WWW - Post's like this don't really help anyone!!Don't let that GO flight deck negativity get to you...
Firstly the BA rumours of grounding LHR's 737 fleet is cr@p, I mean, come on !!!
The Classic fleet has been planned to be phased out for a long time, being replaced by the 777.
Virgin are letting go 150/60 pilots and about 80 Flight Engineers, BA have not announced any pilot redundancies yet.
But I would say to anyone who asked me to put off starting any ATPL training for about 6 months then re-assess. Save the money and stay in employment. Thoses already in the system just carry on and get the licence issued. It may mean baggage handling/paper round or something for a while but so what....
It's all cyclic, when it comes around again the pilot shortage will be alot worse than it is now due to no-one training.
Hang-on in there guys, it may take 12 months, but when the recruitment starts again, there could be quite a choice!!