ezymplcae
I know that people like me are considered trolls. But when considering a career as a Pilot in the modern Aviation world, young people and their parents need to be very aware of the facts. The truth is that the major FTO's are the most unscrupulous salesmen that exist. They appear very professional as much as maybe you'd expect from a Harley street Doctor when trusting them with your life.
In truth the British Airline industry is already flooded with Pilots, the rest of Europe simply has too many. This is without considering the pandemic.
But the Pandemic is not a surprise situation. It's normal as an event. These events hit the Airline industry every 10 years (+/-). The last event was the financial crisis. The surprise there was that we recovered so quickly (within 5 years), the reason for our recovery was due to high demand for expat Pilots from the middle East and China. That demand will not come again because those countries now train their own citizens, much to the consternation of the expats.
Prior to that it was 9/11, again we only suffered for 2 years because the growth of the European low cost Airlines was exponential at that time, that will not happen again.
When entering a flight school and paying a large sum of money, it needs to be seen as a very high risk investment, therefore you would not put money in that you couldn't afford to lose.
Don't go thinking that there'll be jobs in 18 months time. If BA, Easyjet, Ryanair survive this then they will be highly indebted companies with little ability to be competitive and to grow. As Willie Walsh recently discussed. We also don't know the effect of Brexit on the industry.