We have 600 freshmen register for flying this coming fall, that is 200 more than last fall. Last fall we had a waiting list because there weren't enough instructors to cover them all. Right now in the summer things are OK, the part timers are struggling a little bit but the full timers are OK. Fall is going to be busy busy busy.

Remember that the industry is cyclical. But students come to school for 4 years. So if the industry is bad this year, still the guy that is a sophomore in school needs to fly. I definitely thank god that this industry melt down caught me here in riddle and not in an airline, here I know I'll be ok.