Does this mean these airliners are walking off the cliff too?
There are lots of aircraft on order. For the BAs, TUIs, monachs etc these wont coome until 2012ish - so no impact on recruitment for 4yrs or so. For ryan/flybe, there are now hundreds of redundant experienced rated pilots to employ, forget low hours lot.
With the coming winter and economic recession it is better for the airline not to grow and consolidate old for new aircraft being more fuel efficient.
If your 70K gamble is based on this flawed argument for recruitment, i really do wish you the best of luck!!