Why haven't we seen a NEW regional?
I've been around this industry for more than 15 years. I'm not the "oldest of timers" but I'm not a newbie either. I've seen close-hand Comair shutdown. I've seen the growth in the early 2000s and the stagnation... I've seen the "new" regional airlines...the true start ups...
So, here's a question for everyone to ponder -
IF the market is so good for the regionals (they can whipsaw, 12/4 pay caps, and lots of pilots around) [all of which are actually imho the last gasp of a dying segment of the industry]
and SINCE the market and Mainline at ALL TIME HIGHS for profit taking (stock market peaked at over 17000---highest ever; huge profits at the now consolidated Majors AND LCCs like Spirit and Allegiant are #2-3)
THEN - why no truly NEW startup regionals?
Why ONLY the whipsaw...
Just food for thought... Hey, if the mainlines really think they can low-ball forever...why aren't we seeing NEW carriers. Like the next-generation SkyWest with no union? Just wondering. Mainlines are upgrading their fleets, reducing debt, ... LCCs are growing rapidly to fill a void ... but the regional flying is shrinking. If the resources (pilots at low pay) are really there...why nothing truly new?
I have my thoughts...but I thought I'd throw it out there...just for fun!
Say I'm Richard Anderson or Parker...why not say, 100% of you will flow, we'll do it fast, you're the new (and only) pipeline, we'll make it only you, etc....
The closest we've really come is Endeavor and that, from what I understand, isn't working (at least the EtoD...)...