Job security
From the pilots' point of view, QR, EY, EK and G9 will have lots of vacancies in many years to come. There won't be enough Nationals to fill in the man-power requirements. WY, GF, SV, KU may be able to operate with a mainly local workforce.
However, it's a different story if we refer to the pay package; after all the most important thing.
The present trend is to continue. The well pay jobs world-wide are decreasing and the so called 3rd world airlines are not increasing their packages considerably to entice their Nationals to remain in their respective countries. They still think what is paid is good enough versus domestic cost of living. And this is really true.
In one way, this is good for the industry because more and more investors will be willing to embrace it, but in the other hand salaries will remain poor (for non-Nationals). The recent example of the Malaysians and others means exactly that.
Ultimately, a high turnover may lead to further costs and the stands of safety will suffer a severe dent. The majority Managers and Bean-Counters don't think so. I've been there and my concerns were read as pure rethoric. Well, there were and have been changes but they still trailing.
More opinions please on the subject of which airline is more secured.
Safe flying.