Even if Envoy were to get the remaining 40 aircraft, 20 still are going to be placed elsewhere, and not until 2015. Unless the aircraft will be placed at all participating carriers in a 'round robin' fashion, Envoy could be looking at a 2016-2017 timeline for the other 40 to even start. And even then its not expansion at all, its re-fleeting.

It has already been said back in May by PF (unless something has changed) that 25 of the 140 aircraft will be retired by the end of 2014.

Then Sprague was quoted as saying "The company has made it clear that Eagle intends to park our 59 EMB 140′s and transfer our 47 CRJ 700′s to another carrier. We don’t know what that drawdown timetable looks like, but we do know we will need about 47% fewer pilots than we have on our list today"

One thing seems clear, Envoy can't survive by laying off 1/2 of the bottom of the list, the labor costs would be astronomical and force a closure.

I think a large scale merger is in Envoy's very near future. This is why they need to beat the groups down so badly as any binding arbitration is going to look at whats recently been the norm or average in the industry. This is why 12/4 is badly wanted by the company.