PPRuNe Forums - View Single Post - a couple of CTC questions
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Old 14th Apr 2009, 14:53
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PAJ
 
Join Date: Nov 2004
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Insurance can be arranged through Paul Jones Insurance Services, who are endorsed by CTC. They are brokers who understand the nature of the CTC scheme and are able to offer a 'resonably' priced insurance product. You can go elsewhere if you can find a better deal, but tell a broker you want cover for about £85k for flight training and most will declare you uninsurable, aviation specialists generally quote more. Unsure what the current prices are, but something in the region of £450 for the 2 years should about cover it. CTC seend out an info pack once offered a place with all the details.

Things are changing regarding placements/ jobs with partner airlines at the moment. Particularly with the largest partner airline, easyJet. The new Flexicrew scheme means effectively that you do not enter into a full time employment contract with easyJet, you just work for them on contract from CTC. When you work, the pay is highly competitive (after 6 months line training) - approx £3,400 per month plus sector pay but the nature of Flexicrew means that you will most likely only work in the busy summer season, therefore half that to cover 12 months salary, consider repayments then it actually becomes incredibly difficult to make repayments. If you manage to get a placement followed by a full employment contract, each airline offers a different package. Expect £1000 per month tax free to cover bond repayment, then typically £26k per year plus sector pay on top of that as taxable salary. Hope that helps
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