MOL was on Bloomberg a couple of weeks ago. He said that there would be an abundant supply of experienced Pilots on the market for many years to come.
The real fly in the ointment is that while the UK and Europe are recovering from the pandemic, Asia is not. Asia is a huge percentage of the business of the ME3 plus Saudia, plus CX. Until Asia recovers there’ll be a very significant oversupply of Pilots.
Currently Ryanair can do what they want, they will fill every vacancy. People are more than willing to pay for a type rating. They come back from these expat jobs after 10+ years with 500k to a mil in cash (€ or £).