The stock market inecies are all leading indicators of where the economy is headed. They have since turned back around and usually paint an economic future about six months ahead of unemployment.



Unemployment will continue to rise as consumer spending has still yet to completely turn around. Once unemployment numbers flatten out you'll see consumer confidence increase and finally consumer spending will increase.



Once all these take place companies will begin to spend more money and we'll get our ever important business travelers back.



Until then, its going to get a little worse before it gets better as we finish bottoming out.

Currently working at a flight school, the number of american students we have is maybe 5% of our total students. The pilot shortage is coming, hang on the next 7 years are going to be a pretty wild ride. Regionals are not going to be able to find qualified individuals for their right seats. As is the case with many of my students coming from undeveloped and developing countries, the airline and or the government pays their way to fly and the become one of those dreaded 200 hour wonder kids.