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Old 31st Oct 2007, 14:15
  #12 (permalink)  
BitMoreRightRudder
 
Join Date: May 2004
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you get £84k of training free, hence making CTC a spnsored program
Mate you borrow 60K and give the whole lot to CTC. You then pay HSBC it all back, out of your salary. You most certainly do not get a full salary plus £1000 a month. It will come out of your salary and depending on the airline you end up with, the only difference will be whether you pay income tax on that £1000. At easyJet you do not, at BA and some others you do.

Be under no illusions, for the priviledge of training with CTC you will pay them 60k and you will pay at least 24k interest to HSBC, infact almost certainly more with interest rates what they are today. There is nothing sponsored about that, it is a mentored scheme, and a good one, but you pay handsomely for your training.

Trust me.
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