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What would you do?

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Old 4th Jul 2012, 12:07
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What would you do?

I'm 25yo kiwi living in Australia currently earning ~150k/pa in a mining job (love the money, hate the job). I've got 7hrs in my log book (5hrs actual training and 2hrs due to long gap between flights). Flying for a living has always been the dream and I've decided to give it a serious crack now but I'm a bit confused as to the best way to go about getting it done.

Would you:
a) pay as you go and get it done on time off - I work 9/5 roster. Based on my living expenses this would take me about a year to get 200hr CPL with a MECIR through the place I did my previous flying in Adelaide.
b) Save up the coin and do it all in one go on a fulltime course back in NZ. I'll stay in my current job (assuming contract continues) until I've got the coin up, again approx 12mths time to get the $$ up.

I have a girlfriend in tow (looking serious), and I'm determined to get my training done without getting into debt. She wants to move back to NZ in the next couple of years so AirNZ/link will be the midterm goal. Am I better off doing my training in Australia now or should I save the coin up and take advantage of the exchange rate and do my training in NZ.

How tight is the job market it in NZ? I saw recently that apparently instructors are in demand, but i can't find any jobs being advertised so I'm assuming that if that is the case that schools are pulling from their own ranks?

Do pilots in NZ have an 'award' agreement like in Australia or am I looking at going back to minimum wage as an instructor/GA pilot?

Also, what are peoples thoughts on the ANZ Aviation Institute FTO program - worth the extra time in school, or grind out my CPL and ratings and get on with the job and just build the hours and go the more 'traditional' route.

Sorry, lots of questions. I read through the DG&P forum as much as possible and searched re: training in NZ but couldn't find the answers I'm after.
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Old 4th Jul 2012, 12:26
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Mate if I were you I would stick it out in the resources sector. Sure get your PPL, CPL, MECIR, IR or whatever else you feel like. At the end of the day, you will find it a lot less stressful and more enjoyable doing the flying that you want to do for leisure rather than being the lowest paid person an an aircraft full of feral bogan miners.

Last edited by YPJT; 4th Jul 2012 at 12:45.
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Old 4th Jul 2012, 12:27
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If you're serious about aviation lose the girlfriend. Harsh, but I'm sure there are plenty that would agree.
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Old 4th Jul 2012, 12:39
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Honestly, you've already broken rule one in aviation. Get the job of your dreams first THEN get the girl of your dreams. If you get the girl first dream job just won't happen, life gets in the way... "I want to move back to NZ"

If this is the girl you're going to marry... just stick with a job like you currently have - one that lets you fly for fun on weekends.

If you like we'll even tell you things like "It's not as much fun when it's your job" to make you feel better and suggest things like aerobatics, formation and tailwheel... which few of us get to do as a job.
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Old 4th Jul 2012, 12:40
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Haha, the guys at work have said the same about losing the missus, but so i can buy a house.

I've got friends from school that have gone about 'getting there' in a variety of different ways - one is second year FO on the B1900, one I has just left a GA job out of the Hawkes Bay to fly for ANZ (I think), one has started flying SO with CX on 747's for pittance and the other is up in PNG. All of them are loving it, unless they are lying, its what they/we all thought it would be, just without as much pay as we expected!
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Old 4th Jul 2012, 12:44
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If I were you, I'd keep at the mining and buy the biggest, baddest kick arse aircraft I could afford!
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Old 4th Jul 2012, 12:50
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You have to make a few lifestyle choices first.
You either decide to follow you heart, be poor for a while, and look seriously at being the single man about town. I will say it's fun for a while but eventually gets pretty lonely and you will probably wish at some point that you'd stuck with what is good on the girlfriend side of things.

In your position, id keep making the bucks, and if instruction is something your into, move into that part time while you work towards twin/ Ifr etc.
You will get to a point in a few years where you will have the best of both worlds and be able to make a choice. This path is the long road time wise, but means you get to keep your life..

Depending on your free time I think a year whilst working full time is a stretch but if your a FIFO could be possible.

Go have a look at the award for pilots. If your still keen, you may have the required ability to ignore reality and get it done.
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Old 4th Jul 2012, 13:01
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I started at 26 years of age, with wife and 2 kids. 29 years later I have no doubt that had I gone the part time route, I'd have not got through, or it would have cost a lot more in time & money, than the 9 month full time CPL course I undertook.
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Old 4th Jul 2012, 13:31
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There will be a wide range of answers so you will have to treat them as suggestions.
I would be putting to you that you should stick in the money job for now. Do some recreational flying on the days off if you like.

Flying in NZ would be the go. I would even consider buying an aircraft, Tomahawk or Cherokee 140 or similar could be considered.

I would even consider popping a few of the exams while you are at it. Committing to a CPL course would only be worth it if you went on to a flying job.

Life may be just as pleasurable with a PPL and flying your own aircraft, - when you feel like flying....
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Old 4th Jul 2012, 14:37
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If you saved some of that money then you could make it work (but don't expect to have much of the savings left when you start making a reasonable wage again).

For you the cost will be:
  • the actual outlay of money for CPL and MECIR +
  • the lost 100% income over say 1 year of training
  • the loss of the difference between your pay of $150K and about $35k - $45k over about 5 years (give or take)
Off hand you're looking at
  • $70k+
  • $150k+
  • [[$150-$40] x 5]
Which gives a very scary figure of about $770k cost to you over a 6 year period. Of course the figure is scary because you are raking in a FIFO wage and you'll save a heap on tax (even after accounting for your zone X if you get it now... not that anyone should choose a career based on tax brackets). BTW if you were on say $100k that 'scary' figure would be $470k loss over 6 years.


It can be a very rewarding career though.


Food for thought.


FRQ CB


PS It is possible to do this with a VERY understanding partner.
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Old 4th Jul 2012, 22:18
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I think quite a few would be envious of yr current situation to some degree but the G/F thingy??.....as mentioned here lose the G/F their only good for two things,one of which I can't recall right now Also go out into a busy street & the first girl you bump into going round a blind corner('cause luv is blind) buy here a house & get it out of yr system early
As for the flying, well only you know what's best for you, no one can be you but if you need to be told what to do then you don't belong in a plane as a driver.

Wmk2

Last edited by Wally Mk2; 4th Jul 2012 at 22:20.
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Old 4th Jul 2012, 23:07
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Haha, the guys at work have said the same about losing the missus, but so i can buy a house.
She's the wrong type of girl or you have a spending problem if you can't afford a house on that sort of money

Remember you won't ever earn that sort of coin in aviation until you become a capt on a Jet. Realistically that sort of money is 10+ years away or if you chose to fly for a NZ airline you will probably never see that sort of pay cheque ever again.

If you were going to do this damn silly thing, then save up and do it in one go.

And remember you don't get into flying because you want to be rich.

Last edited by neville_nobody; 4th Jul 2012 at 23:08.
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Old 4th Jul 2012, 23:13
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...if you need to be told what to do then you don't belong in a plane as a driver.
Ain't that the truth.

1/. to succeed in Aviation you must have a burning desire to succeed and a strong faith in yourself. This will see you through several years of crap.

2/. If you have 1/., then it's simply a question of how and when you juggle your finances to achieve it.

3/. If you have 1/. and commit to 2/., and the uber-chick doesn't like it, you were doomed to either split up - or to stay together, but wondering if you could have made it.

Life is short. If you're 25, your life is already 30% over.

ps: I left mining to get back into flying. Flying is better.
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Old 4th Jul 2012, 23:39
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Definitely option (a).

When you've finished you could look at joining the FIFO industry and drive your former colleagues to work.
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Old 5th Jul 2012, 02:56
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I know what I would do (if I were in my mid-20's all over again): On the kind of coin you're earning, invest in real estate like a man possessed!

I know a number of people who are pulling close to seven figure incomes per year, all from using smart property investment strategies. Some them have been able to retire by their mid 30's, although they tend to get bored & start looking for more ways to make money again.

Not saying that flying hasn't been good to me over the years, but I paid too high a price to achieve the dream, & now I'm 40-something with all my skills, experience & proverbial eggs in one basket. As one gets older, one starts to feel more vulnerable & exposed to the concept of having a skill that is totally useless to anyone outside of a cockpit.

I sure wish I was earning the kind of serious money that you're on when I was your age - but then I probably would have lacked the maturity to be smarter with it.
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Old 5th Jul 2012, 05:19
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Its not all certainly negative,

I left the mining industry after 6 years to instruct and i enjoy it a lot. I have no idea where id be right now if i had taken a cadetship - so i cant comment on that.

The cash reality is that the wage in GA is unsustainable until you become chief this or that. To supplement my income I still work a second casual job. And that's in the mining industry. Its difficult to juggle the two but not impossible.

It is also still possible to get the girl, nobody had mentioned that you may have a supportive one on a good income, they can be a pretty good backup. I have never had to rely on mine for cash, but to buy a house in Australia without one...

Definitely have a plan to leave the mining industry, YPJT's uncouth bogans are usually the ones who stayed on too long, it doesnt have to be flying to be involved in this industry, I hear a LAME is well paid and sought after. The tens of thousands spent adding hours and a CPL to a PPL instead saved, could see you living large on an apprentice income for a few years.

Regards
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Old 5th Jul 2012, 06:33
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Hey forget half the advice above... only you can decide about your girl etc. But with flying what is more important is to choose a quality school and instructor.

Fly as often as you can and as soon as you can!!! Putting it off until you save the money to do full time only puts you further down the track... and in the end miss opportunities in the future when they come along.

Read extensively, hang around airports/flyers etc on your days off, ask lots of questions and you will be surprised at the opportunities!

Use your cashflow NOW to get the career you want because in the future you may not have the opportunity... kids, mortgages or other priorities will rob the opportunity....

Enjoy the ride... and don't give up, aviation is brutal on those who don't put in 100%!

Last edited by hiwaytohell; 5th Jul 2012 at 06:38.
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Old 5th Jul 2012, 06:49
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the next eight years will be the best of your life.

After 33 it's all downhill...

Carpe Diem..
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Old 5th Jul 2012, 09:21
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I would bank as much as I possibly could for the next three years then reassess.
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Old 6th Jul 2012, 05:53
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Your 25 and have the benefit of youth (compared to most others).

I'm 43 and I'm doing reasonly well - career in law, house, wife, 2 kids, etc.. the whole domestic nightmare (and enjoying most of it).

I regret every day that I didn't continue with my flying in one form or another. I'm still considering throwing it all in to get a gig as a charter or regional or maybe aero med.

We are here for a very little period of time. Do want you want to do.
If you have a burning desire to be a pilot - do it.
Don't worry about the money, poverty, women, property, children, education etc.. - that will all fall into place. Everything is a compromise.


My advice:
(i) Keep working in the mining gig to finance your flying to frozen ATPL;
(ii) Keep out of debt;
(iii) Search for opportunities in aviation and take whatever you can;
(iv) Don't commit to a relationship unless she (or he as the case may be) is 100% supportive financially and willing to move;
(v) Do it becasue that is what you want to do. if you disciver that being a pilot is not what its all cracked up to be, find another vocation (preferably not the law) or move back into mining.
(vi) Don't be dissuaded by the incidence of difficult or ar5ehole people in the industry. I can assure you that the incidence of ar5ehole and difficult people is consistent accross almost all industries and employment, unless you want to become a buddhist monk.

If you don't have any other competing commitments, passions or desires, then you have nothing to lose except a bit of time and money.

Last edited by PaulDamian; 6th Jul 2012 at 05:54.
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