Wow, this forum is at a loss for words, that's a first.. Anyway, I'll bite.
The future isn't rosey, but it probably isn't that bad either. At a time when other regionals are struggling financially, Awac is (presumably) in a very good situation, which may be the biggest asset there is. The golden date of 2015 and the expiration of the airways contract is looming, but I believe that all the airways regional contracts are up then, so be prepared for a wild ride.
The aging 200s are struggling, but somehow for the past few months Awac met their performance goals so maybe there is a turn around in store.
Other than that who knows, is any regional really looking at a great?