I don’t think any of us really know (or can even guess) what will be a competitive application once the majors start hiring again.

It will likely be years before any of them hire again. UAL and DAL are threatening furloughs of up to 3000 pilots. That is, of course, a worst case scenario, but a furlough like that means they won’t hire new pilots for 5-10 years. AA seems better off on that count, but they still seem to be on the edge of furloughing or not. That means they are looking 18-24 months out and seeing themselves still likely over staffed. Even without a furlough they likely won’t hire for a year or two.

I’ll concede the caveat that COVID happened really fast. It could disappear just as fast. It could also get worse (or just stay bad). In all likelihood though, there will be no Legacy hiring for over a year, and it could be closer to a decade before we see the hiring environment we had 6 months ago.