Look at Envoy. No they won't be shut down by Tuesday. But they are losing their most valuable asset. What possition will they be in 2 years? PSA has 49 a/c, only 14 of which are valuable. Where will PSA be in 2018 if they say no? You think they will run an airline with 14 a/c? Same with PDT, airframes are timing out. What future will they have? You say they can't shut down 3 airlines over 3-5 years. I see 8 other airlines just waiting to take the flying, and there are others that aren't in the system yet that could make it more than 8. Parker has options, the wholly owneds don't.