I don't see how regionals merging or liquidating and being absorbed by others creates a growth in the regional industry. It creates growth at the airlines on the buying end but not the industry. If anything it shrinks the regionals as the overlap and inefficiencies are trimmed. Not to mention a consolidation of regional carriers would allow them to charge more and turn the same profits potentially doing less flying. Consolidation, unless you're on the end of a liquidation, is good for us.

On another note, I think hoping for the regionals to shrink is pointless. The industry changes with technology. The technology of 2 hours ago was regional jets. As long as that's the most efficient way to carry passengers that's just how it's gonna be. If one day the bigger planes become economical again for the flying the regionals are doing now then we'll see the majors growing and the regionals shrinking. That's just how it is. This is still a capitalist society after all.