I wouldn't read too much into the Ryanair propaganda mill today - all they're basically saying is that this past year they didn't make as much money as they normally do. They are still in profit. Those in the flight training industry would class ANY profit as a birthday present! But to answer your question, any downturn in the airline industry or any national recession for that matter, if it were to happen, will be unlikely to affect you before October.
VFE.