The long term trend for the Aviation Industry as a whole is upward growth with a few bumps in the road along the way, (as with any market sector that is growing) Which means more jobs for pilots, engineers, maintenance technitions etc etc, in the long run. The long-term growth predicted by analysts is due to several factors but the predominant one is simply that more Pilots are retiring than are being trained. Most of the Senior Captains out there got there wings in Vietnam, Korea, and I'm sure there are some WWII vets still in the skies. If I were you I woulndn't be too worried, the current state of the aviation industry is such a bump in the road, things will get better if you're thinking of making a long term career out of it. The airline industry has suffered before and the current cold it has will pass once a few economic factors run their course.
