Getting loans for training is going to get a LOT harder and more expensive.
House prices are falling and probably will fall substantially and this removes the source of funding for at least half of all Wannabes (either releasing their own or parents equity).
There may be fewer training in the near future or possibly just more on the Modular path.
However, the real story is the looming recession and it effects on airline hiring. Airlines tend to lead in and out of recessions.
The music *may* be about to stop...
WWW