Kell,
Word is that everything save H.R. for Colgan Air is moving to Memphis over an unspecified timeline. Maintenance Control is already in the process of moving, and the company is actively recruiting for maintenance admin., controllers, etc... in Memphis. I don't think that there will be very much left of Colgan Air staff in a year's time. What this will mean for the pilot group is very much an open question.
On the operations front, Colgan is closing the ORF and ALB domiciles for the Q, and this wasn't a surprise for most of us. Now, the question is how the SAAB operation will play out in the coming year. As the USAirways contract flying comes up for review, no one knows for certain how much of it will be retained. At a certain point the SAAB will be uneconomical to support/operate and the UEX and CEX contracts will also be under some kind of a revew. I don't see the SAAB on Colgan property 5-7 years from now, and the fleet composition will probably be 60-75 Q-400s. Assuming of course we still have an operating certificate.