I said don't invest all your savings like a sick player going to the casino and coming back the morning with nothing.
Most of the times for the new comers gambling 100 000 Euro in this game is not worth it when you know a good part of the new CPL holders never find a job, and it won't get better in the future.
Drone carrying passengers? Who said that? We speak about technology here. It has already started: how many cockpit crew needed to carry 100 passengers in the 60s and today? If you think technology will stop today and airplanes with only one pilot will never exist, you are fooling yourselves.
Concerning fuel, denial is the rule in our industry. It is either "there is enough fuel" either ""they" (who???) will find something else".
We want to beleive energy could be replaced by our technology. Energy is energy, it cannot be replaced, technology only helps to use energy, not create it.
Food/vegetables to replace oil? Sci fi. We need agriculture to feed people ( 7 billions now)
Sun energy? To put this energy in a A380 to fly 15 hours you would need to be extremely rich to buy a ticket if possible at all.
Other? Please enlight us.
Its hard to believe aviation will continue to grow the same way it has this last past century with cheap oil and world fast economy growth based also on cheap oil.
Let's consider the possibility that Aviation remains stable for an other 5/10 years (if no major economic crisis), then follow the fuel price trend (officially conventional fuel will decrease in 2015 according to oil experts worldwide), it means this career is on the down slope.
But today this career already is a big struggle for most of the new CPLs (better in Canada/Australia right now), and we already have thousands of CPLs who will never find a job, and thousands of others who are right now paying to fly through scam like Eagle jet and co with no guaranty on the future, obviously. Pay to work is a booming field, wonder why? We don't need to be very bright to understand we are experiencing the exact opposit of "pilot shortage".
Asia hires mainly local people, so you are not directly concerned (of course we have exceptions, but in my company more than 90% are local people, and more than 99% of new employees are local people), so forget about the hiring forecast published by the training industry.
That's why I gave you the advice in my first post here to get a cheap CPL, and find a work on light aircraft, and from there see where it goes.
Too many young guys have already spent all what they, their parents and grand parents can possibly borrow because the kid have the childish dream to fly "jet" right now whatever the price.
For more and more youngs individuals their dream career has became a bad dream.
Warning people should be the priority from the ones who already know the industry, how dangerous it could be with the new CPLs brainwashed by the training industry.
Finally, Mighty Ducks, are you serious with this question?
So after all that my question is what would you do, go for it and take the risk or use the money for something else?
If we speak about 100 000 Euro, I would say stay away and invest it, continue your day job that seems to be well paid and continue to save/invest money.
I don't beleive you will listen to me, so I hope you will stay on pprune for some years and update us on your project.
Most of the times we give advices, the young guy replies he will train anyway, then most of the time we never here again about him.
Please come back here after your training and let us know if our advices were appropiate or not, give us some feed back.
If you really want to know the truth, have a look at the thread that speaks about unemployement, many posters admit they have been trying to find a job for years without success. Don't let the ones so happy for having found one and cannot wait to tell us their success story to forget about reality.