Wallywumpus,
P2F in aviation is minor, but this system of pay to fly is a gangraine in many areas.
I mean this system is not helping our economic recovery. it 's not only in aviation but in other sectors.
Instead to reform the retirement system across Europe, why not to give paid jobs to people. So we can pay retirements and people can start to spend money, and countries won't have to increase their VAT (like in Greece).
Our government say people get jobs? it' s not totally true, many job are part time, or they pay to work. People get job to survive, they don't get a decent salary to run the system.
This is a socialist farce, and we are near a double recession which I think will start after this summer or before christmas 2010.The trend now is to work for 2 or 3 people(work 55-60 hours/week or more instead of the usual 35-40h) , or pay to work.
In the industry, many are offered 6 or 12 months stage(unpaid of course). These young men and women coming from university are just "stealing" a paid job, and every year, we have thousand of engineers poping out of schools.
Some companies develop new products, and don't have to pay one penny to their inventors. They all think they will get a job after their 6-12 months stage(like these poor pilots who join the P2F schemes). in fact they are simply replaced by another engineer.
Why should they pay an engineer 6000$ a month, when they can get one for free? same thing happen in aviation with their new famous P2F schemes!
The end of the Euro is here.
Like the Tower of Bable, Europe will collapse and USA & China will laugh at us.
