PPRuNe Forums - View Single Post - Banks and loans - credit crisis?
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Old 14th Aug 2007, 12:21
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chris-squire
 
Join Date: Nov 2003
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the saga continues . . .. .

Barclays have now also refused the application unless it can be paid back during training, which is basically impossible.

They are happy with my crudentials as far as actually being able to pay back the loan (with the help of my fathers business) should I not be able to get a flying job but with the banks tightening up after months of bad publicity it looks like bleak time ahead for any new wanabee's.

For you guys who are currently training...all I can say is keep your heads up, jobs are bound to appear again, Tourism is officially the fastest growing industry in the world and has been for some years. Being an Accountant I even went through the Consolodated Profit and Loss figures with the bank and showed that the vast majority of Airlines (Passenger and Cargo) are reporting consistent growth in profits year on year, whilst this continues they will only expand and order new aircraft.
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