Reality 09/2008 till .....?
A friend of mine is one of 22 EJ CTC cadets who have been told to pack their bags - the 6 months of £1000 CTC "salary" after type rating is coming to an end and eJ are not taking them on full time as FOs.
So after the full course and some £100k expenditure at least they will have 300 to 400 hrs on type and a transferable license ( not MPL !) but with low total time who in EU will hire them in this economic climate? And who will pay the rent let alone interest on their loans?
I wish them all success in securing flying jobs again soon. But wanabees be fully aware before you sign up for these schemes - like the old financial markets advertising - share prices go DOWN as well as UP !