Well when the day comes that the contract carriers pay for their own gas they are going to be in for a surprise.
Gone will be the 10% profit margins.
It doesn't make sense to me that US Air has 10 different regional carriers. Although Air Wiskey and Republic did lend them some money so they are going to be around for a while.
Regionals will not be getting more flying now that there are furloughed pilots from mainline on the street.
What you see today is what you are going to see in a year from now. Except that Mesa collapse is going to spread some flying about. DOn't think that a wholly owned is anything better than elsewhere. Go to republic or air wiskey or sky west before you even think about going to PSA. I can see upgrades looking like American Eagle....10 years...