I'm not so much worried about AWAC not being on his list as his reasoning for those companies he included. Is it solely because of growth?

If so, seven years ago that list likely would have been:

1. Comair
2. AWAC
3. Mesaba

If so, three years ago that list likely was:

1. Skywest
2. RAH
3. Pinnacle

Amazing how quickly things change....