Trans States going to Republic?

Breaking news tonight comes from The Air Current about Trans States being bought by Republic.

As the story points out, such a deal is likely to be a major blow to Mitsubishi and their MRJ ambitions.  The other shoe to drop here is we can now see where Republic is probably going to put the 200 E-175s it bought at Farnborough.

As we have stated previously, that deal clearly had other issues that nobody could report at the time.  We have also opined that the US regionals are being squeezed and their only option is to consolidate as well.  Well, here we go.