The hopefuls for the magenta offer mostly fall into two groups - locals for whom that would still be a decent offer given what else is otherwise available in their countries (spoiler - it makes Wizz look like paradise) and those desperate for any flying job. The former category is not much of a competition to the average Western European, American, Canadian or Australian pilot as most of those would be looking either into opportunities within their own countries or into the more stereotypically expat (and far better paid) jobs in Asia. The size of the latter category is inversely proportional to the number of opportunities out there, i.e. most of them will happily forget about the magenta brigade the very moment they see anything better suited to them. As the overall situation in the market now is about as far from good as it could be, it surely won't be pretty for a while. But in another couple of years things will likely look a lot different. Until the next big crisis which will inevitably happen.