My reason of not applying, in part, is also the finance. Some will justify and even defend the amount for this scheme, and other schemes like it, hence the reason why TFly will not be short of applicants.
But if you compare the total cost of this scheme with some of the modular fATPL quotes I have personally received, this price seems ludicrous. As female wannabe pointed out, the interest on the loan would just about cover the modular fATPL!
But...each to his/her own. As I said before, good luck to all the applicants.
eP