Lets just clarify the process of the scheme
By way of finance...
'Airline Placement Limited (APL), a wholly owned subsidiary of CTC Aviation, will part-sponsor your MPL training. The total funding requirement for the CTC WINGS MPL Route in partnership with easyJet is £109,000. You deposit a ‘security bond’ of £69,000 to secure your place on the course. This security bond is deposited in 13 instalments over the period of training and is held by APL until your employment with easyJet. During the period of employment by ARL, the £69,000 security bond you deposited during MPL training will continue to be held by APL until you are employed by easyJet.
easyJet will, in turn, repay the £69,000 bond to you in monthly instalments over a period of seven years in addition to the salary commensurate with experience.
Heres the issue...
You will be required to pay two MPL Training Fees. The first Fee totals £20,800 and is payable before you travel to NZ or USA to commence flight training. The second Fee is due prior to the Advanced Phase of the course and totals £19,200'.
Is this a separate cost?
Now, regarding employment...
'easyJet also continues to select from our Airline Placement Pool of CTC WINGS Integrated ATPL "white tail" graduate pilots which is always open for applications
Generally airlines will make a ‘conditional’ offer of employment prior to the commencement of training and pilots will be employed by the airline on completion of Advanced Phase 4 of training.
On commencement of Line Operations you will be offered a three year renewable contract to fly as a First Officer for easyJet through CTC FlexiCrew. After 12 months flying as a CTC FlexiCrew pilot, you will be eligible to apply for a permanent position of employment with easyJet.
Pilots operating as a CTC FlexiCrew pilot with easyJet can expect to operate, but cannot be guaranteed, a minimum of 750 flying hours in any one 365 day period.
In reality, one pays c.£109k to be rostered out to a recruitment agency, then if it suits the employer (easyJet) you may be brought into their stable after 3 years? Would I be correct in my assumption?
- All cited material sourced from CTC website -