From reading your assesments I would conclude now is not the time to invest in flight training. My plan at the moment is to sit it out and wait for the economic condition to improve. However I question if they will for a very long time. I am presently the holder of a PPL and planning to invest a substantial amount of money in flight training with the hope of gaining employment with an Airline. I realise this is an unrealistic prospect at the moment. But how long do you think I should wait before I eventually make a decision of whether to put the nail in the coffin of an expensive dream?
Do you believe we will now in six months how bad things are?