View Full Version : Will Schools get Cheaper
O'Leary dismisses future for regional airports and most European airlines - The Irish Times - Thu, Jul 17, 2008 (http://www.irishtimes.com/newspaper/ireland/2008/0717/1216073195101.html)
Irish Times article, Michael O'Leary of Ryanair says there will be only 5 major airlines in Europe in a couple of years.
Lots of news about airlines cutting staff and sectors etc.
Qantas cutting 1500 jobs.
So question is, will the down turn mean cheaper flight training (in Europe or USA) and ground schooling to those that are trying to get into it, because emand is not there.
Next question, is there any point starting now and forking out 100,000euro for frozen ATPL, consdering the reported state of industry.
Discuss!!
Suas
Mercenary Pilot
18th Jul 2008, 13:50
will the down turn mean cheaper flight training (in Europe or USA) and ground schooling to those that are trying to get into it, because emand is not there.
No. As more potential students realise that the salaries don't cover the investment, and loans/finance becomes near impossible to obtain, more schools will go bankrupt. Those that survive will have less competition so can charge what they want.
Next question, is there any point starting now and forking out 100,000euro for frozen ATPL, consdering the reported state of industry.
Done to death.
john.o.pilot
18th Jul 2008, 13:58
go for it mate, fork out 100,000 euros :ugh:
he is right, Ryanair will probably be taxed out of business.
Alex Whittingham
18th Jul 2008, 14:55
Will prices go down if there is a downturn? In modular flight training no, because there's quite a lot of competition for the premium FTOs from very small operators and from overseas and the margins are already small. For integrated training, which charges a premium price with higher margins but has a high barrier to entry, yes.
Integrated schools will once again try and move into the modular market to supplement their income. Some FTOs will go bust, particularly those in the US.
100,000 euros? I wouldn't. See advice from WWW, stay in employment and follow the modular route.
nich-av
19th Jul 2008, 05:38
For 100 000€, nota bene, 155 000$, I can get you a private astronaut's license and type-rating on the Space Shuttle.
10 hours of real flight time, 500 hours on a simulator.
"Interview with Vergen Galactic guarranteed."
Flight tickets to Cape Camaberal are not included.
Job prospects are excellent, I heard that MASA was about to produce 30 new Space Shuttles next year.
According to WWW though, house prices are dropping so badly because the gravity on earth is increasing by a factor of 4.6 and this increase of gravity will harm the market because the Space Shuttle's won't be able to take-off anymore as a result.
You can still train with the Soviets, pay half of that and be type-rated on the Soyuz. The best deal of this is that you can keep your job at McTonalt's Red Square in Moscow. 600 real flight time, 100 hours on simulator.
Cheaper training is on its way because more aggressive competitors are going to take a larger slice of the pie. That is if things stay as they are when JAA transfers everything to EASA.
Modular may drop, it depends on what EASA wants to do about it.(MPL/ total cost of training divided by 2 pilots?)
Integrated cost may rise, depends again on what EASA wants to do about it (the training in USA issue)
Ability to choose from these two systems or reduction to just one system?