The airplanes coming to PSA do not even take Republic's problems into account. We've been picking up some Republic flying, most notably out of DCA for now. If PSA can keep hiring, then we could be looking at far more than 70 airplanes. It's a big if. But nobody knows the future and the pilot supply is finite.

There are going to be a few regionals that shut down. Some have already shrunk and look like former versions of themselves. The landscape is changing rapidly, a year from now the entire landscape will be unrecognizable.