Finally, in answer to those that quote the August rumours, can you really have forgotten the date the world changed? That was September 11th, well after that discussion.
The effect on the flight training industry is unfortunate and frustrating, especially when discouragement comes from peope posting here who really should know better. SFT has lost students since September. Apparently a very large course was due to start on Monday, a sign of how we were picking up after the twin hit of JAA and NVQ tax relief. Most of those cancelled. If students were not cancelling SFT would still be trading - the company was still profitable, cash flow was the problem.
Yet this is the time to start flying training. By the time a student finishes, maybe on average 15 months time, there is likely to be a desperate shortage of pilots, as the industry is getting back to normal. Notice very few pilots have been laid off. There was a pre-existing shortage, that will be felt again within a year, probably in 6 months.
So all those thinking of training, do it. There is no better time. And if SFT get the capital injection it needs, come down to the best FTO in the UK, with the best weather, the best airport and Bournemouth, a great town.