basilbrush12

KWest19

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Tobias0501

Hello everyone,

New member here! Apologies if I've posted this in the incorrect space, i'm still getting to grips with the forum. I have dreamt of being a pilot from a very young age, and have done a couple of small flights in light aircraft recently and am now hooked.

I'm looking at applying for the L3 Academy for 2020 (I believe 2019 has already closed as couldn't find this on their website?) I had a few questions regarding transition from academy to job, and also funding.

I have looked around, but the only kind of funding I can find is Pegasus personal loans, but these need to be secured against property, which at 23 I do not own. I don't really have anything to go towards it currently, as I don't have a high salary. So i'd be looking to borrow the full £96,800 they quote for training. They also require the loan to be paid back from a month after taking the loan out, which I cannot understand how anyone would be able to as in training you're not earning? Does anyone of alternative funding available? Unfortunately my parents aren't a possibility for loaning the money to me, which is another recommendation I saw.

Secondly on completion of all training, how easy was it to get a job? L3 state they have a team dedicatd to getting you employed almost straight out of graduation?

Thanks,

Tobias

BaronVonBarnstormer

You need to look at the current situation at L3. Inform yourself of the current issues there and make a balanced decision. There are a lot of threads on this forum that have more information: ME/IR instructor shortage ?

Tobias0501

Seems to me the more i’ve read about L3, the worse they become. Seems that when they were originally CTC they were a tonne better. If i’m honest i’m still unsure I can afford to do it, even though it’s been my dream for years.

Training costs at £110,000 for the MPL license, without cost of food and travel just seems unobtainable for someone like me. It’s okay for people that have money that can afford it, but not all of us are as blessed. And loans compaines for pilots licensing require you to start paying back a month after you take the loan out with no payment holiday, so finding the money every month, on top of full time learning is virtually impossible.

I can’t understand why airlines aren’t offering to cover costs, and deducting from wages once you’re working full time. I know Aer Lingus did in 2018 for 10 Cadets and I bet they were people similar in position to me.

LlamaFarmer

Because, presently, they don't need to. There is a big enough supply of pilots paying their own way up front.

I believe Aer Lingus opened it up again. I also believe MANY MANY cadets/FOs leave Aer Lingus at the first opportunity.

Tobias0501