At the top of this page I posted a table which shows that previous severe economic crisis have house prices taking 5 years to reach their nadir.
I'd take house prices as a reasonable proxy for airline profitability and aim to be job hunting 5 years from the start of the house price crash. Which would be Sept 2012. Three and a half years from now to graduation. Start an Integrated therefore in 2 years time at the earliest. Start modular now but don't do a Multi, IR or ATPL exam for a couple of years.
Its not a brilliant, deeply reasoned plan but its something to hang your hat on.
The trick is not to acquire the time-expiring and expensive elements of your training too soon before the chance of a job becomes reasonable.
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