Are you taking him seriously? The analyst lady who asked the question about Pinnacle bust out laughing right when he said it will be the most efficient, best run regional carrier. She laughs. He goes it's really important to notice this. She still laughs and says "I'm sorry."
He concludes with "so much operational leverage on this move, we're excited on close on this (Pinnacle). Read between the lines. Now that 9E bent over and votes yes, they are coming after the other DCI carriers. So it's nothing to be proud of, you have set the next downward pressure spiral on other airlines, especially those in negotiations. But hey, it saved your job right?