By all indications the real potential for growth and expansion in the airline industry is in the international sector. That being said, I do not think there will be any growth in the airline industry in the next 2 years. On the contrary, in the short run, it looks like there will be further capacity reductions and a few legacy and LCC carriers phasing out of the picture all together by 2010 or 2011. This means more pilots out of jobs in 2009 through 2011.

In the long run, however, I agree with those who said there might be hope for those of us still in this business. If you have a passion for flying stick with it. If you don't have the love of flying, then you need to find something else that gets you motivated. Don't stay in this business if your number one goal is to get wealthy because this business will not get you there. Not the way things have turned out.