Wizz Air MPL - CTC
Join Date: Mar 2015
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I know there's a lot of negativity surrounding this particular scheme, especially concerning the costs and then the salary to follow, but has anyone actually applied for the scheme since it's now open?
Join Date: Jun 2015
Location: Germany
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Syntax Error,
I dont understand. You no longer work with Wizz Air. Everything aside why are you on such a vendetta against them? Are you trying to prove a point? It obviously no longer affects you so why all the hate?
I am looking forward to someone who has actually applied and tells us about the finances involved.
I dont understand. You no longer work with Wizz Air. Everything aside why are you on such a vendetta against them? Are you trying to prove a point? It obviously no longer affects you so why all the hate?
I am looking forward to someone who has actually applied and tells us about the finances involved.
Funding appears to be the same as most of the others, through BBVA and secured on a property.
It looks like a lot of money, no mention of pay though except the mention of half pay through line training. I worked out that from a standing start (I.e no prior savings), you'd most likely need to be earning a starting salary of around £40,000 per year to service debts and have a reasonable amount left over for living costs.. Of course everyone is different.
It looks like a lot of money, no mention of pay though except the mention of half pay through line training. I worked out that from a standing start (I.e no prior savings), you'd most likely need to be earning a starting salary of around £40,000 per year to service debts and have a reasonable amount left over for living costs.. Of course everyone is different.
Join Date: Nov 2009
Location: Bucharest, Romania
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when they first announched the lunch of the scheme I was thinking to apply as I have been told that they will act as a guarantor to get the loan and that they will pay you back the loan once starting to fly for them. And I thought that after paying the monthly rate I'd still have in my pocket about 1000E which for my country is not that bad. But now, I have to agree with Syntax Error and the others who, well pointed out that it does not worth it.
The only positive point I see here is that they will offer you that contract beforehand, which for me is important but not enough, I'd better go get an ATPL for 30-40K and hopefully to find a job afterwards
good luck to all those applying anyway.
The only positive point I see here is that they will offer you that contract beforehand, which for me is important but not enough, I'd better go get an ATPL for 30-40K and hopefully to find a job afterwards
good luck to all those applying anyway.
Join Date: Nov 2009
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Can someone post what is the realistic take home pay for a new FO (non type rated) based in Poland? I couldn't find a straight answer on this thread.
Also what's the current upgrade time for a new hire with about 3-3.5k TT and about 2500 hours of jet airline flying.
Thanks.
Also what's the current upgrade time for a new hire with about 3-3.5k TT and about 2500 hours of jet airline flying.
Thanks.
Join Date: Jun 2015
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Syntax Error,
Your last reply conveyed WAY more information than you usual rants. I thank you for it, I think you made your point clear!
I kinda agree with Wizz though. If they can't (or better won't) pay their pilots more, and have bad conditions then pilots will leave. They have to do something to tie them down.
CTC is bloody expensive however. 130K Eur, even if you include Type raiting then a "normal" 0 - ATPL wouldnt cost more than 70K EUR. That is a hefty 50,000 premium. In Hungary at LHNY for example you can do an all inclusive (accomodation etc included) for 65,000 EUR. There is absolutely no reason to fly to NZ or USA to do flight training. + 20K and you have your type rating as well, for 85,000 EUR. Obviously there are other costs involved as the program includes line training as well, but come on, since when are you supposed to PAY for Line training??
All in all I think this might be a good opportunity for those who have the CASH. I have detailed the repayment plans or monthly payments in a previous post, but 500 EUR monthly would only service the interest, and if you want to repay it in a reasonable timeframe then you need to pay at least 1700 EUR a month.
Still, I am looking for anyone who has applied and knows more than what is available on the website.
Good luck!
Your last reply conveyed WAY more information than you usual rants. I thank you for it, I think you made your point clear!
I kinda agree with Wizz though. If they can't (or better won't) pay their pilots more, and have bad conditions then pilots will leave. They have to do something to tie them down.
CTC is bloody expensive however. 130K Eur, even if you include Type raiting then a "normal" 0 - ATPL wouldnt cost more than 70K EUR. That is a hefty 50,000 premium. In Hungary at LHNY for example you can do an all inclusive (accomodation etc included) for 65,000 EUR. There is absolutely no reason to fly to NZ or USA to do flight training. + 20K and you have your type rating as well, for 85,000 EUR. Obviously there are other costs involved as the program includes line training as well, but come on, since when are you supposed to PAY for Line training??
All in all I think this might be a good opportunity for those who have the CASH. I have detailed the repayment plans or monthly payments in a previous post, but 500 EUR monthly would only service the interest, and if you want to repay it in a reasonable timeframe then you need to pay at least 1700 EUR a month.
Still, I am looking for anyone who has applied and knows more than what is available on the website.
Good luck!
Join Date: Nov 2009
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Thanks for your help Syntax Error 
True, all of this info is available here, but it's scattered all over the place so again, thanks for putting it all together in one post.
I was under impression that the upgrade time was a lot quicker for those with a couple of thousand hours of jet time. I've heard in some cases within 12-24 months. The FO pay is hard to manage to say the least, especially for 5 years. How do you become an SFO, is it based purely on the company seniority?
True, all of this info is available here, but it's scattered all over the place so again, thanks for putting it all together in one post.
I was under impression that the upgrade time was a lot quicker for those with a couple of thousand hours of jet time. I've heard in some cases within 12-24 months. The FO pay is hard to manage to say the least, especially for 5 years. How do you become an SFO, is it based purely on the company seniority?
Join Date: Jul 2007
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You would enter as SFO with your hours, as you need 1500 factorized hours.
For the rating they deduct now 15000 euros over 3 years (415 euros a month).
You get back 7500 euros lump sum after three years, if still in the company, which means that you pay at the end 7500 euros for the rating.
You can expect command with 3500 hours factorized hours, and good sim performances.
For the rating they deduct now 15000 euros over 3 years (415 euros a month).
You get back 7500 euros lump sum after three years, if still in the company, which means that you pay at the end 7500 euros for the rating.
You can expect command with 3500 hours factorized hours, and good sim performances.
Join Date: Nov 2009
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dirk85,
Your info is much appreciated! Thanks for clarifying on how the TR cost is being deducted.
So captains can expect 4.5 to 5k Euros before all the deductions or is it a net pay?
Your info is much appreciated! Thanks for clarifying on how the TR cost is being deducted.
So captains can expect 4.5 to 5k Euros before all the deductions or is it a net pay?
Last edited by AirChaser; 24th Jul 2015 at 17:29.
Join Date: Jul 2007
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I mostly agree with what Syntax say in general, but to be fair, what he says is true only for contractors.
In many bases it is also available a local contract, where sick pay and pension is present, in accordance with local legislation. About 8/9% is deducted from pilots salary for social security.
Crew meal is provided on a day of duty, for what it matters.
Private life is possible if you live somewhere close to a place where Wizz operates.
Of course, it is not a commutable contract, but nobody has ever said otherwise.
If you have a family or cannot move more or less permanently to the base you are assigned I can concur that life could be tough.
If you are single, young and willing to move go for it, in any other case, think long and hard.
In many bases it is also available a local contract, where sick pay and pension is present, in accordance with local legislation. About 8/9% is deducted from pilots salary for social security.
Crew meal is provided on a day of duty, for what it matters.
Private life is possible if you live somewhere close to a place where Wizz operates.
Of course, it is not a commutable contract, but nobody has ever said otherwise.
If you have a family or cannot move more or less permanently to the base you are assigned I can concur that life could be tough.
If you are single, young and willing to move go for it, in any other case, think long and hard.
I appreciate that living costs in the parts of Europe a cadet is likely to be based will be cheap, however on that salary, assuming no help from Wizz and getting the full loan, how would any successful candidate service loan repayments?
Join Date: Jul 2007
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I will totally agree on one point: this scheme is just insane, and I would never suggest it to someone starting from zero. It is just not sustainable financially, nobody is disputing this.
Wizz could barely make sense if you join already as FO or better SFO, without having to finance the all course, and a fast command possibility.
And if you do not have to commute, or at least have an easy one.
In this case, with a net salary between 2000 and 2500, you can have an half decent life in let's say VNO or SOF.
Wizz could barely make sense if you join already as FO or better SFO, without having to finance the all course, and a fast command possibility.
And if you do not have to commute, or at least have an easy one.
In this case, with a net salary between 2000 and 2500, you can have an half decent life in let's say VNO or SOF.
Join Date: Nov 2009
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Can you just disregard those harassing calls and messages while on your days off? I would just set my phone to ignore their number.
With regards to crappy pay, I agree, FO pay is a joke, especially combined with this €130000 scheme, but if time to command is not too long for those joining Wizz with some experience, it should be doable.
I'll take 5000 Euros in Eastern Europe doing day trips over 8-9000 in the sand pit, flying 95hrs a month through 15 time zones.
With regards to crappy pay, I agree, FO pay is a joke, especially combined with this €130000 scheme, but if time to command is not too long for those joining Wizz with some experience, it should be doable.
I'll take 5000 Euros in Eastern Europe doing day trips over 8-9000 in the sand pit, flying 95hrs a month through 15 time zones.
Join Date: May 2003
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Wow this is a crazy scheme and I feel a desperate need to add my two cents!
Some of these MPL schemes with other operators provide a pretty solid salary after training and a good plan as to how you will pay back the loan. This one provides none . If you have to make full repayments whilst working on the low salary that Wizz offer, you will have absolutely no money to live on whatsoever! You will be insolvent for many years to come, even on a good salary it will suck!
YOU WILL BE WASTING THE BEST YEARS OF YOUR LIFE!
Central and Eastern Europe are cheaper to live in than the 'west', however if you come from the 'west' and want to continue with you Western European lifestyle then it will cost you around 2000 euros per month with a car (which you will need to get to the airport for those early starts!). This takes into account a good one bedroom apartment, a small car, regular trips back to the UK, one beach holiday per year and a good social life. This is my experience from previously living in the region (I don't work for Wizz). This would be after loan repayments.
My attention now turns to the price of this course. I want anyone applying to this scheme to have a long think about what they could do with that money! You could easily obtain an fATPL for less than 50,000 euros in Poland with the right planning. You could also go modular in the UK/US for less than 60,000 euros. The UK in particular has some great modular flight schools such as Stapleford which will provide you with world class training. Doing your PPL and hour building in the USA is also great fun, something your be missing out on with this scheme.
At the end (of a modular course) you will still have at least 80,000 euros to play with! You can then go and get an instructors rating, build some experience, gain some contacts and work your way up the ladder (it worked for me). Alternatively you could go and be a Bush Pilot for a few years (also great fun). If your so boring that your dead set on going straight into the airlines then you could purchase a type rating immediately. Even though this is something that I don't recommend, it would still be way cheaper than this scheme! A B737 or an Airbus rating can be purchased for less than 20,000 euros. Another alternative would be to simply wait for a better scheme to open, there's now quite a lot of these schemes around!
The market is gradually improving for Pilots at the moment, if I was to start now I would go modular and keep my debts low. There will be entry level jobs around in two years time for those that have taken the modular route, I'm sure of that.
If your considering this scheme and need any advice from a current Professional Pilot about how to become a Pilot without becoming a slave, then please feel free to send me a private message. I would not wish this scheme on anyone!
Some of these MPL schemes with other operators provide a pretty solid salary after training and a good plan as to how you will pay back the loan. This one provides none . If you have to make full repayments whilst working on the low salary that Wizz offer, you will have absolutely no money to live on whatsoever! You will be insolvent for many years to come, even on a good salary it will suck!
YOU WILL BE WASTING THE BEST YEARS OF YOUR LIFE!
Central and Eastern Europe are cheaper to live in than the 'west', however if you come from the 'west' and want to continue with you Western European lifestyle then it will cost you around 2000 euros per month with a car (which you will need to get to the airport for those early starts!). This takes into account a good one bedroom apartment, a small car, regular trips back to the UK, one beach holiday per year and a good social life. This is my experience from previously living in the region (I don't work for Wizz). This would be after loan repayments.
My attention now turns to the price of this course. I want anyone applying to this scheme to have a long think about what they could do with that money! You could easily obtain an fATPL for less than 50,000 euros in Poland with the right planning. You could also go modular in the UK/US for less than 60,000 euros. The UK in particular has some great modular flight schools such as Stapleford which will provide you with world class training. Doing your PPL and hour building in the USA is also great fun, something your be missing out on with this scheme.
At the end (of a modular course) you will still have at least 80,000 euros to play with! You can then go and get an instructors rating, build some experience, gain some contacts and work your way up the ladder (it worked for me). Alternatively you could go and be a Bush Pilot for a few years (also great fun). If your so boring that your dead set on going straight into the airlines then you could purchase a type rating immediately. Even though this is something that I don't recommend, it would still be way cheaper than this scheme! A B737 or an Airbus rating can be purchased for less than 20,000 euros. Another alternative would be to simply wait for a better scheme to open, there's now quite a lot of these schemes around!
The market is gradually improving for Pilots at the moment, if I was to start now I would go modular and keep my debts low. There will be entry level jobs around in two years time for those that have taken the modular route, I'm sure of that.
If your considering this scheme and need any advice from a current Professional Pilot about how to become a Pilot without becoming a slave, then please feel free to send me a private message. I would not wish this scheme on anyone!
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Go ahead and become a Pilot then, just don't do it via this scheme! Theres better ways to get there and do you really want your parents to remortgage? That's placing a huge strain on them.
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New funding!
How much can you get for selling your body (parts)? | Money | The Guardian
OR, wait for things to improve!
As for Cheddar Cheese, this part is a real killer:
I am 18, just finished my first year of engineering at Warwick. I know it's sensible to finish my degree first, but the appeal of flying makes me reckless. I like the idea of a few years struggle to pursue my dream, and the adventure of it all also appeals.
If you know it's sensible, finish the degree as it will not look cool if you don't.
Button pushing, going bust and paperwork is not a dream, it's a reality for many newbies. The last thing any airline wants is an adventurous pilot. Try waterbombers:
https://www.youtube.com/watch?v=XYHvfYGF_7Y
OR, wait for things to improve!
As for Cheddar Cheese, this part is a real killer:
I am 18, just finished my first year of engineering at Warwick. I know it's sensible to finish my degree first, but the appeal of flying makes me reckless. I like the idea of a few years struggle to pursue my dream, and the adventure of it all also appeals.
If you know it's sensible, finish the degree as it will not look cool if you don't.
Button pushing, going bust and paperwork is not a dream, it's a reality for many newbies. The last thing any airline wants is an adventurous pilot. Try waterbombers:
https://www.youtube.com/watch?v=XYHvfYGF_7Y
Last edited by skyship007; 11th Aug 2015 at 19:46.