Many Airline industry investors don't believe that CHQ would be affected too significantly. Yes, Chq does have 33 planes in service for Airways and almost 1/3 of their revenue comes for them, but they seem to have contingency plans already in place. I'm not making this stuff up either, go to Yahoo Finance and look up "RJET" stock quote. Thats Chq's parent company; and read the investment articles about the Airways-CHQ relationship. They say that those airplanes would probably be smoothly transitioned to an existing code-share or be moved to a new one. Other articles can be found throughout the internet on this exact subject, not just on Yahoo Finance.