Originally Posted by
Spid
Its frightening to give up 60 to 100k Euros to a flight school up front.
How should a payment be, for it to be secured and do not lose the money if things go wrong?
What terms should I look in a flight school before paying such amount? How much should I pay before starting the course, and after starting?
Thank you
The thought of paying such an amount up front at once would fill me with abject horror.
This is simply wrong. There is something terribly troubling about an organisation financial state if they require such large payment at the start of training. They are also niave to think that the punter, even those with limited intelligence, would contemplate such a move.
Sure staged payments in advance of training is perfectly normal. Take a copy of the contract to a lawyer and ask as to 'threat & error" which are apparent.
Why not research what payments "the big three" ask from their whitetail customers.
If ground school is completed before any flying, then the progress payments will increase during the course, as the expensive part is not the EASA exams.
Due diligence is critical if SCAMS are to be avoided. Where large discounts are offered for advanced payments, don't be gullible. Negotiate your own terms & conditions. You must be prepared to loose a month's payment if you choose unwisely.