I was under the impression that the CTC guys initially forked out £6K and are then placed with an airline who pay them £1K/ month for six months.........in effect working for free.
I for one could not possibly forgo my salery for half the year + a training period, therefore Ive been beaten to the job by a First Officer who is prepared to pay for the privilege.
I am in the lucky position of already working on a jet. However my employer has historically paid less than industry average which explains why I applied to Brits.
CTC now supply Britannia, Monarch and easyJet that I know of....if this situation spreads further through the industry then its lower pay and conditions for everbody in the end.