Well I can't blame CTC for telling such nonsense, Oxford does the same with a nice banner on its web site saying how surprised we would be by the answer to the fatal question "Is now a good time for training?"...
They need people!
If you can afford it start now and with CTC it will maximize your chance. Otherwise, don't risk your parents house and go modular it will take longer and by the time things should look a bit brighter.
Anyway, let's not think too much there's not a lot we can do, just hope things won't turn too crazy this winter... Finger crossed!
(400 pilots by 2011 for BA
and all from CTC of course
Can't believe they actually said that...)