Professional Pilot Training (includes ground studies)A forum for those on the steep path to that coveted professional licence. Whether studying for the written exams, training for the flight tests or building experience here's where you can hang out.
Flightglobal.com has just put up an article about five student pilots who graduated with frozen ATPLs and can't find jobs. Worth a read at Training to fly a desk
I read this in Flight International yesterday over France. I thought CTC got off very lightly. They are still selling the dream to new customers whilst in the background they have dozen and dozens and dozens and yet more dozens of ex-customers living a nightmare.
A nightmare where your crappy wages are swallowed by your loan repayments so you have to live with your parents and pretend you're 16 again.
Great read and very realistic.I was amzed although not surprised when the guy mentioned his flight traning buddies are working in a vast range of jobs-from working in the city to selling ice-creams!
WWW is right. But did you seriously expect him to say anything negative about CTC?
Why ever not? Is there a gagging clause in that contract where they handed over £65,000???
I do understand and empathise with their position though, any bad word against the silver tongued sales crowd down at Dibden could put pay to the already slim chances of CTC holding up their part of the "bargain" (obligatory duty in my opinion).
Very interesting read having personally trained through the same time period/scale as them, albeit not with CTC and (needless to say) for far less £.
It didn't seem to me that any of them were doing all that badly? I know of far less desirable positions from a number of my own course mates.
Lord Farquhar certainly seems to have landed on his feet and the fella acting f/o on Citations - not a bad little foot in the door.
You are right about CTC, yet the people I know have loans at 100k and don't even seemed phased by the fact that they will need to be on £30k just to pay off the minimum each month.
Maybe part of the CTC course (free for anyone paying more that £50k) is learning how to be so oblivious to the sheer amount of debt that they are getting themselves into.
I had a thought the other day. I wonder if when airlines do start recruiting, they are going to favour those with a more stable lifestyle?
Stable, home-owner, no debts, 2 cars and a dog.
vs
Struggling, bankrupt, zero credit rating, 1 bus pass and a starvin dog.
Its all so scary. I suppose I'm one of the lucky ones who has no aviation debt whatsoever,heavy commercial experience and just waiting for the up turn again. I'm driving buses/coaches at the moment,have a little flying to keep me ticking over and thought my situation was bad.
Just read the article and being in debt with around 75k is just frightening. With the interest too,it must exceed 100k. This is more than my mortgage.
As I've been roundly condemned for saying in the past - there are loads of Wannabes going bankrupt and shed loads more planning or going to be forced to. There are even two threads running on the private CTC forum about it (your defences are weak Dibden).
Its the only sensible thing to do. Owe £75k+ and scratching a living whilst living with parents and owning nothing = go bankrupt. You'd be certifiable not to.
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