If you have cash now is the time to buy an airplane that's for sure.
Thats for sure. I really wish I could find some partners where I live to just go in on a 152, I need some hours!
I have about 250 hours, commercial rating with instrument, working on my CFI. Currently I'm taking a break from my CFI though because I was putting the training on a credit card and I really don't see any job opportunities anywhere near where I live for instructors. No reason to go into debt with no possibility of a job I figure.
Jobs for pilots with less than 1000 hours seem extremely difficult to find, less than 500 hours and it seems totally impossible. I'm literally willing to move anywhere and fly anything for just about any amount of pay, just to get hours in my log book, but I can't find anything. In one situation I even offered to fly a Light Sport in a commercial tow operation for FREE just to get hours, no dice.
It seems like right now in aviation I'm at the impossible hurdle, where I need at the least another 250 hours in my log book to even apply for entry level jobs, but with no obvious way to get those hours.
My advice for anyone wanting to make aviation a career, unless your parents are rich or you are getting a huge trust fund, forget about it. I don't see how its possible. I've spent my entire adult life trying to make it happen, and now all I have is 10 years experience working as a bike mechanic, a pitiful 250 hours in my log book, and not one real opportunity on the horizon.
