Fluffy,
I echo your concerns on this side of the pond as the assistant chief instructor of a small school (4 R22, 1 R44) in florida. Given the current state of the economy, I don't see how we will be in business much longer, without some sort of outside investment. New students has trickled down to nearly zero and creditors are constantly calling. In addition, I'm on the low side for qualifying for a commercial job, 1250hr TT, at a time when most companies seem to be raising there minimums. Its to the point where I'm just hoping my boss can make payroll on friday.
We shall see.
Mike