Comair had autonomy, they let it go to their heads and they paid the price through insolvency. Republic has autonomy, how is it going? Ask BB.

Endeavor does not have autonomy, the CEO of DCI is also our CEO - we do nothing without permission, good or bad. Doesn’t make us safer, it does mean that DAL has an interest in us remaining operational - until they don’t.

YX arguably could recover and run without DAL, at 9E it would be turning off our life support. We are a WO paper airline. It’s two very different business plans.

That being said I don’t see YX going the way of Comair in the near future. But I also don’t see YX growing - they will stay big enough to whipsaw the other regionals. YX serves three masters, and those three masters don’t like sharing their toys.