Nothing that was relevant in February or before is still relevant. AA has invested millions in lots of places. That doesn’t really change what will be the best way forward.

Passenger counts are down 94% currently. The likelihood of a timely rebound to 2019 business-as-usual levels is, charitably, low.

So AA needs to drastically reduce regional flying. How do they do that? Maybe they have a way to dump outside lift. But if not, what assets would be irretrievably lost shutting down their smallest WO?