Jerez is for sale and rumour is rife that so is Kiddlington. Nobody is making any money in flight training apart from a few smaller FTO's.
The capacity is there for training about 550 commerically rated guys a year.
Trouble is with the long lead and lag times there were too few people a year ago who decided to go for it and I can't say I blame them. In fact I encouraged them not to.
My prediction - barring a major failure - is that two years from now there will be some serious hiring going on again.
Oh, and as for Doctors. A very good friend of mine is at the age of 28 *just* finishing his training in Chester hospital. He will be becoming a GP next year with £22,000 of sheer debt. He will have to take a loan out for about £60,000 to buy into a reasonable practice. He will then earn about £57,000 a year by putting in some pretty long hours. The threat of litigation and assault is huge and the status is not so glamorous.
Frankly I think I'm better off at 37,000ft.
Cheers
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