Dude, I don't know too much about Austrian and its future, BUT all I can say is that if your dream is to fly, then go ahead and live that dream. There are many who fly for other reasons, but if I sensed your motivation correctly, then you will be an ideal candidate for the airlines... love for flying is the key.
I would recommend a good flight school which would open doors for you later. Go for an "integrated" course and do a JAR ATPL, not a german/austrian ATPL which might mean you have to convert it to JAR anyhow. I think that Austria is going JAR soon, or has already done so.
Never been there, but if I had to do it again, I would go to OXFORD in England.
P.S. I don't work for them... not even been near to whereever they might be?-)