Well I'll not interject politics in this discussion like some other folks.
I hope there is no recession. There are things that make me worry like FedEx seeing reduced demand, auto and motor home sales weakening, and the stock market in constant turmoil with wild swings. These things don't exactly make me feel all warm and fuzzy.
If there was a recession would it be better to be at one of the low cost regionals, a WO or one of the larger regionals like OO or YX? I don't think we will know that answer until it's time and see what the c-suite execs decide. Don't forget while YX isn't a WO all 3 of the big legacies own a portion.