hat's why the crap GA companies will struggle first, then it will move up the chain.
You are spot on it is going to happen first in GA as pilots recognise they can move to better terms and conditions.
Qantas pilots lost a whole decade where their careers were at best non-existent and at worst declining with all resources quarantined with the JQ experiment, which is IR strategy designed to undermine mainline terms and conditions.
As I mentioned previously, Horizon Air in the US, an Alaskan subsidiary cancelled a large volume of flights due lack of crew. It would seem being on welfare and flying full time is no longer a preferred career path.
Watch to see how Rex and QLink go with their schedules...Of course it will be hidden, but if Europe is the guide (it is demographically driven after all) cancellations will increase until the slow moving corporate removes the obstacles and begins recognising the paradigm has changed.