Just about, but not quite. They are still whistling past the cemetery. When the tsunami really hits, it will be far too late and there will be a lot of grief and casualties. Some of those casualties will be innocent victims of collateral damage.

The only thing that can really delay the wave is an economic or political situation (or combination) that results in this industry entering another period of stagnation resulting in the music stopping for a period of time at the mainline level. Considering the retirements, it would actually be a period of contraction, but the result would be the same for regional pilots.

Nowhere to really go and all day to get there. Considering the present state of geopolitics and other issues, it's a risky time indeed and the industry is overdue for one of its historically solid dips. Perhaps that's one reason some are so desperate to claim any rogue unspoken for soul in the regional wannabe ranks ?