For the near future, yes. But remember, the CEOs of these companies are thinking 10, 20, 30 years in the future. Why do they just offer bonuses instead of just increasing pay? Why does Parker offer flows or guaranteed interviews instead of just bringing the regionals into the mainline fold? They know eventually, all the retiring mainline pilots will have been replaced, and all the movement (over a decade or more) will attract a whole new generation of pilots hoping to move quickly to mainline but eventually the music will stop. When that time comes, they will attempt to regain the cheap regional labor model that they have enjoyed for the last 20 years.

Mark my words, in 15 - 20 years, when all the mainline retirements stop, you will see a regrowth of the regional feed while mainline seniority lists stagnates.