Intersting (un)developments for the cadetship
I too am getting more dismayed by the dimming hope of getting into the flightdeck. More applicants, cost-cutting, spiralling fuel prices, etc.
I did consider paying for the CPL, but its really a huge gamble. I've worked for the past 2-3 years after graduation and probably have enough to pay for half of the CPL. But without a reasonable offer of a flying job, I would be a an arse to plant all my savings into a CPL. Flying schools are as desperate for money as we are for the golden cadetship.