There is no common sense in this business!
Alitalia on the brink.
Virgin to axe 600.
SAS to axe 3000.
That is maybe the reason for "negative" tone in this thread.
I see many instructors resigned to have to wait 12 - 24 months to even get a sniff of a job.
However in all this negativity I know of at least one company hiring, Wideroe newly had tests for hiring!
Myself I am at 39, and heading against all advice - trying to get trough my ATPL's and CPL/IR.
So I guess we just have to take the good with the bad, cross our fingers, and hope in the end we will get some tailwind, so the recession can end early.
I also believe there are jobs, if you are mobile and can get together money for TR. I know this is moraliy wrong and all, but having spoken to one very experienced pilot at SAS, he told me of people who paid their own TR, and was now flying in the middle east, asia and africa.
And the SAS captain, did not discourage me from pursuing this long and difficult path, altough he admitted it was much less financially rewarding then it was 20 years ago!