Here's one of link (of many potential ones I'm sure) that indicates there is a future in recycling aerospace style composite materials.
http://http://www.letsrecycle.com/info/waste_management/news.jsp?story=5554
I've been seeing increasing articles on the subject recently, and it looks increasingly hopeful that these types of materials can be constructively recycled, though it seems unlikely that the resultant materials will be of the same grade.