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Old 23rd September 2001 | 15:17
  #36 (permalink)  
The Islander
 
Joined: Jul 2001
Posts: 31
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From: London
Wink

Crazyman, Some interesting points there. Here are others which I feel are relevant to the big picture:

- As both the former Soviet Union and China 'open' up there will be more airspace and destinations for the planners to consider. Those countries will slowly get richer and the take up of air travel will increase.

- Interest rates in the UK are likely to be more stable and probably lower in the next 5 years, making it easier for businesses to plan and grow. Highly relevant as the airline business is all about financing debt.

- Businesses do not 'plan' to remain the same size. Some have shareholders to please, others must strive for growth to secure their financial well-being.

- The rapid lay-off of pilots is a sign of structural flexibility. Airlines can turn on a sixpence if necessary. At the moment this is to our detriment, but when sanity returns it will be to our advantage.

- According to the Times, the Government has announced its intent to assist with the costs of security measures and insurance, so all is not lost there.

I think we are being bombarded with so much information it is too soon to make any big decisions. Whatever happens I will keep progressing toward my goal. I may not be able to get there in one giant leap, but I will continue.

To use the oft quoted metaphors, there is a big training 'conveyor belt' to step on and a 'food chain' to consider thereafter. The only thing that has changed is that I now have to consider more carefully at what point and when.

I have already obtained quotes from my preferred FTO to do the rest of my hours building over here, at a premium of course. I may have to do that whilst in the comfort of my job and take a view of the market next Spring. If it's dire then distance learning comes into play and so on. Yes, I've compromised my preferred route of full-time training starting with ATPLs, but I'll still be in the game.

Frustrated yes, worried nope!

Good luck
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