General Aviation industry: 18 months left
I ran into the HOO of a major flying school today. I gave him his first job 15 years ago and it's been a pleasure to watch him move forward in his career.
He has just been through the Part 142 wringer with CASA and he has had enough - he has quit.
He has quit instructing and he will let his instructor rating lapse, and his Flight Examiner Rating with it. This alone is a major loss of experience and expertise to the GA sector.
He lays the blame squarely at CASA's feet for the industry's demise and he left me with his prediction:
"I reckon GA has about 18 months left before it collapses completely"