Yeah i have heard about the slowdown. Hoping that it would get better before i get back.
The supply & demand equation is always there, but the main question, does the supply actually meets the requirement of the demand.
I don't know if this is the trend that we will be seeing in the future. That holding a PPL is the most advantageous. In Aus at the moment, Virgin Australia has just closed applications for cadetship (ATR 72 with Sky west) and ONLY PPL holders & below need apply.