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Old 10th Oct 2005, 11:08
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Hi

I have checked about the HSBC loan at Oxford and was briefed when I went to the 'trials'; there is no need for security in the sense of signing away your parents house etc.
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Old 10th Oct 2005, 11:21
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Quincy,

That's really good news and the opposite of what their Finance Director told me a month ago.

All is not lost then!

JGT
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Old 10th Oct 2005, 11:35
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Hmm, well I don't mean to counteract what the FD says but that is the impression I got.

I am refering specifically to the sponsorships (eg TC and Excel) not to the APP (which does require security). If I had security I would forget the sponsorships and get myself to a FTO. But I don't so I am stuck.
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Old 10th Oct 2005, 11:51
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I was discussing APP with him - all makes sense now!

Anyway back on thread-

Has anyone spoken to anyone at Cabair regarding financing of the £37,644 personal contribution?
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Old 10th Oct 2005, 13:26
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Have to agree with Quincy on this one.After recieving pack in the post all looked good unti I read the finance part.£38000 from you and £24000 from them,re-payable all from a salary of 25K when employed.This rules me out from the start;the maths just don't add up!
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Old 10th Oct 2005, 21:52
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Hello,

I'm going to flying 6 hours to EGLL for these assesments. Does anyone know if the 17th is for everyone at the same time? Will the other stages be very close together is accepted?

Cheers
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Old 10th Oct 2005, 23:08
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Alfaaloop,

Agreed. Nice of them to put the offer on the table, and certainly any offer of employment prior to training is a fantastic thing to have, but....

...having to repay that much cash on a pretty average salary, all the while being at the bottom of the food chain should any downsizing come....Just not so attractive.

I get the impression its a scheme that will be very attractive for those who can already put the cash together for the course. For those that can't it doesn't really open any doors in the classic meaning of a "sponsrship"

Not after this for the salary, but if I can't get the training paid off in 7 years then the whole business looks grim.
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Old 11th Oct 2005, 07:01
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Re-arrange this well known sentence: point the missing!

With FlyBE you would have a job unlike hundreds of other wannabes. Furthermore, you won't stay at the bottom of the seniority list for very long at all so if there was any downsizing you'd be secure And in case you hadn't noticed, FlyBE is expanding very quickly with a Dash 8 being delivered at the rate of approx one per month for the next couple of years. Oh and there are the Emb 195s on order. Also, how long do you think it would take to get to command and what is the salary then? No idea? Have a look on ppjn.

When the industry takes a downturn inrecruiting (which it will) you'll be fighing over jobs like this. You'll be fighting over any job, in fact.
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Old 11th Oct 2005, 09:04
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Fair points, but the fact is, for those of us for whom sponsorship is a necessity, this partial access to a loan, followed by an average salary can't really get us far at all.

Compared to the recent Jarez or OAT schemes, as I said, this is really a scheme for those who already have most of the cash together and simply need the extra loan and the job guarantee.

It's not to knock the course, but it doesn't open anywhere near as maony doors as the 3 previous schemes have.
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Old 11th Oct 2005, 09:07
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Dave

Roger that. The OAT ones are 100% better. It is the difference between being able to train (OAT) or not (Cabair). There is nothing I can do at the moment other than keep playing the lottery. Plus time is ticking for me on the age front.
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Old 11th Oct 2005, 10:08
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I too was disgusted when I opened my application pack, I mean a guaranteed job is all well and good but how can they still call this 'sponsorship' when it doesn't help anyone who can't get the money together?

I also think why can't they do a 3day assessment block instead of making people pay for 3 return flights, travel, accomodation, £60, then £120 (that's if your lucky enough to get through to the 3rd phase!)

Also, anyone applying with less that 60hrs but the ATPL's done?

Oleocookie
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Old 11th Oct 2005, 10:17
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Yeah I like the way that they charge you £160 just to apply! What other industry would do that?!

I ended up forking out £500 to apply for the OAT TCX shceme. (200 in OATs pocket and 300 for class 1).

Others may flame me with the usual platitudes such as '..if you really want it you will put up with it....' etc etc but it is unfair that FTOs charge for applications especially when one considers that the overall cost of the course is in the region of 60k. I know recruitment is expensive but other industries (with very similar recruitment/assesment prcesses) don't charge.

I can not afford to attend all these assesments especially as the chances of getting through are so minimal (6 places for Flybe).
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Old 11th Oct 2005, 12:14
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Last time I looked FlyBE was a commercial airline. It's not there to help anyone but the owners get some return on their investment. Nobody is forcing you to apply for these schemes. If you don't like the terms, don't apply, simple as that. It was only 4 years ago that experienced pilots were being laid off. Profit margins in the airline business are extremely slim and FlyBE naturally expects a return on its investment.
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Old 11th Oct 2005, 12:30
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Does anyone know roughly how many applications they recieve for these sponsorships? It sounds like a lot of potential applicants will be deterred from applying for finanicial reasons.
Any ideas??
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Old 11th Oct 2005, 12:48
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Ham Phisted

Just the kind of reply I was expecting!

Every company has commercial interests but they don't charge people to apply for jobs. The aviation industry has got the wanabees by the balls cos they are so desperate to fly. The airlines are taking advantage of this desperation by passing on the costs of recruitment to the applicants rather than absorbing them as a business cost. Very canny but very exclusive.

You are correct in your assumption that I do not have to apply; which is why I am not going to.
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Old 11th Oct 2005, 14:30
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Quote:

Profit margins in the airline business are extremely slim and FlyBE naturally expects a return on its investment.


They are not really investing anything.YOU are paying the lions share and YOU have to pay back every penny of the money they will LEND you.In return,they retain their staff for a minimum of 5 years and if you do want to move on before that they still get all their money back.It's a win-win situation for them.

We all accept that to get started in this,our dream career,is going to cost,and cost big.But there is a point where that cost is just to high and this offer,for most,is.
Saying that,everyones circumstances are different and if you are in a position to raise the cash then go for it-ultimately you will be flying for an airline and that's where we are all trying to get to,but for the time being I will have to continue on the pay-as-you-go route and join the waiting masses with 250hrs.
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Old 12th Oct 2005, 13:40
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sponsorship

AFAIR, the questions were about as stated, i.e. AS level, although I would say anyone who can deal with GCSE math will cope. No calculators are allowed, nor are they necessary; rough working on paper was allowed I think. speed/time/distance covers most of it, but there are general maths questions as well. It's all multiple guess too, so the answer is always in front of you, albeit beside 4 other wrong ones. The hardest thing I found about it was the time pressure; you can't afford to get hung up on a question. As to applicant numbers, last year Tim Sharland (one of the cabair chaps, and one you will probably have to impress at interview in the 3rd stage) mentioned during his intro that the 50 or so at the 2nd stage had been picked from "several hundred"; make of that what you will.

cheers,
Dogbert
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Old 13th Oct 2005, 17:33
  #58 (permalink)  
 
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sorry to interupt the flow... but has anyone still not recieved their application pack? i'm still waiting even though i emailed on the first day the ad came out on website.
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Old 14th Oct 2005, 06:48
  #59 (permalink)  
 
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I have got it. Terms are quite extended. If FlyBe does not hire you soon after completion, there is something in the contract about a 2 year holding pool. So you pay a lot thousands and if you're not selected in 2007 you have to wait till 2009 before you can leave?

i'm still waiting even though i emailed on the first day the ad came out on website
Mee too, the first day, got the pack in on wednesday.
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Old 14th Oct 2005, 10:09
  #60 (permalink)  
 
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got mine now can't apply tho cos dont finish uni till june and course starts in march, maybe next yr...
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