For those who were successful at the assessment, couldn't afford the TR and therefore unable to complete TR within the 6 months time frame, do you think RYR would reconsider the application ?

yeah, I got the mail from cae as well telling me that we cannot switch. great :hmm:

Is the apc program without MCC still valid?

Yes Cavoski.
I have some more infos.

5k TR with 5y bond. 5k per year if you want to leave earlier.

6 months contract from the base training : 21.000 £ per year.
After these 6 months unlimited contract of around 64.000£.
29 days annual leave

So what does that mean?

Dear Theo. P!

Do you have any direct contact to the APC? I have already approved by Ryanair but McGinley Aviation told me that this program is no longer available.

Thank you in advance.

Where did you get this information from?
Are you saying once type rating received you will start base training for 6 months, this will be based on €/£21,000.00 salary.

Where does the figure of £64,000 come from?

From a Ryanair staff.
I saw the "FAQ" with all the details about this new contract.

One you are successfull at your base training, you ll start a 6 month contract paid 21k a year. Then is line training successfull, you ll be offered the real contract

Tbh it all sounds pretty good, however, i still see both pros and cons about each program.

Wouldn't you earn ALOT more if you do the self-sponsored program? then you can deduct alot of your expenses over time? So if you can afford the typerating, wouldnt it be a way better deal than the bonding? or what do you think? I really hope you will help me with this decision. Thank you guys and girls :)

not quite... since you will get the full RYR contract after line training. no reduction in salary. So you will get the 21k basic even when you have to wait a couple of months after base training before commencing line training. Previously for contractors this would be a period of time without income. All these financial barriers are significantly reduced with the new program. You will get approx 2k a month, even when there are delays between base and line training. Furthermore no large upfront money is required to get in. If you decide to leave earlier you still can... you just have to pay the remainder of the bond which will be a fraction of the 25k, depending on when you leave.

No sorry !
But at my assessment the assessor was still talking about the APC so I assumed it was still available. Not sure about it ..

Thank you for the answer mate!
However, let's say that after 2-3 years, then being on the self-sponsored you would earn more, right? Due to your company paying a lower tax rate than being employed by Ryanair?

:ok: Might be the weakest spot on the new contract, won't be surprise if they do

Do we know if this new contract will be a salary or if it will be based on hours flown? Thanks

Hi Theo, where did you find the FAQ? is this something that is available?

Just to confirm you will be paid £21,000 during base and line training? Thanks

It will have a salary component, however as with the current Ryanair contracts it will be heavily weighted towards productivity so hours flown will also have a large impact

Hi Theo.P,

I passed the APC assessment in February and planned to start in end of April with APC. Actual no contract is signed. Do you know whats going on with the guys who passed the assessment for APC but stil do not have any contract signed ?

Or anyone else knows about this situation ?

Cheers

doing the self sponsored type rating does not make ANY sense anymore... even if you want to avoid being bonded... well bonding is nothing more than that you have to pay a remainder of the bond when you do decide to leave.

there is no salary reduction for the bonded scheme... So let's do some maths in case you want to leave after 3 years.

bonding scheme: you'll pay 5k upfront.... after 3 years you will have to pay another 10k for the remainder of your bond, total of 15k

non bonded: you'll pay 30k upfront. And you won't get anything back after you leave after 3 years.

So even if you leave after 6 months (why would you do that anyways...) it will still be cheaper to be on the bonded scheme.

Is it actually legal under HMRC rules to claim the cost of a type rating back? And aren't HMRC starting look at these 'self employed' contracts as you do not meet any of the criteria set out by HMRC for being able to class as self employed.

In addition, HMRC are investing this tax dodge and sooner or later it is likely to catch up with people

Get in contact with the company who sent you the email regarding your successful assessment. Tell them the situation and ask about this new program.