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BA Citiexpress (pseudo) Sponsorship?

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Old 9th Feb 2006, 18:01
  #21 (permalink)  
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I do not dispute Company House data, perhaps they don't make as much money as I thought, but I still object. More and more airlines pull people from integrated schools, so they become the toy of the rich, and those who can find £65000. What about the candidates that can't afford it, but may be superior to those who can? Eventually it'll come down to put up or shutup.

At the moment i'm happy doing it the way I think (my opinion) it should be done. I've done some of my PPL in the UK, some in the US. Now i'm hour building. I'm enjoying the flying, while i work it round my career as cabin crew. It doesn't work for everyone, but it works for me. My only issue is that just because I couldn't cough up the £65k, by the time I have my license there will be no modular students left that are accepted. And again, that's just my opinion.

Horgy
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Old 9th Feb 2006, 18:20
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I agree that it may appear unfair, but how might you alter the market for this expensive training without distorting the incentives to train? Limiting the market for training to CPL/IR to open vacancies in airlines will drive up the price beyond what it is now, and opening it up to lower cost training will induce too many people to train when at present too many are anyway.

Selection is the answer, but money talks, and where people can obtain funding either for modular or integrated, somone will be the entrepreneur whom trains them.

What about the candidates whom cannot afford it - well many will work hard until they can - just as you are. That is not limiting you, however if you valued integrated over modular (which you do not) you would surely work harder for that extra funding to achieve that integrated training course.

That route is open to anyone irrespective of background, indeed many people who go integrated have worked to earn that money and are not of the background that you suggest.

Don't criticise capitalism if you are not top of the pile - aspire to be there instead and you won't envy someone whom took a different route from you. Just remember that socialism results in nepotism and stagnation.
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Old 9th Feb 2006, 18:36
  #23 (permalink)  
 
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finance of this course

sent away the answers to the 8 questions yesterday. does any one know what the next stage is and have they done it yet?

Any body know what the financial deal is with this course??????
How is it sponsorship if you finance the course yourself with a bank loan?
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Old 9th Feb 2006, 19:18
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Oxford (Oxford Aviation Services Ltd) the trading company made £752k in 2003 and lost £10k in 2004.
Don't forget that OAT spent a fortune in 2003/2004 on new FNPT's, a fleet of full system Elite training devices, have totally restructured and updated their interiors with LCD flat screens etc and refitted all Senecas with GPS and new leather seats!

I'll think you'll agree that this heavy expenditure is to blame for the loss. Its not something that they'll have to do again in the near future so expect profits to rise again especially as more and more of their training is completed in the States. In fact the only OAT flying done here in the UK is the final 20 hours of Seneca II.........
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Old 9th Feb 2006, 19:39
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They capitalise such equipment and depreciate over useful economic life. Such asset purchases do not have that impact - otherwise an airline would make a thumping loss upon asset acquisitions followed by massive profits from using such an asset.

On the point below, we can't see what they include within admin expenses, but that would appear to be the reason.

Last edited by Re-Heat; 10th Feb 2006 at 08:38.
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Old 9th Feb 2006, 19:44
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Indeed that's what I was thinking.. yet their fixed asset cost remain similar year on year anyway.

Only 'admin expenses' seem to really kill the profits. Turnover is actually up.
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Old 11th Feb 2006, 12:20
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Hi guys

I'm still waiting for a reply from the question phase. Anyone heard anything yet?
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Old 11th Feb 2006, 22:11
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nope aint heard anything yet. how long have you been waiting? has anyone heard from them yet?
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Old 14th Feb 2006, 11:05
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Ditto. Nothing heard from the question phase. It's over two weeks now but I would think that even a negative would warrant a response come the time. I'll sit tight.

As for the training fees - I'm 29 and am selling my house (for which I've worked hard for the past nine years) and financing the course from the proceeds. I'm not a rich kid and am having to make a massive sacrifice to go for it. However, the last nine years in an unsatisfying job has really led me to believe that I'm not really losing anything except the prospect of the next thirty years in drudgery
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Old 14th Feb 2006, 11:23
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Hi there , where can the application form be found for the city express sponsorship scheme? I have had a look on the connect website and Jerez homepage but cant seem to find it. I suppose it may have closed already but if someone could help me out i would be really chuffed. Thanks

Is the Britannia scheme still running? Or planning to reopen if already closed?
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Old 14th Feb 2006, 16:26
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yes the application date has passed.
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Old 14th Feb 2006, 17:48
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just got a reply after 2 and a half weeks. I have got to phase 3 and have to go to manchester next tueday 21st. Anyone else going?
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Old 15th Feb 2006, 05:54
  #33 (permalink)  
 
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Still waiting for a reply. Only applied on the deadline date and was given 24 hrs 'grace' to send in phase 2 answers. I applied last year and got through to phase 3, so if anyone wants to know what to expect from the day then i'm happy to share my experience of last May.
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Old 15th Feb 2006, 11:38
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I'm still waiting for a response too. Looks like I haven't got to the next phase, quite dissapointed. Anyone else heard? what date did you send your completed application in? can you remember?
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Old 15th Feb 2006, 11:55
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Also has anyone got a reply saying they havn't got through or does it simply mean that if you haven't received a email yet then you haven't got through>
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Old 15th Feb 2006, 12:02
  #36 (permalink)  
 
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Don't worry just yet 97. Same thing happened last year with people being called forward to the different phase 3 days. They may not have assigned a date for phase 3 to you yet?? The week is still young......
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Old 15th Feb 2006, 12:21
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Wink

I wouldn't worry too much, spoke with FTE last week and they said that they would be inviting candidates forward for interviews throughout this week, so still 3 days to go. They will advise if you have been successful or not, so they won't let you sit there wondering.
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Old 15th Feb 2006, 13:21
  #38 (permalink)  
 
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Thank you for your advice guys its appreciated.
Have you guys (stumpyotoole and howflytrg ) heard that you have passed into stage three yet?
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Old 15th Feb 2006, 13:49
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No, not yet!! Still waiting... nail biting stuff all this.
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Old 15th Feb 2006, 14:15
  #40 (permalink)  
 
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Still waiting.............what to do with myself in the meantine..........arr yes work!
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