Zero to Holding Pool - How much the modular route cost me
I just thought that some of you would be interested to know how much the modular route cost me.
March 2002 - 45hour PPL Course with Solent Flight Southampton £6885
April 2002 - Class 2 Medical £150
Nov 2002 - CAA Licence issue fee £143
I completed my PPL in 45 hours so total was £7178 plus 2 landings at Bristol and 2 landings at Exeter.
Jan 03 - 5 hours Night Training £700
Jan 03 - CAA Licence issue fee £64
Jan 03 - Initial Class 1 Medical £430 (plus travelling costs)
May 03 - Enroled with Bristol Ground School. Module 1 £1100
Oct 03 - IMC Course (Not required, but good to have) £2558
Oct 03 - IMC Test £163
Oct 03 - CAA Licence Issue fee £67
Mar 04 - Module One exam Fees (8 exams) £440
Mar 04 - 2 weeks Bristol B & B (Approx) £350 (plus travel costs)
Mar 04 - 1 week Gatwick B & B (Approx) £150 (plus travel costs)
Mar 04 - Bristol Module 2 £800
May 04 – Multi Engine Rating & Test, Professional Air Training, Bournemouth £2885
May 04 – CAA Licence issue £70
Oct 04 - Module Two exam Fees (6 exams) £330
Oct 04 - 2 weeks Bristol B & B (Approx) £350 (plus travel costs)
Oct 04 - 1 week Gatwick B & B (Approx) £150 (plus travel costs)
Dec 04 – Started Instrument Rating 55hr course, Professional Air Training, Bournemouth
Jan 05 – Class 1 Medical Renewal £70
Jan 05 – Passed Instrument Rating with 56 hours training plus 2 tests, £15515
Jan 05 – CAA Test Fee £1063 (Partialled on first attempt)
Jan 05 – Started CPL 15 hour course (Multi Engine), PAT, Bournemouth
Feb 05 – Passed CPL with 15 hours training plus 2 tests, £5579
Feb 05 - CAA Test Fee £1063 (Partialled on first attempt)
Mar 05 – CAA Licence Issue - £194
May 05 – MEP Renewal £336
Jun 05 – MCC with Jetlinx on the A320 £3500
Jan 06 – IR Renewal, PAT, Bournemouth £820
Jan 06 – Class 1 Medical Renewal £104
Apr 06 – CTC Stage 2 £164
May 06 – MEP Renewal, PAT, Bournemouth £603
Jun 06 – CTC Stage 4 (AQC Course) £6691
Now swimming in CTC's Holding Pool, Total Cost of Training is £53489. but……………..
That figure is only for the training.
Hour building / Pleasure flying is:
PA28, Warrior, Arrow and Archer hire from passing my PPL to date is £12599
BE76 hire from passing my MEP to date is £2830
Total Rental £15429
So the total cost of achieving fATPL, with 245 hours was £68918.
A lot of the rental figure was shared by the people I took with me. At a guess I would think I probably got back about £5000 by sharing rental costs.
I didn’t choose the cheapest way, there are ways that this figure could have been reduced.
1) No requirement to do an IMC (However it was good preparation for the IR and probably helped me pass the test with the minimal IR training hours)
2) No requirement to renew class 1 medical until you need it for a job
3) Didn’t need to do an MCC because the CTC course covers that requirement (However would I have passed the CTC course without the 20hours and superb training I received with Jetlinx??)
4) The CPL could have been done in a Single Engine Aircraft.
5) I could have done the hour building in the states (That would have meant time off work, air fares and no friends to share the cost)
6) The MEP could have been done as part of the IR
It’s worth looking at these prices and comparing them to the figures that people are quoting for taking the modular route.
Of course if you were to go the integrated route with a school that has an arrangement with an airline and you meet the required standard you are home and dry for a similar sum of money.
If however, you take the integrated route and do not go straight into an airline job you will still have to pay for renewals, CTC (If that’s the way you wish to go) and flying hours to keep yourself marketable.
Food for thought
SW