for everyone who is sitting on a "hold letter"
You might possibly be aware that all pilots were "asked" to take unpaid leave since we are overcrewed by 8% and further the majority of all CX pilots just had the choice of increasing their retirement age from 55 to 65. A lot of captains went for that option in order to secure employment past 55 rather than being dependent on the stock market and realestate investments.
This will definately have an impact on time to command AND on future recruitment as well...sorry to pass on even worse news but I dont think we will expect to have any recruitment for a while.