Point 2: If you're fortunate enough to have gone through FTOs such as CTC, OAA or FTEJerez then you're in a good position to get an airline job and pay back your loan due to their airline connections. A family friend of mine graduated from CTC in 2010, got a job with easyjet that year, bought a pretty big house and a brand new audi tt while his loan was payed out of his wages every month (almost £1200) and barely noticed it.
Not sure how this individual could afford the tax, insurance and petrol for his brand new Audi hairdressers car.
Then, the mortgage, insurance, gas, rates and electricity on his 'big' house, as a new start SO/ FO withe EZY!
Do the maths...
TrainingLoan £1200, car loan, say £350, Mortgage on that 'big' house, say £1,500
That's £3k a month in round figures after tax, thats around £45k a year before tax he has to earn before he pays council tax, gas, electricity etc etc etc, then, eat.
Now, given that the starting salary at EZY is between £38k and £45k he must be on a diet, not drive his brand new TT a lot and live in a very cold uninsured house with the bailiffs chasing him for council tax arrears!
Maybe he's a hairdresser on the side!
Bloody amazing the blind faith put in FTO's sales pitches and apocryphal stories!
It's tough and highly competitive out here, believe it, before you part with nearly £100k.
At least with the BA scheme there's a job at the end of it for the majority who will pass, and good luck to them.
I still maintain that paying to fly in what ever shape or form is wrong.
Look into it long and hard and read the often good advice often given here.
Anyway, the thread deviates somewhat, sorry!
Just read this and it's not very PC... for 'He' read 'He or She'....sorry ladies (and hairdressers)