Airlines did furlough thousands of pilots, many never made it back to flying.
It was bad, but not as bad as it is now...The world economy today is in a worse shape, than it was in 1929.
Even though Wall Street still does not want to admit it... Their pride...?
Economy is certainly worse than the 1974-1980s' period.
And why is that? This certainly becomes a real battlefield of wannabe economics, but everybody has a right for his own opinion, still i would rather hear some arguments with it..
And despite all that you will train for the next 2 years as pilot...
And spend anywhere between $60,000 to $100,000+ for a licence...?
JAA or FAA, what are your plans, frame it and show it to friends...?
If you get a job flying, is it CFI and earn $1,200 per month...?
Yes, that is right. How much you pay in states to study medicine? There is nothing wrong with CFI position, and it is valuable experience - and of course you gain lot of hours, and your CV is not anymore with 250h guys.
The way I see it, things will get back to normal 10 years from now (maybe).
Like i said, everybody has a right to his own opinion, mine is that put it half, and half again.
You love airplanes and flying... ok.
So, invest in medical studies, or law. When rich, buy yourself a little airplane.
So is this it, the "American dream"?
And medical and law careers doesn't interest us here.
What I know about airlines now...? Well, I would not dream of an airline career.
I will. I have talk with many pilots ( for my current work i meet them daily), flying with Lufthansa, Finnair, Finncomm Airlines, SAS, Austrian, Blue1, Air Pulmantur, KLM, Aeroflot etc.. I often ask would they still go for it, everyone would. I'd rather observe in a "field" than here.
I understand that there is many risks and downsides consedering career as a pilot, but if i really want to do it, i will, i can, and i will succees with it, thats it, all what matters to me. With hard work (save the money, read and learn), a proper career planning and with a finnish "sisu" there is no doubt that i would not succees.
Dont let other people tell to you cant do it, you should not do it etc.. So guys get out of pprune and work hard,plan carefully and go for it.
Happy debating about downturns and everything, i am going to take off.