There really is no one factor suggesting any recovery is near. All the airlines do anymore is cut capacity, merge and downsize fleets, furlough and over work remaining crews. No attrition to retirement, as legacy carriers farm out more flying. The younger pilot group sees growth at their regionals but with no movement above hence no replacement of legacy senior pilots. The future will hold far less pilots period, as we bring in larger fleet types of the 70-120 seat range and reduce frequency and overlap with mergers. The ball is dark and murky. The best we can hope for is a total system revamp comprised of EMB-190 and CRJ-1000 type fleets with positions that pay $80,000 after 15 years of service.