APD is not solely responsbile for this infact it's more of a smoke screen for what's really happening. With the european block expected to go into recession and BA/IAG being a european company it's not hard to deduce that they expect a slowdown thus a cut in bods they are going to take.
Therefore, from their point of view they may as well still put cadets through flight schools as they are not contractually obliged to provide employment.
Reminds me of the TUI scheme at FTE only 2 groups being taken on and the rest being flogged off to flybe or not being taken on at all. If you are entering debt for the chance off enployment i would seriously analyse the risk to reward ratio before you proceed.
This is not going to be over by 2013 not by a long shot. The patient is badly injured and putting plasters over the cracks will not heal it.