PPRuNe Forums - View Single Post - End of ATPL bank funding?
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Old 17th September 2008 | 12:35
  #29 (permalink)  
SinBin
15 Anniversary
 
Joined: Jul 2006
Posts: 495
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From: On the side of the pitch!
I was a wannabe once, and there was negativity even in the good times. Fact is now no matter how positive you want to see things, they are in a terrible state, low houred newly qualified guys WILL NOT get any jobs for at least 3 to 4 years. That is a fact!! It is the worst downturn since Gulf War 1 with the worst recession expected since WW2(probably); do yourselves a favour and don't pay a bean in training fees. There will then be a shortage of pilots at the bottom and possibly in 3 to 4 years time airlines may start sponsoring again.

Many airlines will fold this year, even some household names! The market will be awash with high houred type-rated folk, and with the bear minimum during a period where airlines are not spending money unless the absolutely have to you're going to be waiting a long time. No-one is recruiting even RYR.
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