Coronavirus employment low on its way?

[wigbam]

Originally Posted by Hogos

Other companies may expand, or maybe others more will born, the sky won't be empty when this disaster will end.

So you expect things to magically reset when this virus panic is over? Even if we are done with the virus by the end of 2020, the ramification would manifest for many many years. Defeating the virus is just the first basic hurdle, you have at least the following factors to take into account after that:

1. People would have lost jobs, security and money and will hardly have extra cash to splash on flying
2. Perceived threat and danger associated with traveling would remain, people will be thinking twice before going somewhere (especially long haul)
3. Huge market over-saturation with unemployed qualified and current pilots due to multiple airlines going bust - many will be desperate and happy to "fly for food"

Pilot jobs prospects in a situation like that? Extremely bleak. Low hour pilot job prospects - I'd say around the same as hitting the jackpot in a lottery. I would give it 4-5 years before the situation more or less stabilises again.