I think you are very right. I think a year from now, many us will no longer be employed in the airlines. It's going to get very, very ugly, and we are just now at the tip of a huge iceberg of furloughs. Have a back up plan!! But of course we all know to have on by now anyway, so I guess I'm just preaching to the choir.

For those instructing, just hunker down for the next long while. You are getting your first taste of what your chosen career has in store for you: A series of waves that you must ride out if you want to be a professional pilot.