Originally Posted by
Falcon7
The wave of RJs peaked before Moak became President and has been declining. Delta December 2012 year over year domestic ASMs, mainline up .4%, regionals down 9.5%. I predict this will be a continuing trend.
Yup. RJs exploded after 9/11, $30 barrel oil, & a morons who decided long term FFD contracts were a good idea. Now with oil staying high, FFD contracts dead, & capacity discipline, the regional business model is crumbling. It won't go away entirely, but it will continue to shrink rapidly.