Being in such a fluid industry I do not think statements such as 'no recruitment until Apr 2011 at the earliest' help anyone. That is not a 'fact', it is opinion.
Rewind one year and ask BA when they would predict the next time that voluntary redundancies would become imperative and recruitment halted. I can guarantee that the answer would not have been 'in the next 8 months.' The recovery speed is as unpredictable as the rate at which we went into recession - we are in uncharted waters.
Things are bad, there is no question, but there is simply no point in second guessing.
Good luck to everyone out there swimming and chin up to those guys who aren't currently getting any flying work.