JT8,
Number One: Don't under any circumstances call British European, B.E.A or B.E. It's not Airlines or Airways, just British European!!
Right, I'm off my soapbox now......
Great sponsorship if you wanna be had over a barrel by Cabair, I went along many moons-ago to the very first Jersey European Airways/Cabair Sponsorship initial examination. I was really p****d off at paying them nearly £70 for some photocopied A-Level exam (maths) papers and a luke warm cuppa and then after all that seen by Capt. Hoy to be asked ...."can you get hold of £20K...?" in a very matter of fact way.
go for it if you want but ask plenty of peoples advice before you leap!!!
Best of Luck
P.S I used to work for the company (British European that is!!)
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Watch Out....
To Err is Human....
To Forgive is not Company policy...!