CTC iCP route
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CTC iCP route
hey guys having just undergone the CTC selection days for the wings cadet program and not getting through I have been offered the iCP course. All being well im off to NZ in october but was wondering if anyone here has done the iCP program or know anyone that has and how they found it.
Cheers
Cheers
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There's a guy on CP65 with me who's going down the iCP route. He said that CTC give you a list of banks who are willing to lend you the money (based on your circumstances etc) as long as you have security. Not sure exactly how accurate that is, but it sounds like there is at least some help out there.
Join Date: Aug 2006
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Yep, HSBC and Nat West. woskam & djfingerscrossed, how is the interest rates in your cadet loans? Just comparing the rates what they offer between Finnish banks and UK banks.
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Makes me really thankful for my place on the full course.
cadets who have been deemed just missing the Wings standard.
Join Date: Aug 2004
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Let me get this straight for £65K CTC are offering no more than the integrated route, which they achieve in the one stop modular fashion. This course will not offer you the CTC Wings scheme route into an airline.
You guys need to look 18 months into the future:
What will be CTC requirements?
If they are placing all cadets now, will they be in 18 months when the fuel bills have hit hard. Check out posts on other threads.
This will have a knock on effect throughout the scheme. I am guessing the order of employment would be Wings Cadets - ATP hold pool guys - possibly CTC iCP guys. Taking into account current market climate there may not even be an ATP scheme in 18 months time.
Please tread carefully before becoming a statistic of the credit crunch it seems that by there own admission CTC and the banks are not prepared to lend the full amount of money because of the increasing risks involved. £65K is a huge debt to be saddled with should things go wrong.
All I advise is check out your options before signing up to this scheme. You could:
Try for a different sponsored/mentored scheme
Go and train in the US, weak $ rates and cheap living allow you to save money to spend on futher training (might even allow you to stretch your 65K to an SSTR). eg JAA CPL/IR + 100 extra twin hours + (business jet operator might snap you up) CJ rating
The Modular route is cheaper and should not affect your chances of getting a first job.
Finally think about that first job. Has it got to be the airline job? How about instructing or a GA job working in the corporate sector.
Just some thoughts
Roller
You guys need to look 18 months into the future:
What will be CTC requirements?
If they are placing all cadets now, will they be in 18 months when the fuel bills have hit hard. Check out posts on other threads.
This will have a knock on effect throughout the scheme. I am guessing the order of employment would be Wings Cadets - ATP hold pool guys - possibly CTC iCP guys. Taking into account current market climate there may not even be an ATP scheme in 18 months time.
Please tread carefully before becoming a statistic of the credit crunch it seems that by there own admission CTC and the banks are not prepared to lend the full amount of money because of the increasing risks involved. £65K is a huge debt to be saddled with should things go wrong.
All I advise is check out your options before signing up to this scheme. You could:
Try for a different sponsored/mentored scheme
Go and train in the US, weak $ rates and cheap living allow you to save money to spend on futher training (might even allow you to stretch your 65K to an SSTR). eg JAA CPL/IR + 100 extra twin hours + (business jet operator might snap you up) CJ rating
The Modular route is cheaper and should not affect your chances of getting a first job.
Finally think about that first job. Has it got to be the airline job? How about instructing or a GA job working in the corporate sector.
Just some thoughts
Roller
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Let me get this straight for £65K CTC are offering no more than the integrated route, which they achieve in the one stop modular fashion. This course will not offer you the CTC Wings scheme route into an airline.
Currently it is only wings cadets with the option of going modular or intergrated, iCP are paying for intergrated and so thats the course they will be on. There are two guys ICP on my course and they are paying 60-63k for the course and after that will pay a further 6 or 7k (from what they told me) for the ATP route.
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Sorry poss I now realise iCP is an itergrated route. However do these two guys on your course get to apply for the wings scheme even though the scheme is currently closed?
Looking at the current state of play it maybe closed for some time. I still stand by what I say.
Roller
Looking at the current state of play it maybe closed for some time. I still stand by what I say.
Roller
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always appreciate a bit of guidance when it comes to what is ultimatley a massive financial commitment, with no guarantee of a job at the end.... a prospect made even more scary in the current economic climate!
With regard to the Icp programme, I couln't help getting the feeling after the assessment as if it 'was up to you'........ like they were happy to take the cadet rejects, so long as they were prepared to pay.... Perhaps this was just me, i mean I guess I reached some sort of minimum standard. I just wonder if this distiction would be bourne out during training too?
In contrast, I scored relatively highly in the Oxford APP training assessment (32/42) Compass and 7/10 group exercises....have to return for sim check, but the entry standard seems higher? Is this just me?
I have also heard that at CTC the ground school is self study? does this explain in part the difference in cost?
Also, Oxford includes MCC and JOC training, whereas CTC makes you apply for the ATP programme. Im guessing this course is ultra competitive: im totally dedicated to the cause,and have no doubt i'll perform well at training, but what chance realistically do I have if I failed to make the CTC cadet grade (allbeit marginally) at assessment stage?
It seems like the Icp programme is in its infancy, and I would be most greatful for any feedback from any current students, either cadets or Icp'ers as to how it all works....CTC is my first choice, with Oxford a close second....I guess the choice is down to a more expensive, proven track with Oxford APP, or into the unknown with CTC?...........................
sorry if im off the track here, I really should be on another thread......One of the links chelche was actually mine, but yet to have any responses! But any help or guidance would be greatly appreciated.....
cheers,
stewart
With regard to the Icp programme, I couln't help getting the feeling after the assessment as if it 'was up to you'........ like they were happy to take the cadet rejects, so long as they were prepared to pay.... Perhaps this was just me, i mean I guess I reached some sort of minimum standard. I just wonder if this distiction would be bourne out during training too?
In contrast, I scored relatively highly in the Oxford APP training assessment (32/42) Compass and 7/10 group exercises....have to return for sim check, but the entry standard seems higher? Is this just me?
I have also heard that at CTC the ground school is self study? does this explain in part the difference in cost?
Also, Oxford includes MCC and JOC training, whereas CTC makes you apply for the ATP programme. Im guessing this course is ultra competitive: im totally dedicated to the cause,and have no doubt i'll perform well at training, but what chance realistically do I have if I failed to make the CTC cadet grade (allbeit marginally) at assessment stage?
It seems like the Icp programme is in its infancy, and I would be most greatful for any feedback from any current students, either cadets or Icp'ers as to how it all works....CTC is my first choice, with Oxford a close second....I guess the choice is down to a more expensive, proven track with Oxford APP, or into the unknown with CTC?...........................
sorry if im off the track here, I really should be on another thread......One of the links chelche was actually mine, but yet to have any responses! But any help or guidance would be greatly appreciated.....
cheers,
stewart
