Well the BA cadets will all finish their courses so there is some revenue. All the BM and AL cadets have been cut loose. In most instances they will have several weeks to run before their advance payments run out. At which point some will leave and others will self sponsor to completion.
I have no information on some of the foreign airlines there.
Whilst this is a significant blow there is no immediate cessation of cashflow and OATS is owned by a large American company. I find it implausible that the place is going to close or anything dramatic.
Moved to Wannabes for relevancy,
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