I agree and disagree. I believe that as and when the airline cadet programmes ramp up again they will still look for full time single programme training input. It is much easier for them, involves significantly less risk and attrition, and costs nothing. However I think it’s an academic argument for the foreseeable future. Terms and conditions are going to track supply and demand, For the realistically foreseeable future there is likely to be a wholesale slaughter of the demand dynamic.
As recovery takes root at whatever point it eventually does, airlines are going to be able to pick up diamonds for the price of coal! Experienced airline pilots with proven track records are going to be fighting for every vacancy. Many of those airframes flying to the desert are never going to come back. Even with the layoffs already witnessed, the truth is that almost all of the worlds airlines are heavily oversubscribed with existing staff awaiting some direction for the near and medium term future.
The worlds money printing presses have been running fast for the last decade. Now they have switched to overdrive. There is going to be a price to pay for all that fiduciary cash and history shows that is usually in the form of inflation and unemployment. I doubt joining the back of the queue of the pilot training world is going to result in happy outcomes for a significantly long time. I also think that the idea that modular training gives any more of an advantage than it ever did is also severely misplaced.