Thank you JamesD for the heads up. I did have a look at DayDreamers recent posts, and they do have a vast knowledge about integrated training courses, esp OAA, ryanair cadet scheme and likes to slate CTC;
Well I am biased, as I strongly believe in the OAA product
OAA have nearly full courses for 2008 with Netjets, Flybe, EPST to name a few customers.
Rumours that BA may enter the fray as well.
And there appears to be an endless supply of persons, prepared to pay the current prices.
There is a notice board at OAA with the names of those who have successfully obtained jobs, both via the Waypoint scheme and Integrated.
OAA, FTE, and Cabair will try their best to place students but if there are no jobs then it will take a couple of years to see an upturn.
Don't be sucked in by the CTC hype, there is no guarantee that they will do any better in the future than the other established training schools.
So DayDreamer, which part of the industry are you IN? Im in the airlines. It sounds like youre in the Flight Training Industry??
Back to your last post:
Aerospace, as i have said before put up the facts that you know
Here are some facts; if you read my post:
- Major economic world downturn
- Airlines gone bust: maxjet, XL, zoom...
- High oil prices
- Banking crisis means cash drying up for airlines to burn
- Airlines predicting losses this winter (Ryanair, BA...)
- Unpaid leave for pilots
- Airline employement frozen or suspended
- Holding pools either filling up or already full.
Now the last time something like this happened was Sept11 2001. Airline employment for low hour grads on a sustainable scale did not restore until 2004. So that was 3yrs recovery. So a lesson from history would suggest airline employment will not be back to where it has been for atleast another 3 years. DEFINATELY NOT the 15 months it takes to complete a training course.
Is it not obvious that undertaking training now is a very risky idea. Ive made it clear I'm not denying there wont be any jobs. Flybe obviously recruiting. But we are talking about such a small percentage of jobs to fight over for the 100's of fATPL holders already job searching; forget those just taking plunge right now.
IF you start training now: A small percentage of you will get a rhs FO job ~5%. A few of you will get jobs in corporate/air taxi etc. The MAJORITY will NOT get any aviation related jobs. You will spend a few years out of flying before the upturn, costing you to keep ratings current and trying to make yourself employable. You will be throwing money away!! While your colleagues who graduated after you can walk into jobs because of their skills currency and timing with the upturn.
offer constructive advice
I have. I'll repeat it again. Do not start training now. Wait atleast 1-2yrs. In the mean time either get a job and continue saving (can you afford a SSTR?) or go into education, get more qualifications. When the time comes that the job market is more bouyant, and you can actually see FTO grads getting jobs, then take the plunge. In 2yrs time if the airlines are desperate for students, as daydreamer suggests, maybe therell be more sponsorship or mentored schemes around. Which are clearly worth waiting around for in any case.
If you want to go in corporate or instructing then maybe now is a good time. I dont know. I have no knowledge of that sector.
Training Now represents an investment in the future.
Well, I believe you are wrong. I think you have a vested interest in those potential students reading this website, which I warned readers to in my last post.
Maybe starting training in late 2009 will be an OK decision. But right now it will cost you much heartache and money.