But Europe has a lot to lose. The pilot training and component / airframe / modification certifications systems hang largely on protectionist and job-creating practices. The FTOs are scared of hordes of highly cost-sensitive ATP cadets clearing off to do FAA CPL/IRs in the USA. So it is at this end one can expect big trouble.
Peter
I dont disagree with you on much but you are wrong here it has already happened!!!
Our most famous flight school at Oxford no longer flight trains it pilots they all go to Arizona and have done for some time.
Cranfield has gone bust!!
All that happens now in the UK is ground and sim training and sim is mostly US owned.
We have already priced ourselves out of the market! Dead, Capput GONE!!!
They do JAA and or FAA in the states.
Even sims are based on good old dollar price structures
Pace