If AAA goes belly up it would put about 4500 more pilots on the street. We're an old group though; hardly anybody here is under 40 and most are 50+. Most I talk to claim to have little stomach for starting over. But I'm sure you'd get some guys who would disregard the ban.
Btw, the consensus seems to be that CH. 11 is almost inevitable, even if we can get the ATSB loan. Once in CH. 11, it could get dicey. A lot of guys I know like me (15+ years) are applying elsewhere for jobs.