More than 5 years to upgrade, yes. Already the case.
Upgrades stopped till DEC2016, probably into early 2017. Big backlog of NAC candidates, excited to start but delayed for months.
I think the big Mueller will make a few changes, stepping away from the low yield 380 operation to a lot of destinations in the States. The IAH operation is making profit again, after flying the 777 in there e.g.
Canceling the delivery of 380's, and changing this to another aircraft like the 350 looks like an option. EK stepping away from the flagship 380 is not unlikely.
Also think that everybody will go to the max hours, just 'enough' pilots to make it all happen. Dumping all the 'old' aircraft, and advertising with the youngest fleet on the world?
Giving it a year orso to clean the mess we are in at the moment, then think about expansion again, slowly.
The office staff will be hit hard, and they have to get used to do one job for one person with the normal amount of one person, not 5.
Interesting times ahead.
Dream on Dream on. zzzzzzz