Virgin MPL 2017
 

Noticed that the new Future flyers scheme opened today.

Good luck to everyone.

Just looking at the details on the CTC website, looks pretty standard. Good luck everyone!

Do Virgin Atlantic guarantee the loan from BBVA like in the BA FPP?

Or do you have to get it yourself?

Thanks

Looks like last years. Does anyone know of anyone enrolled in last years?

what do salaries look like starting at virgin? Its good to know, especially if one is taking out a loan..

If those attending the CTC information event today are willing to share some extra information on the scheme that would be superb :)

Does anyone know if I can apply even though I failed at the last stage of EZY MPL with CTC last July?

You can certainly apply yes !!

Limitations are only airline specific, like you can't launch a 10th application to the same airline.

Good to know, thank you!

Thanks Jordan. Much appreciated.

Looks like there's no mention of underwriting the loans this year?

Did VA mention this at the CTC open day?

9 Yr Bond Repayment?
 

Looks like the bond is paid back over 9 years. Isn't that a change from previous years? I thought it was 7.

Hi all,
I have been hanging out on PPRuNe for a while, but this is my first post!

I attended the event at CTC today, was really good to meet other cadets from current courses including the Virgin MPL. To be honest, the deal is very similar to previous years - Virgin Atlantic will act as guarantor if you need the extra help - this was confirmed by Captain Simon Crook (Deputy Head Flight Operations Training and Standards at Virgin Atlantic).

In terms of likely salaries, the number I was quoted after completion of training is £24,000 - this doesn't include the bond repayment which would be on top of the salary. It also doesn't take in to consideration the loan repayment. I am still trying to work out a likely 'take-home pay' figure... I doubt it will be glamorous, but if I am sat in the right seat I won't mind! I could be quoting wrong but I am pretty sure they said by year 7 your salary will be up to approximately £66,000.

Good luck to all that apply... may the best 12 win!

@stupotk

"I could be quoting wrong but I am pretty sure they said by year 7 your salary will be up to approximately £66,000."

I would be hoping after 7 years you would have already been upgraded.

A regular FO at Virgin gets around 60k. So does anyone know how long one would remain sitting as an SO?

Really hope that £24k is not the starting salary, that would be very bitter with the repayments

Just submitted my application today, wish everyone the best of luck!

The £24k salary is definitely what was quoted for when you would start, but as I said it doesn't include the repayment of the security bond (so that's 'approx' £15k extra per year).

The loan repayments will be completely separate and I am not sure how much that will be each year.

Excluding cadets, a year 1 Direct Entry FO gets £70k!

Is there any published information regarding Virgin acting as a guarantor should you require it?

I am yet to find anything published to be honest, but at the launch event yesterday they did say they would act as guarantor if needed. As they haven't put anything on the website, you may wish to email them to confirm...

Are they only looking for British applicants? Being Portuguese, I'm afraid they will prefer native speakers instead of me, although my English is quite good. What do you think?

I applied for the QR program last week (still haven't received any news and I'm expecting it to take a while) but I'd prefer this one, since with qr the license is issued by QCAA. Can I apply for both and see how far in the selection process i go, or do I have to choose one?

I've an application also open for the EZY MPL so wondering how this works too.

I know that the first lot of VAA cadets start on £30k for the first 7 years.

£30k plus the bond repayment or just £30k? Financially qr is more attractive... And what about being a non native speaker, do you think that will be a problem?