What do BALPA do when an airline goes bankrupt, do they try and negotiate with other airlines to help the redundant pilots get taken on elsewhere?
As for cadets being prioritised, it's in the interest of the airlines for the pilot market to be as flooded as possible, as has been seen in the US, when there is a shortage, the T&Cs on offer can go through the roof. In my view, it's up to BALPA and indeed, other unions abroad, to try and put a stop or some sort of limit on the seemingly endless supply being run through the flying schools.