Originally Posted by
Officer Kite
Well I for one think this is the best news since Concorde.
Let's hope gone are the days of the CTC/FTE/OAA mafia. This business needs somewhat of a revolution at its very core.
The EZY MPL course for example a few years back was in the region of 84k, in less than 5 years it has become 126k. Lunacy.
Supply and demand. They will be forced to change if people can no longer borrow 130k. 'They' is both the training schools and airlines collectively.
I make no apologies if I sound controversial, I'm willing to bet that most of any experience will be secretly happy, even ex BBVA customers.
Be careful what you wish for. L3/CAE/et al are not charities. Costs are being driven higher by factors outside their control. Less volumn will equate to even higher costs. Far lower volumns, then the will leave that market and concentrate on other markets.