Be careful with that. Those 40hrs are part of the MCC course, and that's not a type rating. They can be done in a 737, a320... even on the smallest multi crew airplane sim like say a B1900c. MCC stands for Multiple Crew Cooperation, and according to JAR, is the requisite for operating any airplane that requires 2 or more pilots. Added to an Instrument Rating, is what you need prior to getting a type rating.
Now, having a type rating is what would "legally" mean to be airline ready (and still you would have restrictions before completing line training). Consider that a type rating alone is about 20.000 euros now a days. For the 70 grand that you pay a flight school, what you get is CPL+ME+IR plus frozen ATPL, and an MCC. Your frozen ATPL would be "activated" into ATPL, once you complete 1500 hours and an flight exam (if im not wrong). And only then you would be able to be a captain.
G'day Aeromar28
Yes I know that not type rating, I though they were few weeks agoo.. but oh well we all learn thats why I come here to talk to people who know better than me, who been through it and know how it feels... so yeah I actually changed my mind and will do my study here in West Australia
Reason are..
A- Financially AUS $ = 0.91C American
Instead of spending 80k Pounds i will spend about 50KAUS(45kUS) that is about 60% less... Plus I have my online business which I can operate while I study that will give me a return of about lets say 50% of the course cost ...
I do my course at the Royal Aero Club of WA
http://www.racwa.asn.au/ Will do Aviation diploma for 1 year that should get me a CPL at the end... after that I will do the ME CIR ( about 16k AUS) and Night rating(about 4k)
Course Info are here
http://www.racwa.asn.au/getfile.aspx...3&ObjectID=526
Course pricing here
http://www.racwa.asn.au/getfile.aspx...3&ObjectID=526
Total is 50+16+4= 70k at the same time I will have passive income from my online business for about 35-40k..
Tahir, I will stay here in Sunny WA (NO RENT COST) try to do the course with minimum cost.. so I could ahve more money when I finish the course..
QFcaptain Thanks man...