Yeah but they give you a £1,000 a month back from the bond you signed and never paid for - the bank did.
Lets say you paid £60,000 for your own training then £18,000 for your own type rating.
You owe £78,000 to the bank. You have not received any living allowance during training at your own expense so lets call it a cost of £83,000.
Now if easyJet took you on straight away they might pay you about £7,000 a year more than their own Cadet entry pilot. Thats gross so after 40% tax and NI its actually about £4,000 a year better off if you didn't get in via the sponsorship scheme.
£4,000 doesn't even dent the interest on your £83,000 training investment.
The sponsored entry easyJet FO is going to take home better money than a normal entry turboprop FO in the regionals...
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