The loan is provided by HSBC for £60,000, they also offer a 'living expenses' loan for £5000. When you are employed by the airline after, say 2 years of training, your loan is paid back at £1000 per month from your salary. Effectively you start on a salary £12k lower than 'normal' for 7 years.
It would be interesting to know if they are tax free repayment (money deducted at source from wages)? This effectively makes the course over 20% cheaper than taking out a standard loan with another FTO by my reasoning.