Regionals Merging / Consolidating
When do you guys think the regionals will begin to buy each other out/merge/consolidate in some form? To me it seems obvious that the regional airlines are going to have to consolidate in order to have a consistent supply of pilots. Why pay for them one by one (sign on bonuses) when you could buy a few thousand at a time (with financing I might add) by merging with or buying out another regional? Once they merge they can utilize us however they see fit and furlough the excess or take on as much flying as American/Delta/United can through at them.