Mr Hat there lies the problem with the current free fall of terms and conditions. The talent pool will be much shallower in the future as people weigh up the relative merits of other career options. Management are relying on the pool of people who have already committed too far to pull out, or cadets with no experience. I don't think either will be sustainable in the long run, there will always be some talent around but the average is going to fall; a long way. I enjoy flying, but I would take a decently paid comfortable desk over most of whats on offer today.