Yes, but.... anyone with a CA bid will be an FO for a while. At the very least you do the Q course for FO and spend 9ish getting 500 hours. Then you come back to TK and do the full course again followed by 100 hours of OE. There is a whole slew of contractual stuff that has to happened to the 17k pilots senior to you before that can happen.

Q - Why don't I just bid CA and wait for my turn?
A - When you bid into a new seat you have no control over when you go to training. That is one of the many reasons we have unfilled vacancies. Guys don't want their holiday plans ruined. They are sitting on their bid until the next round trying to game the schedule and get a class after then new year.

IMHO there will be another wave that take the upgrade after the new year. There will be another wave that take the upgrade right before the best reserve improvements are implemented. All this hand wringing about direct hire CAs will be like a bad memory.