Perhaps the emphasis in your post should have been placed as follows?
They'll both charge you around 85k for the privilege, and offer you ABSOLUTELY ZERO BETTER Job prospects at the end as any other FTO around, apart from a Cadet-ship.
is rather the point.
I appreciate from your previous postings that an airline cadetship isn't something you are interested in, but for many people it is. Most of these programmes are tied into specific schools. For example the British airways
FPP programme is tied to these 3 integrated schools only!
. Most of the other airline cadet programmes are tied to one or other of the same "big 3."
First tier Airline employment at this level of relative experience is usually through one of these cadet programmes. The idea that such airlines are tripping over themselves to employ new CPL/IR holders (other than through their cadet schemes) is simply erroneous. We source cadets through these recognised programmes, as do most of the other airlines with similar programmes. We also source experienced pilots with relevant experience (quality airline background and significant levels of both total and turbine experience.) We also select military pilots changing careers.
The cadet programmes are a fast track
career path. The career path through the "experience" route is long, littered with bodies, and frought with its own difficulties and crowds. For the lucky few, the timescale through to the experience levels required (in our case) represents around £300,000+, of earnings that the succesful cadet
would have amassed over the same period. The timescale I have used is 60 months.
There are many schools offering training courses for a licence, and they have many customers. They are undoubtably "more affordable" in most cases. However just as with the "big 3" they are all businesses. In business to make a profit and grow. I have said it many times before, but if your goal is simply the cheapest acquisition of a CPL/IR then shop around. The choice is vast.
If your goal is a shot at a fast track
airline career, through a cadet programme, then the choice is very limited. It is also in many cases more expensive.
In the last 18 months we have recruited around 35 cadets with about as many likely to be taken on in the next 6 months. The existing recruits are all on full time employment contracts. After Mr Osborne has had his cut, they should all take home around £200,000 over the next 60 months. Spending around 40% (including tax breaks) of that take home pay on their training cost commitments, they can (if they elect to do so) amortize the entire debt in that same 60 months. At the end of that 5 year period they also have around 4000 hours of jet experience and the basic requisites for command consideration.
Obviously this is a spectrum, and I am highlighting the relatively pretty end of that spectrum. There are far worse deals, to be found without travelling too far down that spectrum. Just as importantly, there are never any guarantees of anything. All of us are never more than one pay cheque away from potential unemployment, and great caution should be given to the realities of this industry.
I have been watching these forums for 13 years or so, and have been flying with cadets for longer than that. In all likelyhood there are people reading these forums with not an hour to their names, who will be flying airliners 18-24 months from now. There will also be a lot of people who currently hold a CPL/IR now, who in 24 months from now will still be on these forums bemoaning the realities that they simply chose to ignore, discusssing their lapsed ratings, dearth of opportunity, Indonesian type ratings, the eternal unfairness of it all, etc.etc.
I spent a good few months researching and I found there are hundreds of other FTO's out there offering quality and affordable 0-fATPL training in the structure of both Modular & Integrated.
Yes, with thousands and thousands of young hopefuls believing they can then jump straight into the right seat of an A320 or 737. As a percentage very, very, few will. With the established cadet programmes, very few won't.
Based on the realities of the marketplace for young low houred wannabes,
my advice is if you have the ability, financial resources, and can stomach the risk, work towards a cadetship with one of the recognised and established programmes. If you cannot, then the choices are many and varied, but the opportunities are almost always going to be few and far between, and competitively fought over by thousands and thousands of hopefulls just like yourself. If you think otherwise, just read these forums, and read last years contributions, and the years before, and the years before that, and the years before that. Read contributions from the last decade, and the decade before that, and......