Other companies such as BA have found a way around this but ezy couldn't give a stuff and the calibre will reflect this.
That's the key issue for me. We all know flight training is expensive and CTC are entitled to make a profit. But instead of EZY rolling over and letting cadets take all the burden, a simple loan guarantee would ensure the risk is spread and there are no financial barriers to applying. In turn, CTC wouldn't be able to hike prices year on year as EZY would be exposed to too much debt. If their own claims of a 35000+ salary from day 1 are accurate there's no risk of defaults anyway is there, so why not back the loans?
