Originally Posted by
Veyron
Hello, Im planning on applying to the Cadet Programme, Does anyone know if whether it is partially or fully sponsored, and if it is partially. How much would be the full cost
Thanks
On the surface: It's a fully sponsored program, that means you don't have to make any down payments upfront.
The catch is:
A) You will given a training loan which amounts for
1 million hkd, and you will need to pay back by
providing services for a minimum period of 6 years. By then, the loan will just go away.
B) You
ARE NOT entitled to pilot allowance for the
first three years of your employment which total of
504,000hkd, that accounts for half of the training fees.
C)
No salary will be paid to you during a year long training. However, you will be given some allowance while you are trained in overseas.
Again. this is not a full salary!
C) Based on the current pay system, after you are offered a position as SO1, your monthly salary is dependent on the hours you flown, the more hours you fly, the more money you make, similar to the pay system as Flight Attendants.
(That's why they have pilots who deliberately taxing at a slow speed in order to bill more hours)
D) P2X is the flights hours created for cruise relief pilots. It is not internationally recognizable. If there are 2 SOs on the flight, your hours will be slashed by half. Refer to CAD54 if you wanted to know more.
E) No housing allowance will be given to you. You need to figure out how to make a living on a 33k ish salary in Hong Kong.
(Hence many SOs or even FOs have a second or third job)