If the flow is turned off or even stifled Envoy will become a pariah. I would think that would invalidate all the contracts for the bonuses and those that were close to flowing would take the first offer out, as would all others.

But if Envoy does spiral in, there will no longer be a reason for AA to not hire from it’s remains.

No doubt that SKW and RPA have a better chance of surviving. SKW has the advantage of pure size as well as more contracts and RPA at least has multiple contracts.

Of course as many have pointed out before, Mesa seems to be the cockroach of regionals. It will somehow find a way to survive.