Grass strip basher
31st Jan 2006, 16:20
A thought for the day....
Rough number of 200 hr fATPL pilots BA need/hire a year = 150
Price of putting them through integrated training = £8mn (assume £55k per cadet)
Price of type ratings = £3mn (assumes £20k per cadet)
Price of training costs of cadets per annum from scratch = £11mn
Price as a % of BA's cost base = 0.2%
Value in terms of goodwill, brand, loyalty of new pilots = Priceless
Food for thought for the accountants who know the price of everything and the value of nothing.
;)
Rough number of 200 hr fATPL pilots BA need/hire a year = 150
Price of putting them through integrated training = £8mn (assume £55k per cadet)
Price of type ratings = £3mn (assumes £20k per cadet)
Price of training costs of cadets per annum from scratch = £11mn
Price as a % of BA's cost base = 0.2%
Value in terms of goodwill, brand, loyalty of new pilots = Priceless
Food for thought for the accountants who know the price of everything and the value of nothing.
;)