After reading through a lot of posts the general feeling I have about getting into pilot training through an FTO is not a good one and seems very risky when it comes to looking at it financially if taking a loan is your option. I have the fantastic opportunity to begin training with CTC wings on their wings cadet course starting in september. However I am currently looking into securing a loan etc, but I am really unsure as whether to accept this offer, due to the uncertainty of being placed with an airline after completing training. My biggest worry is not being able to repay the loan and risk losing my parents house which is clearly not an option!! Is there anyone out there that has any realistic information on the chances of getting placed with an airline and not being left to drown in the holding pool ???
Any sort of advice would be highly appreciated.