I'm looking here at a screen of red. The inter bank lending rates have spiked upwards. EVERYONE, every bank, every insurer, every broker, every hedge fund is hoarding their capital.
I seriously doubt whether in 2 months time you'll be able to get a 90% mortgage on a UK house. Chances of finding someone stupid enough to lend £70,000 for some dreamer to get a ticket to fly aeroplanes that are being parked in the desert are slimmer still.
The is APOCALYPSE. OK, you won't need a foil hat, shotgun and bunker to survive but do not go thinking that things are going to go back to the way they were. They will not. Only a serious recession can squeeze out the inflation, reallocate the capital and reform the economic and financial structures enough to sort out the massive problems that have been built up for the last decade.
Learn Mandarin, move to Hong Kong and live in a tent. Do not remortgage your parents house to spend £70,000 on a piece of paper nobody is interested in in a country that is bankrupt. Next year firms like Chrysler and Ford will go bust. Small (< 250 airframes) non-global airlines will be small fry in the great unwinding.
Thousands of Millions of pounds are going up in smoke every day so far this month. Some of that money lubricated the global aviation system. Oil pressures are dropping. Temperatures are rising. Vibrations are being felt, the Master Caution is lit, the Autopilot just dropped out, there's a funny smell...