Angel
You dont pay for your cv to be read. You dont pay to setup a company. They pay you when you start flying pax.You do pay for the rating, uniform, coffee and sim. Sim is deducted from your wages directly. After line training the rate is 60 euros per hour less 4.50 euros. So that would be 56.50. Then its 70.50 less 4.50 then its 78 euros less 4.50. On average cadets do between 600 and 700 hours a year. And guess what they are payed for those hours. Imagine that!
Not the best deal that was ever put on the table but a million miles from these OTHER by definition "PAY TO FLY pax SCHEMES"
P.S. By the time all the taxes are claimed back for the type rating it ends costing in the region 14. When the company is setup the cadet is immediately entitled to 5 and half k back( does not apply if type rating is done in Swedan because of no vat and the Dutch authorities take their time sorting that out if you have done training in Holland I believe). The rest of the rating is claimed as a company expense and you get half of it back as tax relief. Tea bags, uniform, can be included too. Not ideal but just about workable.
Last edited by go around flaps15; 11th Jan 2010 at 15:36.