Pretty interesting post.
Thanks!!!
Careful with the analisys...the economy is in an upturn and airlines are expanding in USA and Europe...let's see what 2014 will deliver. Hope we will not be in another Lehman collapse and again, loads of pilots will end up jobless. I recall airlines hiring in Europe as there was no tomorrow in 2006/2007. They stop hiring at the end of 2007. Reductions and unpaid leaves in 2008. Companies bankrupt in 2010-2012.