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Ryanair TR Funding

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Old 2nd Nov 2009, 15:42
  #281 (permalink)  
 
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Yes it CAN be done, big emphasis on the CAN though. Its not set in stone and it would be unwise to not budget for the VAT turning out to be not recoverable.
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Old 2nd Nov 2009, 16:00
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The name of this thread should be....

Ryanair funding.
Be it £33k or £27k! You can get a full JAA 737 CL&NG rating for €(!!) 12900. What a fantastic profit FR must have on training!?
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Old 3rd Nov 2009, 10:41
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Ah, but 12,900 Euro's doesn't include any 'gold bars' does it!

For 33,000 Euro's I can get 2 on each shoulder; thats 4 gold bars in total.

33,000 - 12,900= E 20,100

So it's E 5025 per gold bar; the chance to 'strut the airport', priceless!!

I for one think it's high time MOL upped his prices. My Mum says I'll still be coming anyway.
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Old 3rd Nov 2009, 11:01
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and I bet my left nut it doesn't include base training costs...
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Old 3rd Nov 2009, 11:26
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Does that full JAA Type rating for 12900 also include Base Training, and Line training?? I am sure it does not. Hence the expensive type rating with Ryanair!!
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Old 3rd Nov 2009, 12:10
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McBruce......... brave man betting your left nut as I hear you have already lost your right one.

Chopper Copper 99
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Old 3rd Nov 2009, 12:54
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Is big number serious?

Big number...Are you being serious here?

If you are, then I suggest you go find a job as a comedian and not a Pilot. This situation is far from F****** funny for most people!!

Jimmy.
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Old 3rd Nov 2009, 14:27
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Crikey is this thread still rumbling on? Of course it is. Predictably another Ryanair thread descends into useless drivel. Ryanair and its methods are undoubtedly controversial but the fact is that they are an inevitable reality of the current industry.

Unfortunately, there are too many closed minds and stubborn egos on both sides for any meaningful discussion. You cannot discuss with people who will not listen and almost every contributor to these threads is to some extent constrained by a vested interest in their own circumstances. Additionally, many who venture opinions are so devoid of factual knowledge or common sense that any hope of a worthwhile thread is futile.

What we should be able to agree on is that sponsored and salaried basic training is long extinct and that type ratings have been going the same way for many years now. (If you're bonded you're still paying for it). I think we would all love to be turning up to the BOAC college at Hamble in 1960 fully sponsored and getting paid from the first day we sit in an aeroplane, but those days are history.

Nobody particularly wants to pay for a Ryanair TR but as WWW diplomatically said, it's the only deal on the table at the moment which leaves you with two choices:
  • Withdraw yourself from the industry for the time being, allow skill fade to set in and hundreds of fresher, younger and more current pilots to join the competition for any jobs which appear in the future - and hope for the best.
  • Or, take the deal, in full knowledge of the financial considerations, the employment terms, and the risks versus the benefits, and again hope for the best.
It is the privilege of each individual to make their own choice and anyone who posts here should do so in the knowledge that they are not entitled to decide on behalf of any other poster, a common mistake, it seems. Whilst the current employment market is an ugly one, an individual has no more control over or responsibility for these market forces than he has for the price of petrol or international exchange rates. Good luck to all those choosing their path in difficult times.
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Old 3rd Nov 2009, 14:34
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Well Said Torque Tonight.

Whatever path you choose, please please please do your research.
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Old 3rd Nov 2009, 14:38
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€33k for a type rating is disgusting! It is far too low.

I'd willingly sell my house and all its contents to do the FR TR!!!! So There!!!!
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Old 3rd Nov 2009, 14:56
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Thanks for your input Smith. Brilliant.

Ryanair threads are a little like the threads that occur after after a major crash. Every d1ckhead wants to get their opinion heard regardless of knowledge or merit. Eventually the thread becomes such a bloated monster full of meaningless drivel that nobody can possibly read all the posts from the beginning, therefore people post garbage that has already been said many times, the whole thing goes in circles and becomes an indestructible self-perpetuating nightmare. It's a shame really because there are many valid topics of conversation that become impossible when every thread always degenerates into playground anarchy.
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Old 3rd Nov 2009, 14:58
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Have the car too!

Smith...we need your car too please...you can walk to work......help you wake up on those cold early mornings!
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Old 3rd Nov 2009, 15:03
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It is my honest belief that FR is the best place for a flight school graduate to cut their teeth in this industry.
Ever heard of the word SCAB!!!

Any self respecting captain of a non-loco airline who is determined to maintain his standard of life should refuse to fly with someone who has "cut their teeth" with FR. Its like robbing Peter to pay Paul, he's responsible for taking money out of your pocket mate.

TBH all airlines are on the downward slope now anyway in terms of T&C's, so there is no point harping on about it.

It used to be that an Airline Pilot was a bit of an enigma, silver haired, tanned, BBC accent, suave and sophisticated.

Nowadays you see FR newbies with their shirts and uniforms unironed, shoes unpolished, hair a mess and unshaven. Looks like they've been dragged through a hedge backwards actually.

Use to be that a train driver had all the glamour and was every boy's dream, look at train drivers now, more blue collar if I may, piloting an aircraft is going the same way I fear.
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Old 3rd Nov 2009, 15:22
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"SCAB", "PARASITES". Some of you guys really need tone down the aggression a bit if you want to be taken seriously.

Ever heard of the word SCAB!!!

Any self respecting captain of a non-loco airline who is determined to maintain his standard of life should refuse to fly with someone who has "cut their teeth" with FR. Its like robbing Peter to pay Paul, he's responsible for taking money out of your pocket mate.
Any self respecting captain of a non-loco airline at the moment is probably experiencing pay cuts, unpaid leave, demotion, redundancy or the very real threat of these. Like it or not, the market evolves, and those that don't move with the times become extinct. In a free market it's survival of the fittest and much to the dismay of the legacy carriers, Ryanair is fitter than them. Just as the striking postal workers are discovering, if you can't adapt to a changing market you become obsolete.

I don't like declining terms and conditions one bit, but I didn't make it happen, I just have to make the best of it. Perhaps your 'self-respecting captains' should all walk out on strike. See how well that fixes your airlines and their Ts&Cs.

This is now the worst recession since records began. If you think the industry will not feel any effects from that you're living in a dream world. If you think resisting change with some sort of Scargillite beligerence will see you through, you're in for a shock. This is the way things are now. The 'old-hands' who point the finger of blame for the world economy at Ryanair cadets need to think what they would do in their position. I hope the good times return. I really do.

Last edited by Torque Tonight; 3rd Nov 2009 at 15:36.
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Old 3rd Nov 2009, 15:37
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I can only hope that the FR Management Team read this thread and register how desperate wannabes are.

DOUBLE THE PRICES; THEY WILL STILL COME!
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Old 3rd Nov 2009, 16:02
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big numbers unfortunately your very accurate.easy money from mummy and daddy, impatience, naivety all combining to destroy the industry.

what i dont understand is where all these great jobs will be for the little darlings after they have destroyed the industry
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Old 3rd Nov 2009, 21:01
  #297 (permalink)  
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Remember the craze for 'investing' in ostriches in the 90's? When I lived in Australia I flew a charter to an ostrich farm with a load of Hong Kong chinese sucker....sorry, customers. I tagged on to the guided tour during which the farmer explained that they could buy a bird for A$20,000 which laid eggs that you sold on for A$2000 apiece. You could also sell a bird for feathers, meat, skin and oil. When I asked the farmer if there was A$20,000 worth of meat, oil skin and feathers in a bird he just smiled and whispered "Nah mate. It's like Amway, sooner or later someone's gunna have to clean the dunny".

Neither Airbus nor Boeing will drop their prices and RYR have their older aircraft, which they can't sell, coming up for expensive maintenance. Guess who's going to be holding the metaphorical toilet brush?
 
Old 3rd Nov 2009, 23:23
  #298 (permalink)  
 
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Flinstone? Are you for real?

Imagine buying a 'job lot' fleet of 737NG's on an agreed, low price, over XYZ years....

I am no RYR employee or want to be. But, before you make opinions about their purchases of aircraft; do some research.

RYR are flying a very new, very large fleet. And subsequently 'could' be in the market to sell 3/4/5/6 year old frames to others, with a profit, years to come; And renew their fleet with minimal cost comparable to competitors....
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Old 3rd Nov 2009, 23:36
  #299 (permalink)  
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Getting a bit aggressive aren't we?

Neither Boeing nor Airbus will drop their prices (I found that out from my research) and the market for RYR selling on isn't there. If that revenue stream dries up ................... Your research will also have shown you that new aircraft don't stay that way for ever. They need expensive maintenance as the hours build up.


We'll see.
 
Old 3rd Nov 2009, 23:57
  #300 (permalink)  
 
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No foul intent words meant..

My point is that wise buyers, where possible purchase airframes during a dip in price... hence RYRs' post 911 purchase of a long term contract with boeing, for new frames.... at a lot lower price than the market norm.. over an otherwise nearly done deal with Airbus(done over price).. who couldn't meet the price of Boeing... it's well documented.
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