Pretty pathetic to think of a career at a regional. If you were told that before you started your pilot training, would you have continued? I think I would have done the option B route and left the airlines to rot. The only reason I am still in this industry is because Republic is evolving and I really don't know where I'm going to be in 5 years. I'm waiting to see how this plays out.
I think the Republic situation falls somewhere in between Go!/ExpressJet and Independence Air, where they have enough outside revenue to support their "branded" operation if it struggles, but if all of that outside revenue went away, I think it would be difficult to survive in the long run.
I think a comparison could even be made to all the "LCC's" that the legacy airlines have started; airlines such as Ted, Song, and Metrojet.
You really can not compare Republic's "branded" flying to any other regional that has attempted its own brand. Lets be clear - Republic did not start a branded operation - they purchased two well established brands (and consequently, eliminated a major airline).
Frontier was already a big name in the west. They had an established brand, established route structure, gates, a ticketing system and system of dedicated passengers. The same can closely be said for Midwest, although Midwest was not as large as Frontier.
Republic comes in and purchases both of these companies, combining the best of both carriers. Frontier expands to the Midwest routes, A320's head to Florida routes from MKE and 190's come in to fill in the 100 seat market. Flight loads on the "branded" Republic flying are high. For the most part, customers of Frontier/Midwest haven't seen an entirely big change, so loyal customers to the already established brands are still flying. I just flew a 4 day E190 trip (not thrilled about the pay, but lets not go there), we were 90+ seats full every single flight. This operation will make money, but it will take time to recover from the merging of the brands.
As an FO here at Republic, I am not thrilled about putting the Midwest pilots out of work, but I am very optimistic and hopeful that Republic can make the transition to its own independant major airline, hopefully with the name "Frontier". Because I never had expectations of retiring at a regional airline, I just think that's pathetic. Since so many mainline jobs have gone away, I can only hope that we turn into a major and negotiate an awesome contract.