Absolutely right ....
Myself ..i was a CFI (CFII MEI GROUND ) FAA now im at the final portion then i will be JAA rated also ...
im not sitting here ..paying to get a job interview ..i rather go back to flight instruction flying freaking Diamonds then sitting here and be a slave of the comapnies (by the way also my bank thinks that way ,so theres no way to get further money !)
Here in Germany ,it slowly picks up ,but i guess it takes another year till the market is booming ...depends what is happening in IRAN ...if that becomes another Oilcrises..well guys be prepared for some trouble in our Business ...
Im still quite optimistic ..and i rather fly a C172 over Stuttgart for money then sitting on the ground waitng for the BIG BOOM >>>>
Only my opinion ....
Cheers