Yes that is how it's been for a long time, but how does that lead to a stronger, larger industry?
Businesses that make profit can advertise, therefore more students, more students means lower running costs as the costs are shared by more people, more people mean a more stable business so investment is less of a risk, which means you can buy better/newer a/c, which in turn brings in more people. Etc.etc.etc.etc.
I would rather work for a stable company with less chance of closing the doors one night and just not reopening them. Leaving students in the lurch and me without wages. I don't work for free. Should I be asking for my pay at the end of each flying day?
So again, the current system works does it?
Hmm do I detect the hint of sarcasm in your posts!