It does seem there is going to be conslidation in the regionals. I think the "pilot shortage" is overblown. Flight schools are having no issue filling slots as pay has increased. That being said there is definitely a dicotomy between top tier regionals and the less desirable being able to fill classes. There will be consolidation to the bigger regionals that can garuntee mainline carriers they can staff their operations. As for Republic, they only operate the most desired equipment (E170/175's) and little known fact all of the big three have ownership in Republic. I have to think they are likely to be a survivor, and gain additional flying in the long run. Lastly, with classes essentially filled for the remainder of the year Republic can prove they can get enough pilots. Obviously, they are part of UAL's long term plans, but there was a post on LinkedIn from XJT advertising interviewing people this month for Feb. 2018 classes!