Feelings on a regional flying E-190s aside I'd be cautious about joining Republic's ranks. They're walking into a snake pit directly competing in the airline markets. Just thinking they'll have a competitive advantage using regional pilots and aircraft on mainline routes may not be enough. After all, majors like United can leverage strength in other markets like international to bring down prices in DEN and MKE. And lets not forget Southwest who has been beating down Frontier and Midwest for years.

Republic might have a strong cash position now but so did Independence and XJT before their venture into operating their own brands.