Originally Posted by CLT Guy

Or, flying can be taken away from other places and given to Envoy. I think Envoy will get their 175's, but the frames will be cut from someone else.

Look at all of the new airplanes that PSA and Envoy are getting. Now look at how much new flying they are doing. Almost no new flying, but lots of new airplanes. Look for non-wholly owned companies to start to lose flying and WO companies to pick it up.