When you start to see the share price for airlines begin to trend upwards is the time to start and not before. Bottoming is not the same as trending up.
Then you would certainly wonder why airlines are about to order 500 aircraft from Airbus in about a month, while EADS is valued at below 0!!
People are just not investing into the airline business anymore because they know that it's not profitable and very risky. There are way better investment opportunities in other sectors.
Ryanair are better prepared than one could imagine. If MOL got FR as far as he did, it is not by luck.
If you warn people and tell them not to start today, you must be certain that the actual crisis will last until 2013.
I can see WWW in 2011 saying: "There's a huge pilot shortage now, everyone start training immediately or the airline industry won't keep up with growth (firing press articles on ever rising airline ticket prices due to excessive demand), OA* has still some seats for March, though C*C is already fully booked till August!!". And at the end of each post: "I'm right you're wrong".
You must always look ahead of 3 to 5 years dear doom & gloomers. Can you afford to let people wait 3 to 5 years until skies clear up and see them graduating when we're at the beginning of the next recession?
The economy is like a shot in tennis. You bring your racket back and prepare to hit before or while the ball bounces towards you, not when it's already bounced to the highest point, because then it'll be too late.
But ok, I'm with you guys.
A desastrous pilot shortage resulting from your posts could actually be good as it will push airlines to pay pilots' TR's again.
Flight schools will always keep saying that it'll be the best time to start because it's their business and prospective students would rather believe a person that tells it to them face-to-face rather than a person of whom they might never get to see the face (like that of the retarded guy that's keeping peeping up on this thread saying that he knows everything just because he's sitting in a left hand seat of an A319
). It's just like that and it takes more than a few posts on a website to make people change their minds.
Edit: A little correction: It's Airbus SAS that's valued at below 0, not EADS.