Can anyone comment on whether 28k for the type rating is 'competitive.'
From what I've read (I could be wrong)
In the past
1) A wannabe pays CTC over £70k to be trained
2) The cadet is placed with EZY and paid 1k a month for 6 months
3) Is then taken on permanently
4) EZY pay CTC 28k for the cadet/type rating cost
Then the flexi contract came in last year; so then
2) The cadet works on a temp contract and is paid £x per hour
3) The cadet isn't taken on permanently
4) CTC never re-coup the cost for type rating.
And now, EZY have told CTC they're not willing to ever pay £28k for a cadet again. So...
2)The cadet works on a temp contract and is paid £x per hour
3)EZY pay CTC the 28k
4) The cadet pays EZY the 28k back over x years.
Surely if 28k is not a competitive rate for the cost of a type rating the initial cost of training needs to be cut.
i.e.
1) Cadet pays CTC 70k - 28k : 42k
2) Cadet is placed on temp contract with EZY
3) EZY pay CTC 28k
4) cadet pays EZY 28k back.
I won't hold my breath.