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Old 26th Jan 2010, 10:14
  #8 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
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My rough calculations suggest that if you were to go the CTC route into easyJet you would take home on an average month for the whole year about £1,800 but your monthly loan repayment would be around £1,200.

You'd be living on £600 a month. You'd have A320 time in your logbook. But you'd be living on less than a grand a month for the first three years and who knows if you'd get a permanent job or merely be replaced by another person waiting to write a fat cheque for the type rating?

Both Ryanair and easyJet stop expanding their fleet by 2013 under current plans made public. No expansion means they only need a trickle of new FO's to replace those promoted to Captain who replaced those who retire or lose their medical each year.

The boom years are over.

Adjust your expectations, plans and budgets accordingly.

ps Feel free to post your training expenditure breakdowns on this thread - it reinforced the point and makes for an interesting and useful sticky.
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