PPRuNe Forums - View Single Post - The CTC Wings (Cadets) Thread - Part 2.
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Old 28th Aug 2008, 13:28
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PAJ
 
Join Date: Nov 2004
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Each airline has a different salary structure for cadets. EZ is the most often cited as they have always been the largest recruiter of Wings cadets, and the strucure from them is basically a salary (approx. £26k) with flight pay of £14.73 per sector, and then £1000 per month tax free to cover loan repayments. It's a net of around the £42k mark starting. Bear in mind that the bond repayments do cost more than the £1000 pm given, and it's all dependent on the current interet rate. Other airlines have similar repayment structures with a tax free bond repayment on top of salary and flight pay. Airlines such as the likes of BA do not give you a tax free bond repayment, but instead you go on the Direct Entry salary scale. There is not that much between each of the airline packages, and there are other benefits offered.
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