It will get worse yet. So much invested in Regionals to cash in the mining side of things yet mining has peaked friends, it won't disappear but it is declining. I think Il Deuce saw gold in them thar hills but the gold seams are running dry!
The only one laughing all the way to the bank is Alliance! MacMillan's timing was impeccable, his bank balance proves it.
Anyone in aviation wishing or dreaming of the old days where big profits and high salaries rules the airwaves is dreaming. Only an idiot would buy shares in airlines.
Oh well, Skytrans is gearing up to sell or float its lemon, so maybe Il Deuce will blow some more cash on that half baked outfit?