I sat down and worked this all out a few weeks ago when I heard about the scheme so here is what I came up with:
Payments to Air Asia: $10,000 for line training (1000hrs)
E21,900 for Type rating
E8,000 for base training (worst case)
Total sterling: £29,200 (XE converter)
Second officer Pay (after 500hours on type) 4,000 Rm/month X 5 months (to complete 1000hrs)
+ sector pay 45 Rm/sector
(4 sector days I would guess)
Total pay:24,500 Rm
equivalent to: £4,100
Living expenses 800 Rm/month for the cheaper closer place plus 200 Rm additionals for a time of 15 months (again a guess) 15,000 Rm total, equivalent to £3,000
Total expenditure: £32,200
Total earnings: £4,100 + A320 Type rating and 1000 hours on type
Nick