PPRuNe Forums - View Single Post - The CTC Wings (Cadets) Thread - Part 2.
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Old 5th Sep 2009, 15:35
  #3177 (permalink)  
Day_Dreamer
 
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The reason CTC is still trying to attract cadets is simple :- The answer is that they have over stretched themselves and desperately need the cash flow.
While several years ago their product fitted into market requirements, now in a down turn they are struggling to survive.

Over other schools their selling point was near 100% employment after completion of their modular style course.
Today they do not have that edge, in fact there is more hot air coming from CTC than anything else, their get rich quick schemes are falling apart as quickly as their holding pool is filling up.

The main schools FTE, OAA will survive as their financial state is more secure than CTC so anyone looking at an integrated course should consider FTE or OAA.

The market is currently saturated with pilots, experienced and fATPL but in about 18 months this glut will have cleared and cadet jobs will be opening up again, so plan to finish your course about that time.

Unless CTC find a new way to attract investment and improve cash flow they wont be around to see the upturn.
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