Many, including me, do not believe that this will be an average recession. Never in the history of the West have we had such a burden of debt. Never before have house price affordability values been stretched so taughtly.
All this is to dance on the head of a pin though. The 1990 - 93 recession was ordinary enough. Several large UK airlines went bust. Hundreds of pilots were out of work. Wannabes were screwed.
That's what an average recession will do.
The 2001 post Sept11th Slowdown was painful enough. I think even the most ardent optimist would concede that a slowdown is already baked in the cake.
With this in mind be in no doubt that all those at the Flyer show had a Vested Interest in YOU undertaking flying training. Nobody there was impartial.
WWW