Qantas Recruitment
Far out! And I baulked forking out about $80k for my CPL 20 years ago. Mind you the expenses keep going with medicals, endorsements on new aircraft, union fees, phone calls to the 3 wives.
so around $175k total 🥲
A University degree is going to set you back $80-120k all up, plus living costs over 3 years. Comparable to the Academy course except the academy qualifies you faster.Currently movement into the group is limited. However if what is being rumoured about the requirements for upcoming recruitment over the next 5 years are correct then they'll need a substantial amount of recruitment into mainline alone, an amount never before seen in the company's history. And then all the recruitment into group subsidiaries beyond that. Inevitable Academy graduates will have to taken directly into the group, and straight into mainline, at some stage.
Yes, it the world economy could all fall in a heap and it's back to square one. But with a constant few years of growth it could be quite a spurt, and there'll be some who are able to take advantage of some rapid movement at an early point in their career if well positioned.
I thought $7500 for a CPL + IR was highway robbery in the mid seventies. As it turned out it was only a years salary in GA then.
So I got it back pretty soon.
How do you get back $175k ?
So I got it back pretty soon.
How do you get back $175k ?
It’s not $175k for goodness sake. The living costs cannot be counted as you have to live somewhere, even mum and dad usually charge board.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
Join Date: Jul 2021
Location: Australia
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It’s not $175k for goodness sake. The living costs cannot be counted as you have to live somewhere, even mum and dad usually charge board.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
Any young pilot coming through the system should seriously consider the possibility of changing professions in their later years. Be prepared as best you can.
Jesus H ******* Christ, how about the opportunity cost of loan repayments for however long it takes to pay back? Repayments on an investment loan after bank of dad gives you the deposit. Millionaire by the time of an early retirement.
How about a trade in a government subsidised scheme where you pay sweet FA? 3 years at a modest income then hook it to the mines for 5 years of premo pay to set yourself up. Real estate millionaire after 15 years.
$130k 2 years of GA wages?
A 4 year university degree for a commonwealth supported student is under 40k. Medicine/dentistry might approach 60k. They’re still a lot cheaper than a pilots license.
You’d be a fool to outlay that much on a pilots license these days knowing how easily you could be out of a job. I don’t think many of these tertiary educated individuals would have been stood down or made redundant during covid. Most of them would have worked from home and if they were let go, they would have found a higher paying job a few months later.
You’d be a fool to outlay that much on a pilots license these days knowing how easily you could be out of a job. I don’t think many of these tertiary educated individuals would have been stood down or made redundant during covid. Most of them would have worked from home and if they were let go, they would have found a higher paying job a few months later.
It’s not $175k for goodness sake. The living costs cannot be counted as you have to live somewhere, even mum and dad usually charge board.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
Saving $130k is certainly a lot different to earning $130k.
A 4 year university degree for a commonwealth supported student is under 40k. Medicine/dentistry might approach 60k.
That is not a given. Even great airlines see their luck run out unexpectedly. And the money in the airline business isn’t what it once was.
Snickers to oneself, have you read the award lately? Have a look at that then tell me how many years it will take you reach 65k per year?
Two words ENTRY BARRIER
You are a barrel of laughs. NOTHING is a given, only death and taxes. I may not wake up tomorrow, or an asteroid could destroy the earth but on the balance of probabilities you would have a reasonable chance of a thirty year career, starting at 25, moving companies or countries, for an investment of $130k
Okay call it three years to pay off, heck call it four. Now put that in context of a thirty five year career.
You are a barrel of laughs. NOTHING is a given, only death and taxes. I may not wake up tomorrow, or an asteroid could destroy the earth but on the balance of probabilities you would have a reasonable chance of a thirty year career, starting at 25, moving companies or countries, for an investment of $130k
Okay call it three years to pay off, heck call it four. Now put that in context of a thirty five year career.
I was not implying that it could be paid off in two, three or four years. I was pointing it out as a quantum of investment relative to return.
I feel really sorry for you if you believe that.
Aviation was a good career once and now it’s a death trap with an associated financial spiral.
HELP loans top out at 10% of salary once you reach 141,848 (22-23). Not even a jetstar FO reaches that for a good number of years, let alone someone in GA bashing around in a clapped out single or twin out of Ngukurr. Now tell me again how you’ll pay it off in four years?
That level of ability to read government legislation with a 130k debt is worrying.
HELP loans top out at 10% of salary once you reach 141,848 (22-23). Not even a jetstar FO reaches that for a good number of years, let alone someone in GA bashing around in a clapped out single or twin out of Ngukurr. Now tell me again how you’ll pay it off in four years?
HELP loans top out at 10% of salary once you reach 141,848 (22-23). Not even a jetstar FO reaches that for a good number of years, let alone someone in GA bashing around in a clapped out single or twin out of Ngukurr. Now tell me again how you’ll pay it off in four years?
absolutely!!
My 12 year old son has just downloaded Flight Simulator and said to me, "your job is awesome dad." I immediately sat beside him and said, "Flying is alot of fun, but so is celebrating your birthdays, not stressing about all the stresses flying brings. If you want to fly do it as a hobby. Don't do it as a job, it's simply not worth it."
I should add, Ive been very fortunate and overall I've had a lot of fun, but would I do it again? HELL NO!"
My 12 year old son has just downloaded Flight Simulator and said to me, "your job is awesome dad." I immediately sat beside him and said, "Flying is alot of fun, but so is celebrating your birthdays, not stressing about all the stresses flying brings. If you want to fly do it as a hobby. Don't do it as a job, it's simply not worth it."
I should add, Ive been very fortunate and overall I've had a lot of fun, but would I do it again? HELL NO!"
It’s not $175k for goodness sake. The living costs cannot be counted as you have to live somewhere, even mum and dad usually charge board.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
The HECS is not paid upfront.
Leaving the $130k as about two years GA wages or one year as a jet FO. Not a bad deal. Qualify by 25 and you can look forward to 30-35 years of reasonable income, your lifestyle choice is up to you.
You lost me at “mum and dad”