I have been on this forum for some, time undertaken a massive amount of research and have finally decided the self sponsored route in terms of risk is just too great.
I was willing to sell my flat and use the equity built up to fund the training, however: -
If I drop £35-45k modular – will I ever get that lump sum amount back, probably not, it would take my whole working life to save that amount again, even on a captains salary it would take forever, property has peaked may not happen again for a long time.
I will earn less than I earn now probably for 3-5 years (i.e. under £30k)
It could take a long time to land an Airline Position although now in my opinion is the best time to commence training.
I have been trying to understand if I really would like to fly an airliner and the only way I can get close has been to go and take some flights as a passenger, NYC, Vegas, Cyprus in the last 6 months – to be honest I have felt like crap after each flight, swollen body, gas, nose burn from Air Con – maybe its different on the deck.
You may also need to pay for a TR
Maybe I am just doom and gloom, but the reality is if you have the cash you can do the training. The best way to go for a 27 year old is straight to CTC Wings, ok you’ll be on £14k for the next 5 years but the risk vs reward graph looks a lot better. I might even have a cheeky go at that, depends on the air con burn from my next holiday flight.
S
