So, you guys pay 50% of it ( P1 mil ) and PAL or CP pays for the other half ?
Alteon is just a training company for Boeings and Airbus. They are not affiliated with any airline in terms of cadetships. They do the training of pilots for the airlines who are already employed.
Actually they charge like a wounded bull. A 734 endorsement with them will set you back nearly $30,000 and another company in Melbourne charges $20,000 only. It's actually more cheaper to go to Florida and get your type rating there.
By the way, is that a guaranteed placement with the airline after you graduate ? Seems to me a lot of money invested if you can't get in.
D6