Flybe Wings 2015
 

Flybe Update

Looks like this is opening up again.

I shall be steering well clear.

Interesting that this has gone to MPL. It has always been a full ATPL programme up until now. Wonder if the price will show the 'reduced costs associated with the new License'..?

Officer Kite

How come?

For those who want their first step on the ladder I wouldn't 'steer clear' of this. Flybe gave me my first break in this career and I'm duely thankful of it. If you can fly a Q400 you can fly anything. Good luck

Good to see Flybe are contributing a pretty substantial chunk towards training costs. £66k loan still rules me out of this one unfortunately, but I know lots of guys and girls who've progressed well from Flybe, great wee airline and brilliant place to start a flying career. Good luck to those who apply!

Hey mates,

In order to plan the finances, does any of you know the salary scheme at Flybe for the cadets??

I would need to take a partial loan and I want to be sure that during the first years at Flybe is possible to live and pay back the loan.

Thanks!

What reduced costs? Are you quoting another of the MPL myths? It was never intended to be cheaper.

Wonder how many folk have an honours degree and access to £66k or credit rating to get £66k (after student debt and probable lack of necessary UK property) Not me anyway. Put in an application despite this as if I even got a sniff at this id be willing to shift some mountains to get into a program with a job at the end! Its worth it!

I can see where Officer Kite is coming from. With Flybe's history of redundancies (restructuring) at short notice and now their MPL tagged scheme with CTC to recruit... Seems very cut-throat.:*

However, If I was given the opportunity AND had the money for it I wouldn't hesitate to accept.

Good luck to those who apply.

@almon1298
 

As I understood it's not necessary to have a honours degree.

It's written that it's necessary to have 5 GCSEs at C or Above and either 2 A Levels at C or higher or an honours degree at 2:2 or higher.

Nevertheless the Money Problem still remains the Same :D

Oh is it "OR a 2:2 hons degree"? That's not so bad then. Shows my "verbal reasoning" skills haha. I was wondering why I hadn't received automatic rejection already.

After doing the maths on a loan of £66k costing £670/month with a salary of £28378 before tax, plus duty pay of £150/month minus the £396/month salary sacrifice, minus other costs such as pension etc leaves me with a figure of just £746/month take home pay :sad:.

In effect you take home as much as someone earning £9500 a year.

I'm working on 4.1% apr, as interest rates are most likely set to rise over the next few years.

Can any current FO's confirm/deny if i'm in the right ballpark?

BVB you are in the right ballpark, I have 1 friend in flybe who went via ctc and he likes it, good training, nice company, but bottom end pay, so the job is good but the pay not.

You also have to bear in mind where you want to be 5 years down the road, if you are happy to stay in a regional for a long time then its as good as any place to be, but doing 5 years in a Dash 8 is not going to make you that much employable on a A320 or 737 when most jobs want type rated and 500 hours on type, that is worth bearing in mind when going for flybe or easyJet.

BVB, that's exactly what I was talking about. It is not possible to live in UK and pay back the loan at the same time with that salary. I think that this programme is perfect for someone who does not need to request a loan, but for the others...

BAe 146, I agree partialy. Multi Engine, multi crew flight time (even if not PIC and turboprop) is gold. Enough to enter the loop in my opinion. In addition, the funding required for the Flybe programme is much less (about half) than the Easyjet programme.

As I usually do I will buy some kg of ice cream, sniff.....

BVB, What is the £396 per month salary sacrifice in your calculations? Personal sacrifice?

Reeko, since FlyBe pays part of your training the salary is reduced during the first years, that's the sacrifice.

Thanks Mackoi, so in essence your looking at circa £3-500 left for 'living after rent (depending on how much), pension, repayment of training and repayment of loan of circa £66,000.

Not much indeed... Wheres that ice cream Mackoi :(

Strawberry cheesecake is ok for you? :}

After talking with former CTC cadets (now employed) I have to say that you'll need more than those 66k. If you need few more hours to be ready for a flight test or if you fail a test you may need few thousands more. Also you have to consider your commuting needs during training (car and so on). Or even to pay part of the TR although it was suppossed to be included. Yes, let your imagination fly. xxx___DDDDD Sorry for raining on your parade, but I prefer to be realistic and be warned about the odds.

Others have answered exactly what I was thinking, I'll be avoiding and it looks like others will be too ...