Durn-
ford.
Training payment thingy is:
bmibaby Self Sponsorship Type Rating Scheme
Any pilot requiring type rating will be required to reimburse the company for the cost of the appropriate course. The courses available will vary, from time to time, however the current options are a) full conversion course, and b) -200 to -300/800 differences course. The principle is that an initial up front payment will be made prior to commencing the course, followed by a monthly contribution from salary (after tax and other deductions) until the outstanding amount has been repaid. If a pilot leaves the company's employment prior to repaying the full amount owed, their final salary payment will be withheld until funds have been deposited and cleared to repay the outstanding amount.
The current course details are as follows:
a) Full Conversion
£15000 - £3000 up front, followed by 36 monthly payments of £333.33
b) -200 to -300/800 Difference Course
£9000 - £2000 up front, followed by 21 monthly payments of £333.33
The cost of such a scheme is subject to change at any time.