Why are you figuring there will be a recession in the next two years? I am also considering applying for the regionals (Skywest or Compass in particular). I currently have a comfy desk job in the LA area making a good living and a great schedule. I left the airlines 14 years ago after everything went downhill post 9-11. I stayed current, flying GA, and still have my CFI. But that desire to go back to the 121 world has never left me. My wife (and 3 kids) are on board as well, since we've been discussing it for a year. We've been looking to get out of California, and this was our planned exit.

I hope I haven't missed the wave and I'm to late!