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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.


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Old 3rd Feb 2010, 18:56   #41 (permalink)
 
Join Date: Nov 2008
Location: uk
Posts: 36
WWW - you talked about FO's at EZY earning 1800 a month but having to repay loans + interest and so are living off of 600 a month, my question is if someone was lucky enough to get there and be debt free do you think it is a viable and productive route to becoming a good pilot? Would you take this route if you were starting out again now and had the money spare?

I was planning on postponing my training for a while but last month i was lucky enough to win a poker tournament for $138,000 and so now im thinking ill go for it as i can afford to not get employed the month i graduate. Thats not to say im gonna waste money i still will be going modular but i think my situation is a little more fortunate than others
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Old 3rd Feb 2010, 19:59   #42 (permalink)
 
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haha brilliant,

Quote:
last month i was lucky enough to win a poker tournament for $138,000
............ You got to know when to hold'em, know when to fold'em
b.a. Baracus is offline   Reply
Old 4th Feb 2010, 11:52   #43 (permalink)
 
Join Date: Dec 2003
Location: Berkshire
Age: 37
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Surely if your going to compare prices then its the amount you would pay back on a loan not what you borrow. How much does the integrated course cost then?

If you work whilst doing modular and earn a good enough salary then compared to doing a year full time integrated you may even make a profit!
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Old 4th Feb 2010, 14:35   #44 (permalink)
v6g
 
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Quote:
Originally Posted by Prophead
Surely if your going to compare prices then its the amount you would pay back on a loan not what you borrow. How much does the integrated course cost then?
Depends on loan terms & interest rate but it's around the 140,000 mark. When I looked at it, I also considered the fact that it would be paid back with earnings net of marginal tax - in which case integrated costs around the quarter-million-pound point in future earnings.

Ok, so my calculation didn't allow for inflation - but whichever way you look at it, a quarter of a million pounds for a 40,000 license is dumbfoundingly crazy.

Last edited by v6g; 4th Feb 2010 at 14:51.
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Old 6th Feb 2010, 13:59   #45 (permalink)
 
Join Date: May 2003
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Quote:
If you work whilst doing modular and earn a good enough salary then compared to doing a year full time integrated you may even make a profit!
Correct, and I'm not skint either I live a very nice lifestyle
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Old 7th Feb 2010, 07:38   #46 (permalink)
 
Join Date: Apr 2008
Location: World
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Even though we have all agreed that modular training is far cheaper than integrated training, everyone makes their own decisions based on what makes them feel safer and more satisfied at the end of the day. However standards differ from country to country. In my country they really couldn't care less where or what training you did. If you meet the requirements they call you in for an interview (if they are hiring) and if you perform to their standards during the assessments you get the job. Speaking with a few captains who are very close to me from a UK airline and from a Greek airline, they all say the same thing: You can never tell a difference between an integrated pilot or modular. Some fo's theyve flown with from the integrated path have had very poor knowledge and flying skills, and others have been top notch. Same goes for modular pilots. And I have a friend who went to one of the big boys for integrated training, and failed an airline assessment 3 times!!! And yes he passed everything first time.

In terms of how good a pilot you become has everything to do with you as a person and the effort and work you put in it. However in some countries, like the UK, if you havent done your training at one of the big boys, you are looked down upon from the airlines or not given an equal shot at a job. This is the airlines decision and nothing anyone can do about it. From the moment that you are not assured a job by giving your loot to an integrated school why do it????
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Old 20th Feb 2010, 11:17   #47 (permalink)
 
Join Date: Mar 2009
Location: In the thoughts of who loves me
Age: 21
Posts: 943
I think too that the modular provides you more experience and more hours of flight, and so I'm going to start with the modular within the next 2 years.
The school is in Australia, it is the MFS, and I'll post the prices in .

PPL 6800
HB 40 hrs 4720 (PA28 118 x 40 hrs)
IR 8700
ME 1650
Night Rating 2300
HB 25 hrs 2950 (PA28 118 x 25 hrs)
CPL 16300
ATPL frozen 1700
theory courses (not ATPL) 3410

TOTAL (housing not included) about 48600

Is this too much?
I'd like to become a Flight Instructor too, and it costs 8200.
I need some opinions from you expert boys

The licences are all CASA, then, in one next time, I'll convert it to JAA, also if I'd like to stay in Australia for ever.
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Old 2nd Mar 2010, 11:40   #48 (permalink)
 
Join Date: Jun 2006
Location: WORLD
Age: 34
Posts: 155
I did :

ppl 55h ( a very long and mass up school in Milan) 10 000 euri

100 h XC ( of course in florida on pa28 ) 15 000 dollars ( with house) school was florida flyers

IR/MEP at topfly accademy in Barcelona 12500 euri 30h plane and 30 h multi simulator

CPL in greece 4000 euri with final check

on top I spent 35000-36000 euri.( i still have to do my mcc, i think to do it at european skybus in UK 2100 euri) anyway all first time pass! I don t understand people spending 80 000 for the same hours thinking they school is the best one becasue it gets so much money from them.

make it smart! all money saved for type rating and these bloody line training program
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Old 4th Mar 2010, 21:01   #49 (permalink)
 
Join Date: Feb 2010
Location: Gloucestershire
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Hi guys, new to the forum (first post)
I'm in no position of authority from which to comment, but I've been around and doing the research for long enough to agree totally that as far as money goes, theres really no contest. thing is, with the industry as it is, no matter which way you go, is one more likely to lead to a place in the right hand seat of ANY aircraft, be it Jet/TP/(Other?!)
I suspect not but it's a question I couldn't help but raise.
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Old 5th Mar 2010, 09:39   #50 (permalink)
 
Join Date: Jan 2007
Location: EU
Posts: 1,056
What's more: Modular is simply MUCH more fun!

At no other time in your life will you be able to assign a massive 5000-10000 to the joys of simply flying around the UK or somewhere interesting abroad of your choice, with your mates, eating bacon butties and gaining untold experience, all in the name of essential 'training'!

I wish I could do it all again!
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Old 5th Mar 2010, 10:00   #51 (permalink)
 
Join Date: Sep 2005
Location: UK
Posts: 373
So True mikehotel!

I maybe able to do some of my hours on the fantastic chipmunk, you would get that at the OAA sausage factory! They dont know what they are missing!
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Old 5th Mar 2010, 11:43   #52 (permalink)
 
Join Date: Oct 2007
Location: Salford Lads Club
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Good point indeed that Mike, flying round Florida or wherever for the "$100 burger" (invariably refuelling at Lake Okeechobee and popping in to see mates at the skydiving centre etc etc) just because you can, loved it. The flying that is, the burger wasn't bad either. Yep, agreed, I miss that too.
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Old 5th Mar 2010, 15:55   #53 (permalink)
 
Join Date: Mar 2010
Location: England
Age: 20
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I am about to do my A-levels in maths n' physics. During this time i will be saving for my PPL, most palces are asking for 6599 which is not a problem. Getting the CPL is the hardest bit as there are money implications.

Just a quick question, how many sponsored CPL go every year on average? Would it be better to finacially plan how I will get my CPL or shall i do it in chunks saving and spending on courses?

Lastly, what sort of jobs do you do when your earning money, i am looking at unskilled work right now.. Problem is that isnt a big money earner.. what sort of jobs did you do or did you take out loans?..
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Old 5th Mar 2010, 18:16   #54 (permalink)
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Ben. Don't do the PPL. To keep it current will cost you thousands. You're way way too young to be thinking about professional pilots training unless your Dad is already and airline Captain with a Porsche in the garage. Aim to start flying training when you're, oooh, 23 and have save some cash. By that time the industry will have improved and you might stand a slim chance of getting a job.

Right now. At 16. With not much money. Forget it.


WWW
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Old 5th Mar 2010, 19:31   #55 (permalink)
 
Join Date: Dec 2008
Location: Planet earth
Posts: 98
While I agree this lad will have to spend money keeping current - did you ever consider that he might just enjoy it at the time - or even find out whether flying is for him?? At the very least I'd suggest a trial lesson. There's no need to be so consistently negative, particularly in this annoying style. Of short emphasising sentences. There really isn't.
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Old 7th Mar 2010, 00:56   #56 (permalink)
 
Join Date: Jul 2009
Location: UK
Age: 28
Posts: 17
benPetrarca:

If you want to start flying for the experience and shear fun of it then I suggest you try gliding. The low cost and social/volunteer side of it will really get you meeting the right people and immerse yourself in the world of flying. Many glider pilots are ex-RAF or airline pilots who can offer a wealth of information and tips, both on the industry and flying itself.

I'm 24 years old and spent 5 years flying gliders in the UK before coming out to do my PPL here on South Island in New Zealand. The experience I gained through gliding has been priceless (literally, we charged most of it to our university's union ), and allowed me to sail through the PPL course with enough time to build up the remaining required hours doing cross-countries around this beautiful country. I'm hoping to take myself all the way to ATPL and the airlines when I return to the UK in summer, but the greatest feeling in the world at the moment is being able to take it one step at a time with enough space to breath and enjoy it too.

Check out the British Gliding Association (BGA) website Welcome to the British Gliding Association, or their junior section Junior Gliding - the most fun you can have in the sky for more information.

Plus i think they do a sponsorship each year for people around your age, so you might be able to do it for free! It really is a beautiful way to fly.
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Old 21st Mar 2010, 23:47   #57 (permalink)
 
Join Date: Jun 2008
Location: UK
Posts: 63
Here's a link to Cabair's Modular prices..

I was accepted to their Integrated course but I'm increasingly tempted by modular because of the price..

What do people think of these prices?

Download Cabair Career Pilot Brochures

37,500 +vat or
47,500 no vat
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Old 23rd Mar 2010, 20:44   #58 (permalink)
 
Join Date: Dec 2003
Location: Berkshire
Age: 37
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If someone has managed to save either 67000 or 50000 then they are probably earning more in their current job than they would as an FO.
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Old 24th Mar 2010, 11:15   #59 (permalink)
 
Join Date: Jan 2010
Location: London
Posts: 137
Prophead, not if you dont go out and spend your money wisely. I`m working towards being a pilot, have been a Personal Trainer for the last 3 years live in London which isn`t cheap, have done PPL, paid for ATPL and have 20K + saved ready for CPL,IR,ME and MCC, and my average salary over those last 3 years has been 23K before tax!!! Prior to that in the military which pays sod all.
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Old 24th Mar 2010, 19:05   #60 (permalink)
 
Join Date: Mar 2010
Location: Ireland
Age: 26
Posts: 99
My god this opens up alot doors, not a hope will i go near a school now. i got the break down

ppl - half paid up front and the remainding paid half way through. 10635. half + half



Night Rating - upfront payment required. 1200



ATPL - upfront payment required. theory 3700



Hour Building - Pay as you go or pay for ten hours and get one hour free. 100 x155. 15500



Multi Engine - upfront payment required. 3195



Cpl - Half paid up front and the remaining paid half way through. 9700



ME-IR - Half paid up front and the remaining paid half way through. 15999



total 59925
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