EV and C5 will eventually be one airline. ZW might also get swallowed up. Also, TSH will probably merge all certificates. Or Mana could buy them too. UAX is such a **** show right now that it’s tough to predict, but if I had to guess it’d look like:

1) OO
2) EV/C5/ZW
3) G7/AX

And then I’d guess either YX or YV for the 4th.