Economic slowdown in the last month

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A380 Cockpit

Dear Trainees, Partners, Colleagues and Visitors,

due to the recent economic slowdown in the last month, there has been a decline in air travel, and the need for pilots has also decreased. However, pilot training is vital, as it is estimated that by 2010, the economy will pick up and pilot requirements will be on the rise again.

Despite the economic downturn, simulation spending is increasing and the reduction of flight hours are increasingly common, opting for higher hours in simulation.

Using simulators and training providers will incur less cost, making it easier for the training of new pilots to fill the gap, when economies around the world recover. Technology advancements have incorporated simulations to improve flight management skills rather than just traditional flying skills.

The airline industry at large may be going through turbulent times but the mid to long term prospects for the sector are strong. As the industry consolidates and rationalizes, training providers must continually adapt and reinvent themselves to stay viable and competitive. In the end, services that deliver exceptional value even in times of downsizing and cost-cutting will be the first to benefit from a recovery.

Subsequently we wish you and us good luck.

Dennis Pilz & Stefan Heuß

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