I'm informed that those cadets who had made upfront payments to BCFT were reimbursed ahead of the school's closure, further underlining its reputation of integrity. I feel especially sorry for the instructors, ops staff and management, given there is no other commercial ATO in the area, meaning they'll have to relocate or resign themselves to lengthy commutes if they want to remain in the industry. However, they have also been treated honourably, I'm told, with severence packages provided. It's a sad indictment of the industry (and modern business practice in general) that BCFT's conduct appears to be an exception rather than the rule.