Cabair are not the only ones. Take a look at some of the independent schools around London. For example one of the two major clubs at Booker (not the one which paints its aircraft with funny tails) charges over £130 an hour for a clapped out C152 with mould on the roof. Don't even ask how much of that goes to the instructor. Just remember that they are VERY LUCKY to be allowed to fly the aircraft to build hours on the way to their airline job...
Someone said to me the other day that the only reason Cabair have done so well in the past is that they have a supply of virtually free instructors through the airline sponsorship scheme.
Never flown with Cabair.. Any feedback on quality of service, availability of a/c etc?