http://www.caa.co.uk/docs/175/Flight...rch%202010.pdf
There were 1287 cpls issued last year and 20 of that is 1.5% which sounds not alot.
But when you look at that type of training
Oxford can likely manage about 25-30 a month. Call it 300 a year
FTE 20-25 a month Call it 250 a year.
CTC 20-25 another 250
Cabair wanted 100 this year to survive but could have taken 200
Which is 20% of the capacity for that type of zero to hero training.
There is obviously a new start coming along which has forcast that they can make a go of it in the current market.
The fact is Oxford arn't running anywhere near capacity and neither are FTE or CTC even when cabair were taking next to nothing off them. I doudt very much if any of them are over 60% capacity.
There really isn't enough customers for that particular product type. The modualr trainers are in a similar situation but don't suffer the same large overheads that the big boys do.