Ryanair Sponsored Type Rating
 

https://www.cae.com/civil-aviation/a...g-type-rating/

Things must be getting tight in FR for this about turn!
Wonder how much the co-jo ends up on ?
Good luck to em all.

Interesting news! Ryanair's shortage of pilots must be beginning to bite, the 5-year bond is evidently the big selling point from their point of view.

Whatever their reasons though, it's excellent news for cadets. IMO this scheme puts Ryanair into the league of "respectable" employers of cadet pilots along with Aer Lingus, Jet2, Flybe and a few others.

Never thought I'd be saying this, Ryanair are now offering a better deal to cadets than BA! Maybe BA recruitment should reflect on that....

has the bit about having the first series CPL and IR also gone??

I must say it is a nice surprise, I woudn't have to turn down the offer couple of months ago if this scheme were in place.
However I'm very curious about the conditions and the contract, a real improvement would be the end of contractor status, but I'm pretty sure that won't happened unless hell freezes over.

Does anyone know what level of pay a cadet would be receiving during this 5 year period?

Over 700 cadets required per year for the foreseeable future. I was under the impression at the time of my opportunity that 29500E and 0 pay for many months was a step too far and financialy volitile! However; this new scheme seems to now be easily one of the best out there in Europe. High hours per year, oppotunity to MAX, a vast array of destination and bases alongside a competitive salary and great roster. @Sharklet7, I would assume the pay will be at a set rate for cadets now compared to hourly rate to offset their lost PROFIT they made on the TR.

Yes, Ryanair were taking a hefty hefty profit form each TR they conducted. Therefore I believe over the 5 years of your bond you will receive a lower fincanical income that those who were on the 29500 upfront cost. It would potentially allow them to balance out the lost profit they would have received if they still charged the 29500 upfront. Solely speculation!

is it the same application as the paid scheme? I failed the assessment back in June so I'm wondering whether I can make a new profile and have a 'fresh start'?

Due to the Passport/ID having to now be input you are unable to delete or make a new account.

I know various people who have been called again within 12 months of the failed assessment. As long as you keep your documentation up to date there is a high chance youll be recalled.

From speaking to a mate at Ryanair this morning. It seems the real cost of this new deal is a 10 euro per flying hour net cost to the employee. You only have to run the figures (based on circa 800 flying hours per year) to work out that this isn't a great deal. The new pilot will end up paying far more (in the long term) than he/she would've done under the previous arrangement.

I asked the question about how they can possibly bond freelance contractors, and was told that under the new deal the pilots will be actually be employees, but NOT employed by Ryanair. Apparently they'll be employed by a company called Bluesky Resources.

My friend has had sight of this new contract, and described it as being dreadfully punitive. One to avoid, unless you've no other option.

I really don't think so, you signed, you paid, you're screwed

It is NOT possible to switch if you already paid your TR.

is that official and if yes where did you get that information?

In the email they sent as they said:
“If you have already paid for the course please contact CAE who will be happy to talk to you about the new option.“

I think this scheme should be targeted at guys who have prior experience in an airline, as had been mentioned, maybe the turboprop guys who actually know how to fly an aircraft would benefit from this option, then it would be fair to all.

I.e. if you have 1000+ hours in an airline they we want you and we'll cover your training costs

I disagree this should only be targeted at people who have over 1000 hours for 'fairness'.

Life is not fair and whilst i do feel for the guys who have recently paid they went into this eyes wide open. Ultimately they will be free to move on if they want once they have sufficient hours to better jobs where as the bonded guys and girls wont.

The other side of the coin is up until now it has been unfair because it excludes many people based on not being able to raise the 29500 euros ;-)

Ultimately if we want the industry to move away from putting the cost of all training on the pilots and as such allow the profession to be more inclusive and not bent towards those with the ability to pay we should be thankful for every move towards that utopia.... and this is a move in the right direction.

hey guys.
I was at the assessment today and the guy confirmed when I asked that with the new contracts, cadets will directly be employed by Ryanair.

Very interesting. Thanks...

I got it direct from HR.