I think I might forget flying and instead become the Michael O'Leary of the FTO Industry. Oxford, Jerez and Cabair are in a comfort zone where they are in mutual agreement to not enage in a price competition (which is what shouldn't happen in a true competitive market). How awesome would it be for someone to come and take over say Jerez so they would have the brand "Flight Training Europe" for everyones CV's but offer it at a no frills price where there are no uniforms, no fancy brochures, no posh nosh at their open days etc. People may say "oh but they'd lose favour with the airlines". I'd say I bet it doesn't matter as airlines supposedly want integrated, pre-selected graduates which is what they'd get. The difference would be the graduates (having saved 10-20K) could afford it when the airlines say "now pay for your type rating".