I had a good read of this. I think i am as still confused as I was before I started reading this. So we have gotten to the stage where a few low-cost operations have gone to the wall. But at the same time we keep hearing that airlines are crying out for pilots of all ages to be able to fill gaps.
I have had a good 30 years in my current industry. Could have my ATPL by the time I am 47. However I am also a type 2 diabetic and have been for the past 15 years so its well controlled. With a bit of luck I would like to fly for a regional carrier. Happy on an ATR and come home to the family each night. I would be hoping that I have 17-18 years of good flying for ok money.
Now I read this and I think I have zero chance being the age I am.