PPRuNe Forums - View Single Post - Signs Pay2Fly is on the way out??
View Single Post
Old 1st Apr 2013, 21:16
  #2 (permalink)  
mdieker
 
Join Date: Aug 2001
Location: Amsterdam
Posts: 25
Likes: 0
Received 0 Likes on 0 Posts
credit drying up

Maybe it has something to do with the credit for flying training drying up, with so many pilots defaulting on their loan repayments. The banks are getting fed-up with this and are less willing to finance these programs as they don't lead to paid employment elsewhere.

Lets hope this trend continues.

Last edited by mdieker; 1st Apr 2013 at 21:18.
mdieker is offline