This topic is debated so often! I believe the aviation industry is the most volatile in terms of how other factors effect it.
Most airlines run on a cash flow basis. So that means that there is a lot of cash going through the airline and very little being held in reserve for a rainy day! Airlines then structure the company so it is quick and easy to adapt to forever the changing economies.
So you cannot look at an airline and say right it will follow this cycle of rotation. With markets crashing, virus, war...etc, it is impossible to say where the future of flying will go. But I have got my money on up!!!
Leviatan: I see that you're an ozzy, so from where I sit, I can't give any useful advise to your problem. All I can say is I think things will be looking up for the near future...
I have taken the chance and I am training in Spain for my ATPL. I see a lot of fresh airline guys/gals coming to do Jet Orientation Courses!
Heads up and good Luck!!!!
