Just two points:-
1) If CX have no need for new pilots and are operating a holding pool, then why bother with a recruitment ban? surely this would only work if a)the company had courses to fill. b) Selected candidates respected the ban over personal considerations.
2) How long can the dispute possibly last? surely the shares must be depressed due to the stalemate between the company and the AOA. Until a conclusion which has a certain amount of satisfaction to both parties is reached, then the threat of further industrial action is still very real.