From a UK perspective the two main sources of new airline jobs, Ryanair and easyJet, both stop expanding their fleets in the next two years. Do not underestimate that. Between them they have gone from 20 aircraft in 1997 to 450 aircraft now. That's an average of around 33 additional aircraft a year which is about the equivalent of a whole new Monarch or Britannia airlines per year.
When its back to dead mans shoes then the slowdown is going to feel violent.
Whilst the sandpit may entice some pilots to leave the UK there are a suprising number who wouldn't mind making the opposite journey for the right job. The military have a surplus of pilots which nobody seems in much of a hurry to employ.
Everywhere you look there is NO shortage of humans with commercial flying qualifications.
Interest rates will rise. Public sector jobs will be cut. House prices are falling.
Join the dots.
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