The news of these base closures isn't really surprising and it isn't really news, because it was inevitable once the Delta/USAirways slot swap was worked out. The company is merely following through with their strategic plan to right-size the airlin. EAS flying is an albatross around the company's neck, and given the current fiscal environment I don't see funding being continued in the next budget. It is a "pork barrel" program that needs to go, and with the exception of Alaska it is truly not essential if you look at the communities served by it in the lower 48.
Base closures, realignments, fleet reductions/retirements are inevitable in this business, and managers are further challenged by dynamics that they cannot forsee in geopolitics, oil prices and the overall economy. Unfortunately, the employees sufer the fallout of these decisions and I don't expect the volitility of the industry to change in the near future.
If I were to predict the future I'd expect to see CRW to close also, and with the reduction in fleet size, I don't see the remaining EAS flying in IAD or IAH to be sustainable. In fact, We ned to be concerned about the 120+ CRJ-200 fleet coming up forcontract amendment in 2017. I don't see that happening, nor is it in the overall best interest of the company to continue operating that fleet composition in the future. BUT, the burning question in my mind is how does this company recapialize itself to be viable in the next decade?
I am not trying to paint a "doom & gloom" picture, but this company has a big chalenge in front of it over the next few years and is highly vulnerable. Robbing Peter to pay Paul will catch-up with Pinnacle Corp. if they don't do more to get things on the right track..