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The CTC Wings (Cadets) Thread - Part 2.

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The CTC Wings (Cadets) Thread - Part 2.

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Old 23rd Nov 2008, 16:36
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I don't think DME Dave is trying to do any more than provide his view as one cadet who's in the system, as a couple of other people have via PM. I'm not going to make any decisions based on what any one person says, but I am appreciative of everyone's input - all of you are helping to remove the fog of secrecy that hangs over flight training, and to bridge the gap between FTO advertising and my worst fears of eternal unemployment, poverty, depression and hunger!
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Old 23rd Nov 2008, 17:23
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my worst fears of eternal unemployment, poverty, depression and hunger!


HOLD THAT THOUGHT!


WWW
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Old 24th Nov 2008, 16:10
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ctc

Hi there again i have got a question 2 all of you out there, that i have been thinking of for a very long time and havent found any answers yet!!!!! Listen if lets say i am a partner air line with CTC and would like say X no of pilots this year to join my fleet.

Do you think i will be choosing any of the CTC wings cadets??? I wouldn't as i would have to pay them back in an agreed time no......
NO OFFENCE TO ANY OF THE CADETS AS I MYSELF WILL BE APPLYING FOR THE CADETS SCHEME BUT I'M NOT SURE WHICH TO CHOOSE WETHER THE SELF SPONSORED OR THE CADETS SCHEME.

On the other hand there are the ICP the self sponsored group that are paying for their course and are not expecting to have any of their money returned back {in a way just their job} so for any of the partner airline it will not be worth it to have any of the cadets as i have to give them the money supplied for their bond

Am i correct or did i miss something on the way Thank you to all ya your ideas are much appriciated.

One last thing with regards to the 4 essays that will be give, what kind of subjects do they specify that you talk about and how many words thank you once again!!!
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Old 24th Nov 2008, 16:52
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RB84

The wage for a cadet is lower than for a DEP so the cost is not any more. Check easy jet web site DEP vs Cadet.

The way I look at it is that your bond and basic training fee pays CTC for your training. The airline pays for the type rating but they get a cheap pilot for 6 months as they do not pay you a salary. If they are happy with you after your line training a finders fee is paid to CTC which gives them their profit and pays for the £1000 per month you was paid by CTC during line training. The airline then pays you a reduced salary until you bond is paid off.

If you go to BA you enter on the DEP salary but pay the bond back from your own money. There is a tax benefit for the Easyjet method of cadet salary and bond payment which helps a little. I believe the costs are similar on both schemes but just broken down in a different way.

If you go the ICP route you will not get the AQC course and the possibility to go onto airline training (When times are good and the ATP scheme is open you could apply to this and as a CTC trainee I guess you would be in a good position) So far the AQC and advanced training has been guaranteed for all cadets passing the intermediate training CPL/IR.

Bottom line is that the training with CTC is very good, cadets get CPL/IR AQC and to date 100% placement with an airline. I believe for what you are paying the scheme gives you much more than other integrated FTO's.

Not getting into the modular vs integrated discussion, as this is up to the individual to work out what is best in the current climate.
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Old 24th Nov 2008, 17:57
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Off topic but does anyone have a mailing address for CTC Wings? I have a letter I need to post to them but there is nothing on the website.

Cheers
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Old 24th Nov 2008, 17:57
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If you go to BA you enter on the DEP salary but pay the bond back from your own money.
can someone verify this? DEP and not SSP pay for ctc cadets!?
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Old 24th Nov 2008, 19:52
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cadets

Hi thank you all for the fast reply i can now understand how it all works out. much appriciated is it possible please to forward me the site for british airways were it says about the cadet sponsorship scheme with CTC as from this link Ba is no longer doing any more of such schemes. Thank you once more for all your help.

Bdw another thing!! CTC has a number of partner airlines apart from BA and easyjet do the rest of the other airlines take in any cadets as very little is heard about them for ex monarch , thomas cook etc.... If so does anybody know the links as i would like to know if the bond as mentioned and explained earlyer applies the same to all the partners

Thanks alot!!!
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Old 24th Nov 2008, 20:20
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British Airways is not a partner airline and never has been in the way that easyJet and Thomas Cook etc are. Neither is the CTC Wings scheme a BA Cadet program. Cadets may choose to apply to BA for entry as Self Sponsored Pilots (SSPs) at the end of training, subject to having acheived certain criteria throughout the course. It is not an airline placement in the same way as the easyJet one. Cadets are employed by BA from Day 1 of their induction, and paid as such on the SSP payscale. The training bond is retained by CTC/APL - in effect the cadet has paid for his/her own training much like if they had gone to OAA/FTE/Cabair etc.

You will not find any link to a BA cadet scheme on their website because there isn't one. Neither is there likely to be, certainly in the short to medium term.
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Old 24th Nov 2008, 20:53
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cadets

Hi Streety thank you for your help
so once you get selected after phase 4 of ctc selection process, is it then that they tell you which partner airline you are going to be with or is it after the course that they tell you about this and they choose the airline you go with. how does this work??

http://www.ctcwings.co.nz/pdfs/news/...26June2008.pdf

CTC Aviation Group plc - CTC Wings and Thomas Cook

easyJet.com - easyJet's Cadet Sponsorship Programme

Here i got a couple of the partner airlines that show they are willing to accept cadets but who tells you with whome you go thanks alot peeps!!!
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Old 24th Nov 2008, 21:27
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Not sure how to quote a post on this forum but wanted to clarify my mistake regarding DEP and SSP as mentioned a few posts above by djfingerscrossed.
I incorrectly mentioned DEP for the BA scheme but SSP was what I was describing. The part I was trying to describe is the higher wage with BA but the fact that the cadet does not receive any payment for the bond unlike the easy jet scheme therefore wages are similar. Although Easyjet is paying back £1000 per month towards the bond the salary is reduced to give a similar overall monthly sum.

As mentioned BA is not a partner airline but some CTC cadets have gone to BA after applying and passing the selection process just the same as cadets/students from other FTO's. I did not mean to imply BA was a partner airline with CTC

Last edited by kwb911; 24th Nov 2008 at 21:39.
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Old 24th Nov 2008, 23:05
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The Openskies agreement was "to provide aircrew training solutions". Nowhere in the press release announcing the deal were cadets mentioned as being part of the plan. The tone of the document on the CTC website seems to suggest more of a 'one-stop' selection and training arrangement along the lines of the Club328 agreement that was announced in Sep 07.

Whilst technically Openskies may be a 'partner' of CTC , I would suggest that to call them and by association BA a partner of the Wings Cadet Program is somewhat tenuous, if not inaccurate.

Good news about Eagle though for the NZ guys.
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Old 25th Nov 2008, 16:49
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HSBC loan (or lack of)

Is there anybody currently nearing the phase 4 stage of selection, who hasnt a clue how they are to fund this training programme now HSBC have withdrawn their professional studies loan. I am in the position to offer security ( a house) however there does not seem to be the framework with a secured loan from hsbc that is similar to the loans given before all the financial trouble.What i mean is 'remortgage' repayments need to be made immediatly as soon as the loan is taken out.So it is just a basic homeowner loan with no special terms being a CTC cadet. I thought if the loan was stopped it would just be the 'unsecured' side of it. Has anyone got any more info or recent dealings with banks? CTC say they are 'in talks' with other banks, anyone know any info with that? I basically need a bank to recognise CTCs training programme and offer better terms than the bog standard home owner loan! I definetly cannot start making repayments while i am commencing my training!Any info of general chat about this matter would be greatly appreciated
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Old 25th Nov 2008, 21:07
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just a thought mate, but you could try renting your house out to cover the mortgage.

Are you definately sure you can raise 80k off your house? just having a house doesnt necessarily mean you have security...
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Old 25th Nov 2008, 23:44
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BofE base rate changes

Hi all,

I was wondering if anyone could confirm wether or not HSBC have passed on the recent set of BofE base rate cuts to CTC cadets with the professional studies loan?

I'm aware that the loan is affected by base rate changes but was given to understand that HSBC have a limit below which they will not go.
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Old 26th Nov 2008, 12:03
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just a thought, but it might be wise to take things one step at a time. dont even think about the finances until you have passed phase 4. that would be a waste of your time instead of concentrating on the simulator test.

wrt to the loan however, rates have come down, natwest are offering secured loans, 2.5 % above base rate though! hsbc will do a home owners loan, around the 5 % APR mark if you have enough equity.

speak with them after your test though, that would be my piece of advise
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Old 26th Nov 2008, 13:06
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Without looking at the agreement I believe the unsecured HSBC loan was 2.75% above base rate therefore the figures you mention above are similar.
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Old 26th Nov 2008, 13:29
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Mushingstall,

Hiya, yes the rates have come down in line with Bofe. I signed my loan docs last Friday (I'm one of the last to get the secured loan as I'm on ICP). My orignal rate in July was 7.7% and it's now about 5.2 I cannot rem exactly though. It actually made quite a difference for me.

I also advise you to do the assessment first then worry about money. I've heard a couple of guys having to get mortgages frm parents or loans for around the 95k mark. 20 k so they can pay it back straight away, then rest for the course.

Best of luck for stage 4!

Jim
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Old 30th Nov 2008, 16:32
  #2378 (permalink)  
 
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Pilapt tests

Hi all,

Hopefully just a quick one - I have my phase 2 coming up in a couple of weeks and have been preparing for the Pilapts with the cockpitweb software. I would also like to practice with the Pilot-prep software from the site pilot-prep.co.uk just to cover everything but cannot seem to get onto the site anymore, even though it was ok a couple of weeks back.. does anyone have this software who wouldn't mind possibly sending or uploading for me? Hope that's not asking too much I just really want to give myself best chance!

Thanks in advance!

Anyone else got their phase 2 on Dec 9th?

James
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Old 4th Dec 2008, 10:10
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Why CTC

How's everybody doing. I just wnat to ask a simple question to some of you out there.

Why did you choose CTC to train you become one of the best pilots. Why didnt you choose EFT or OAA they both are good FTEs so why CTC.

Lets get this straight I know CTC is one of the best schools but i just would like to have different perspective of how you all look at it!!!!
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Old 4th Dec 2008, 11:32
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Hi RB84

I just thought I would give you my reasons:

I chose CTC because after speaking to lots and lots and lots of people, the two FTOs that were constantly recommended were CTC and FTE. The people I asked ranged from very experienced pilots (20+ years flying) to recent graduates and modular guys from all the FTOs.

I looked and spoke about everything, where they train, how they train, what they fly, employment stats, how they treat you after you graduate etc.

All lead to CTC and FTE.

I then chose CTC because of their employment record. I even failed at the first attempt and then only just missed the Wings course. Then after 3 years of research where I gave up a 40% tax bracket payment job to go and work in the aviation world (why? to do more research and talk to Pilots, engineers etc) I got on the CTC ICP scheme and I ship out to NZ on the 2nd of Jan.

I don't want to start a debate on the best FTOs etc, but I simply went on the advice I was given. I probably went over the top on research, but my old job was as a market researcher so I already had it ingrained into me!

Hope it helps!

Jim
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