The only problem with your theory is that AA already closely controls the pay rates and bonus structure for their 3 wholly-owneds. Same old same old mantra "United / Delta / American are going to merge in the regional partner and the seniority list." We were talking about this same topic in 2008. Playing golf with a friend and having a few adult beverages may lead one to make opinionated comments but it's not happening. Not with Endeavor. Or Envoy. Or PSA. Or Piedmont. Regional airlines serve a financial purpose for the major airline partners and it won't change anytime soon. Please review my comment in 5 years and call me out if I'm wrong.