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quote: "In reality the Brookfield deal is not that great"
I have calculated the net profit for a cadet entering RYR on the self funded type rating, used 800 hrs x year has an avg, €15000 gross income during line training, the latest paydeals on both RYR contracts and brookfield & 2007-08 income tax in IRELAND and the UK.
1. net income after 20 months from base training assuming 3months on the training contract and then a RYR contract based in STANSTED: €58809,96
2. net income after 20 months from base training assuming 3months on training contract and then a BROOKFIELD contract based in DUBLIN: €72866.27
difference between the two: €14056.31
I know some of you may not be coming from the cadet scheme but I am and having a €30000 loan to pay off, brookfield seems to be a much better deal.
If there's anything I'm missing of why Brookfield is not a better deal please
explain me why...
Alex.