Flybe/FTE Scheme
Join Date: Oct 2008
Location: UK
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Flybe don't bond for the £19800. It is an interest-free loan, with repayment deferred until 3 months after completion of training. There is also currently an option to take up to 2 years as a repayment holiday.
There is however a seperate bond for the Type Rating element, which applies to all new pilots. This is valid for 3 years and reduces on a linear basis.
There is however a seperate bond for the Type Rating element, which applies to all new pilots. This is valid for 3 years and reduces on a linear basis.
Join Date: Dec 2011
Location: round the corner..
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Hi Otto, thanks for your input.
One question that seems to be confusing some people with regards to the financial contribution by FlyBe of £19800 is, at what stage is this contribution made?
The course cost, this time round, is £85k. So for instance, if a candidate was successful and chose to fund the entirety of this sum with a loan, would they need to raise the entire £85k in the first instance or ~£65k?
Cheers.
One question that seems to be confusing some people with regards to the financial contribution by FlyBe of £19800 is, at what stage is this contribution made?
The course cost, this time round, is £85k. So for instance, if a candidate was successful and chose to fund the entirety of this sum with a loan, would they need to raise the entire £85k in the first instance or ~£65k?
Cheers.
Join Date: Feb 2012
Location: Birmingham/Toon.
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The course cost, this time round, is £85k. So for instance, if a candidate was successful and chose to fund the entirety of this sum with a loan, would they need to raise the entire £85k in the first instance or ~£65k?
You'd have to raise the 65k, Makes it slightly easier for people who don't have masses of security.
