Might as well do it. I went to UND and I still wish I had done an internship. So what if you are there an extra semester. I used to feel the same way you did, I wanted out ASAP. But when you think about it, what difference does 3 months make in the grand scheme of things? At most regionals, if you interened with them, you are pretty much guranteed an interview and usually the job unless you are a complete dofus. On the other hand, I didnt do an internship and when I started applying I had interview offers coming in left and right. Depends on the market you are in. If you are applying at a time when the airlines are hurting for pilots, then the internship wont make much difference. But if you are applying when the airlines are up to their eyeballs in qualified applicants and arent doing that much hiring, having the internship card in your back pocket can be a big help. What might be more useful to you than the internship is a crystal ball that predicts the future, then youll REALLY have an advantage