AA: downsizing STL until it becomes the type of hub CLE is. Most of LAX regional ops going there.
UA: slowly decreasing IAD with US alliance. Mostly ACA and transcons. Trip through a bankruptcy court will lower costs.
DL: Totally collapses under the mighty AirTran by next year
. Seriously, I think that they will eventually close DFW, and build up ATL, with slight downsizing at CVG. Tad more buildup of SLC if CO/NW code-share agreement goes through, as that is the only Skyteam hub west of MSP. Fresh Air taking over in more low-yield markets, leaving costs low, although there will be more unionization at both entities. Buys out CO in Chapter 11.
NW: Not much happening but they will begin to lower costs and take on a fresh, slightly more JBLU image.
CO: Skirmish with the pilots union and FFers. Dance in Chapter 11, gets taken over by DL. CLE dismantled, but IAH and EWR kept the same.
US: Will stay in some form or another for awhile, slowly going down. PHL to be big hub, with smaller ops at CLT and PIT. DCA will stay the same. Merges with UA.
WN: Keeps growing, adds longer routes, adds the 738/9.
HP: Will survive with the gov't loan. Possible code-share with AirTran.
AS: Add transcons and longer flights, will thrive as a full-service carrier.
TZ: Will one day have to face off with WN in MDW, possibly bloody. Will survive, though. C8 will get RJs.
FL: Code-share with HP. Continue growing at 20%/year until it comes back and smacks them in the face, with lower growth after that.
B6: Survivor, but don't expect double digit profit margins every quarter as they expand.