spitfirejock
You're viewing the ATO's with rose tinted spectacles. Some people have made their fortunes from running what was inevitably going to end as a Ponzi scheme. As BALPA state 200 guys/girls holding the ponzi Easyjet MPL.
Nothing short of a miracle will prevent carnage in the British Airline industry next year. Start with BA, they don't have the money to maintain their LHR slot allocation. Easyjet need a superb summer to stay afloat etc. People are struggling they don't have money to spend and they're nervous.
Looking long term, 5 years plus. I think that there will be one more good period for Pilots. Lasting from about 5 years time until the time that semi Autonomous Aircraft come along reducing significantly demand for Pilots, that I believe will be in 15 years time. Don't forget that flight Engineers were in denial about being replaced in the 70's and 80's but it did happen, and when it started, it happened pretty quickly.
Currently qualified and experienced Pilots will get one more go, I'm confident of that.