PPRuNe Forums - View Single Post - Ctc £60.000 Bond
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Old 15th Dec 2004, 23:20
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busz
 
Join Date: Feb 2003
Location: Manchester, UK
Age: 39
Posts: 305
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The way the Wings scheme works is that if you are not pre-selected, like myself, you will most likely go into one of the partner airlines on dirct entry terms (and salary). Now, as flybe is one of the partner airlines and there starting salary is around 19k, it would be virtually impossible to survive paying the bond back at a rate of 1k per calendar month. So peeps like me get to refuse two airlines before they have to accept the third. Therefore i would decline flybe politely, and accept one of the other airlines. The bond comes out of taxed salary, and if my calculations are correct, if i join monarch for example on a starting salary of around 40k, i would end up with 17-20k after tax and bond deductions. Not too bad for a 21 yr old!

Hope this helps!!

Reagrds

Alex
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