PPRuNe Forums - View Single Post - funding towards ATPL
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Old 30th Sep 2002, 19:24
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niknak
niknak
 
Join Date: Dec 2001
Location: UK
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Beg, steal, but mostly borrow.

A few lucky ones are funded by parents/relatives, but the vast majority borrow from financial institutions using said parents/relatives as guarantors.

The even luckier ones get a place on a shared sponsership scheme with the airlines.
British European are advertising such positions in this weeks Flight, as were Britannia recently. Basically you have to have a good standard of education (I think at least 2 A -levels in Maths/sciences), a PPL and be under 26.
You invest £15K, they pay for the rest.
IF you make it through, you're then posted as a First Officer on any of the fellt which they consider you worthy of, and are bonded for a period of time. If you leave at any time before the bond expires, you will be liable to repay some, or even all of the course fees.

You should be aware that competition is very stiff and the courses very hard work, that said, it's a great way to get in to the business.

Best of luck.
niknak is offline