Call me an optimist but I reckon we're already seeing the merest tip of those green shoots everyone so desperately awaits.
I think what we see is basically the results of second hand aircraft transactions as buyers are finally feeling secure and that prices have bottomed. I don't think this is to be related to the general economy as these are opportunity moves with probable limited duration. Resulting jobs opportunities might also be limited as pilots are sometimes laid-off when the aircraft is being sold, meaning pilot recruitment by the new owner is not really creating new positions but simple transfers.