Should you wish to live in Blighty.....
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Join Date: Aug 1998
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Join Date: Feb 2004
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I find the finance details quite interesting. It seems almost pleading to get the 84,000 deposit,....and maybe if you qualify in the end once you are online, they will pay you back in seven years time, monthly installments. Who in there right mind now, will have 84,000 pounds to beg, borrow or steal and maybe have a job at the end of it. The joys of aviation...
fluffy5
You need to stop that speed reading and concentrate on the details again.
This is a highly tax efficient way of sponsoring new pilots who haven't got this kind of money.
You need to stop that speed reading and concentrate on the details again.
This is a highly tax efficient way of sponsoring new pilots who haven't got this kind of money.
?
Reading is your friend...
So any EU citizen would be eligable, as would anyone able to hold residency in the UK.
AFAIK the only airline in Europe that puts up hurdles to non-native EU citizens is Air France, who require fluent French.
You must hold a valid passport, have the ability to travel globally without restriction, and also have the right to live and work in the UK.
AFAIK the only airline in Europe that puts up hurdles to non-native EU citizens is Air France, who require fluent French.
Join Date: Aug 2007
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ETOPS, sorry, but I agree with Fluffy & don't understand your point. Tax efficient for who? BA or the Student ? My aspiring Son does not have the £84000. How does he get it ? Oh, don't look at me kiddo ! Try getting a loan in the high street for anything (!). Look, most people do not have this kind of dosh, up front, and will have difficulty getting it, if at all. So, this scheme does not address the problem of financing Ab Initio Pilot Training.
BA and others, way back in the 60's, DID get it right with the fully sponsored training schemes. I was one of the lucky recipients. BOAC/BEA (the forunner to BA) paid one third. The (now named) CAA paid one third & the Cadet paid one third but only after full completion of the Course. That last one third was taken in monthly instalments from salary after completing Line Training ! Fabbo eh ? Cadets were also funded while undergoing training by obtaining a Local Education Grant. This led to the establishment of the once mighty and well respected College of Air TRaining at Hamble in Southampton. Other Companies, like Cambrian Airways , Northeast & BUA had their own schemes where the sponsoring company paid the two thirds (CAA not involved) and again, AFTER line Training, cadets repaid the one third,( I didn't even feel the repayments).
So, that DID address the funding problem. Why is it that Companies, awash with funds (oh really) cannot embark on these correctly funded schemes again. Why can't they group together, establish a Pilot Training Acadamy (like Hamble) and outsource graduates in relation to investment.
This new scheme asks a lot of the candidate (as before) but adds a, 'oh by the way, also, £84000 in cash, up front, will be required" !!! Kills it for my son & many like him.
Fluffy did not speed read. He just got it right.
BA and others, way back in the 60's, DID get it right with the fully sponsored training schemes. I was one of the lucky recipients. BOAC/BEA (the forunner to BA) paid one third. The (now named) CAA paid one third & the Cadet paid one third but only after full completion of the Course. That last one third was taken in monthly instalments from salary after completing Line Training ! Fabbo eh ? Cadets were also funded while undergoing training by obtaining a Local Education Grant. This led to the establishment of the once mighty and well respected College of Air TRaining at Hamble in Southampton. Other Companies, like Cambrian Airways , Northeast & BUA had their own schemes where the sponsoring company paid the two thirds (CAA not involved) and again, AFTER line Training, cadets repaid the one third,( I didn't even feel the repayments).
So, that DID address the funding problem. Why is it that Companies, awash with funds (oh really) cannot embark on these correctly funded schemes again. Why can't they group together, establish a Pilot Training Acadamy (like Hamble) and outsource graduates in relation to investment.
This new scheme asks a lot of the candidate (as before) but adds a, 'oh by the way, also, £84000 in cash, up front, will be required" !!! Kills it for my son & many like him.
Fluffy did not speed read. He just got it right.
Join Date: Aug 2000
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Well I, for one, certainly wasn't born with a 'silver spoon in my mouth', indeed I don't even remember having a spoon (queue the 'Yorkshiremen' sketch)... and therein I can attest that this was not easy an easy club to join, and that it was much to do with sheer bloody mindedness on my part (which probably accounts for why I don't take any **** from management... 'coz, to get where I am today, I paid my apprenticeship dues, and just who the fook are they?! ); Yep, it took me f'ing ages and I worked in all manner of jobs to pay for it; but get there I did, in the end !
I do however agree that for the last few years (certainly so since self-funded Type-Ratings became the norm for entry level jobs) that it's become a rich boys club... and that, in more than a few instances (when training these folk), it's become apparent that a number of them have joined the club more so due to them having the funds, rather than due to them possessing (much as I might hate the expression) the 'right-stuff' !
Whilst this new 'scheme' (scam? ) no doubt provides some good PR for BA, with an £84,000 entry fee, it will not help to level the playing field.
I do however agree that for the last few years (certainly so since self-funded Type-Ratings became the norm for entry level jobs) that it's become a rich boys club... and that, in more than a few instances (when training these folk), it's become apparent that a number of them have joined the club more so due to them having the funds, rather than due to them possessing (much as I might hate the expression) the 'right-stuff' !
Whilst this new 'scheme' (scam? ) no doubt provides some good PR for BA, with an £84,000 entry fee, it will not help to level the playing field.
It beggars belief that all of you are fixated on the candidates having thousands of pounds "up front" when the scheme clearly says that no money is required for any applicant.
Maybe you wouldn't be suitable..............
Maybe you wouldn't be suitable..............
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You can borrow the money on a secured basis, BA providing the security. That way anyone can apply, you DO NOT need £84,000 up front, but obviously you would have to pay the loan back.
Join Date: Aug 2007
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ETOPS; a little emotive. Hope you are not a candidate as English comprehension will need to be satisfied. Where does it say " no money requird FOR any candidate". I think you will have meant "from" but you really are deluding yourself if you think you can walk into this scheme with no money required. £ 84000 IS required, my friend, UP FRONT. BA does not care where you get it from and suggest, heplfully, that you might qualify for a BA guaranteed loan from an approved bank. Try getting that one. It will be subject to all sorts of conditions & creditworthiness checks.
Other costs are hinted at depending on Training Provider. Oh dear oh dear. This one heading down the pan !
BA have a cheek to suggest that they are "proud" of this "Fully Sponsored Scheme". It is not.
Line Rider, you got it completely correct.
Old King Coal; hearty congratulations. I once served on the Selection Board of an airline that did "fully sponsor" but, regrettably, only from the CPL stage upwards. We didn't charge a penny & took no repayments from salary. It was a pleasure to have interviewed many, like yourself. Although I was fully sponsored (even though I repaid one third) I have enjoyed flying with the self sponsored & (i hate the term) "self improvers". A class breed. And, yeah, keep kicking the Management !
Other costs are hinted at depending on Training Provider. Oh dear oh dear. This one heading down the pan !
BA have a cheek to suggest that they are "proud" of this "Fully Sponsored Scheme". It is not.
Line Rider, you got it completely correct.
Old King Coal; hearty congratulations. I once served on the Selection Board of an airline that did "fully sponsor" but, regrettably, only from the CPL stage upwards. We didn't charge a penny & took no repayments from salary. It was a pleasure to have interviewed many, like yourself. Although I was fully sponsored (even though I repaid one third) I have enjoyed flying with the self sponsored & (i hate the term) "self improvers". A class breed. And, yeah, keep kicking the Management !
Just to be clear, if you are considering applying to BA under this scheme click on the link shown in the OP and make your own decision based on what we have set out.
Don't be put off by the comments from others here - it's the usual Pprune noise we all love.........
Thanks for the compliment 
It was a long slog but worth it in the end.
Don't be put off by the comments from others here - it's the usual Pprune noise we all love.........
I have enjoyed flying with the self sponsored & (i hate the term) "self improvers". A class breed.
It was a long slog but worth it in the end.
Join Date: Sep 2002
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APL will sponsor your flight training, jet orientation course and type rating...
...be required to deposit a security bond of £84,000 with them
this entire £84,000 security bond will be repaid to you, tax-free, if you successfully complete all training, and join British Airways as a first officer.
There are a number of ways you can raise the funds to deposit this security bond, for example from your own finances, borrowing from family, or securing a loan.....
If you’re not in a position to secure an asset-based loan then you could be eligible for our British Airways guaranteed loan scheme...
If this is the case, our partner bank will run a thorough check of your credit history. Should this come back clear and you pass the Future Pilot Programme selection process, British Airways could act as your loan guarantor...
Please also think very carefully about exactly what is, and is not, included in the training course offered by each FTO. Please also think about where the majority of your training will take place, and setting aside some funds on which to live while you are undergoing training.
How long to command for a 50yo 777/380/340/330 captain leaving the ME to return home?
Will we be able to slip in at the appropiate seniority level versus our experience or will we have to mix it with a 21yo with a 100 Seneca hours?
When will my first free weekend become available?
So many questions?
