Kapitanleutnant,
You're undoubtedly right. An economic downturn, with some attendant effect on pilot employment, is inevitable...bet the rent money on it. :-)
I can only guess what the degree of effect will be under the current retirement picture. I have absolutely no idea but WONDER if such extraordinarily large numbers might at least not ameliorate some of the negative economic effects on the junior people. Perhaps an airline bleeding pilots out the top end might not lay off as many in a downturn...or even need to continue hiring even if just a little ? Maybe a de facto form of furlough protection if nothing else ?
Beats me...
Last edited by bafanguy; 1st Feb 2016 at 09:48.