PPRuNe Forums - View Single Post - Is Schofields Flying Club Bankstown in financial trouble?.
Old 13th Jul 2019, 04:40
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Clare Prop
 
Join Date: Oct 2005
Location: Australia
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However healthy the flying school may or may not be, payment in advance for flying training is very risky indeed and I doubt they are paying you an interest rate that makes that risk worthwhile. (A discount is worthless if you are an unsecured creditor should the worst case scenario happen). I would advise paying as you go along, wherever you are learning to fly and hoping for the best.

Last edited by Clare Prop; 13th Jul 2019 at 05:21.
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