I am trying to get the logic behind this:
"More competition (reduced demand), cheaper fuel, instructor pay cuts etc. must mean lower training prices. Also, ... if you decide to train abroad, lower flight costs."
I'm not sure where you mean by "abroad" but here in Aus the price of Avgas just keeps going up and up.
More competition, when flying training organisations are going belly up all over the place? ??
It amazes me how many people seem to think that the flying schools are raking in huge profits. The margin is somewhere between five and ten percent, and when cashflow is down, the only cuts you can make are to cut your losses, sell up and get a job in IT.
Cuts in instructor's wages? Hell I've just realised this must be a wind up! :o silly me.