Egnatia flight college
Join Date: Feb 2006
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Loooong Haul
Could not agree more, the "pay as you fly scheme" is what we run, if people wish to pay in advance, that is there choice, you will not be penalised for paying as you go.
Dave
Could not agree more, the "pay as you fly scheme" is what we run, if people wish to pay in advance, that is there choice, you will not be penalised for paying as you go.
Dave
Join Date: Nov 2005
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Completely agree that pay as you go is great but its only half the battle. Nobody wants the hassle of transferring training records or countries and licencing authorities for that matter should the unthinkable happen.
Join Date: Feb 2006
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As already mentioned, in today’s market ANY school is vulnerable to market forces and may go bust, even the big established shiny schools.
We can only offer people what we have got, as can all schools, no business has intentions of going bust, but it can and does happen.
A new school has strong initial financial backing as a contingency should students not come straight away, an established school relies on a steady flow of students, who is more susceptible to financial pressures then should students not walk through the door?
I would say do as people have mentioned, go see whichever school you fancy, talk to staff/students there, and then make your own decision.
Egnatia is here to stay.
Dave
FI, Egnatia
We can only offer people what we have got, as can all schools, no business has intentions of going bust, but it can and does happen.
A new school has strong initial financial backing as a contingency should students not come straight away, an established school relies on a steady flow of students, who is more susceptible to financial pressures then should students not walk through the door?
I would say do as people have mentioned, go see whichever school you fancy, talk to staff/students there, and then make your own decision.
Egnatia is here to stay.
Dave
FI, Egnatia
Join Date: Nov 2005
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I actually agree with some of your points although not your financial logic which is way off the mark. My experience of start up businesses as a whole is that they are generally under financed. Show me a business where the owners are willing to front up with enough cash to sit on their hands for a reasonable period of time bleeding cash with little or no custom coming in. It just doesn't happen.
On the other hand a mature business is generally in a much stronger position. It has an existing customer base, benefits from word of mouth and possibly repeat business. It should be generating sufficient positive operating cashflows which accumulate over time to yield a healthy bank balance. In dry times this gives them a buffer to pay the overheads and keep the creditors at bay.
I agree that the big shiny schools are just as susceptible to going under as your school. The big difference is that they have an established position in the market and a brand name. Some would say their brand value is synonomous with certain qualities expected in top notch pilots others (generally those who didn't train there) beg to differ. A large portion of their capital outlay has already taken place over the years resulting in a lower annual spend whereas in a startup situation you will appreciate it is a highly cash draining time. The upshot of all this though is that there seems to be a never ending stream of business that are happy to pay their prices and in return enjoy these supposed benefits. Thats where they can be distinguished from a start up.
The point of all this is that with a history of trading it is relatively simple to get "some" comfort (note the some) over the financial security of a business concern. With a start up you don't get that unfortunately even with fuzzy logic.
On the other hand a mature business is generally in a much stronger position. It has an existing customer base, benefits from word of mouth and possibly repeat business. It should be generating sufficient positive operating cashflows which accumulate over time to yield a healthy bank balance. In dry times this gives them a buffer to pay the overheads and keep the creditors at bay.
I agree that the big shiny schools are just as susceptible to going under as your school. The big difference is that they have an established position in the market and a brand name. Some would say their brand value is synonomous with certain qualities expected in top notch pilots others (generally those who didn't train there) beg to differ. A large portion of their capital outlay has already taken place over the years resulting in a lower annual spend whereas in a startup situation you will appreciate it is a highly cash draining time. The upshot of all this though is that there seems to be a never ending stream of business that are happy to pay their prices and in return enjoy these supposed benefits. Thats where they can be distinguished from a start up.
The point of all this is that with a history of trading it is relatively simple to get "some" comfort (note the some) over the financial security of a business concern. With a start up you don't get that unfortunately even with fuzzy logic.
Join Date: Feb 2006
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I understand and agree with several of your points, and do understand where you are coming from with regard to most new businesses, however, I do know the owners of Egnatia well, and know the commitment and financial backing they have, that is where my statement came from.
I guess we will agree to disagree and let time tell? Please feel free to call into Egnatia and visit, you can get a better picture of a company in 2 minutes once there than hours of studying brochures and chatting on forums.
Dave
FI, Egnatia
I guess we will agree to disagree and let time tell? Please feel free to call into Egnatia and visit, you can get a better picture of a company in 2 minutes once there than hours of studying brochures and chatting on forums.
Dave
FI, Egnatia
Join Date: Mar 2006
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Egnatia Information
Hi
I'm a current student at engnatia, been here just over two weeks now.
Not sure what exactly yo are looking for but i'll give you any info I have about the school.
The school in very new, only started few month back but the structure is very good, instructores are experienced and very good. school staff are very nice and will go out of their way to help.
The syllabus is JAA and we follow UK material so nothing different than Uk schools there!
The school building is newly renovated and very modern, WiFi for student also available.
Fleet is DA40-TDI and DA42 all very modern not more than a few years old, well the DA42 is brand new, just arrived on sunday.
The prices are great, cheapest you would get in Europe. and we have just found out we dont need to pay the VAT as advertised on the website.
location is fantastic, great weather, friendly locals etc
any questions just ask!
I'm a current student at engnatia, been here just over two weeks now.
Not sure what exactly yo are looking for but i'll give you any info I have about the school.
The school in very new, only started few month back but the structure is very good, instructores are experienced and very good. school staff are very nice and will go out of their way to help.
The syllabus is JAA and we follow UK material so nothing different than Uk schools there!
The school building is newly renovated and very modern, WiFi for student also available.
Fleet is DA40-TDI and DA42 all very modern not more than a few years old, well the DA42 is brand new, just arrived on sunday.
The prices are great, cheapest you would get in Europe. and we have just found out we dont need to pay the VAT as advertised on the website.
location is fantastic, great weather, friendly locals etc
any questions just ask!
Join Date: Mar 2006
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If you hold a PPL already you can start the ATPL ground school every two months
the next start date is 11th of september, and yes it is about 6months in total excluding two weeks christmas holidays.
the next start date is 11th of september, and yes it is about 6months in total excluding two weeks christmas holidays.
Join Date: May 2004
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Im interested in the 2007 schedule .. pref. January ...
hope they start at the end of the month in January.
How many students are attending the school as we speak? and how many are expected starting Sept?
hope they start at the end of the month in January.
How many students are attending the school as we speak? and how many are expected starting Sept?
Last edited by GrkPilot; 22nd Aug 2006 at 12:33.
Join Date: Apr 2006
Location: London
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Modular in Greece?how liable?
Well,the last few days I've been looking at the Egnatia web site,and I've contacted the academy regarding the ab initio programme!I've thought it was an integrated training,they call it "structured modular"!now my Question is,to anyone who knows by experience,how likely am I to come back to the UK after attending this program,and get a Job in a major UK airline such as BA,been myself a low hour cadet from a brand new academy that they probally dont know much about and finaly,from a "structured modular" background??Honestly I quitte like what I saw on the site,new aircraft,good facilities,weather is fine as I've been to Greece before and the financial outlay is really atractive,but should I leave my job as an Cabin Crew for British Airways,leaving all the benefits we have knowing that after the 18 months I'll strugle to get a job because is written "modular.." in my cv,plus low hours,and not the"OAT" logo in my performance reports??do you think the airlines here will consider the fact that I'll finish my modular training at the same pace and consistence of an integrated course elsewhere?
Join Date: Feb 2006
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Classic modular Vs Integrated question that has been beaten to death on PPRuNe for many years?
Difficult to answer anyone’s fears on this, guess it's down to personal preference? If you do the course integrated does this mean you are guaranteed a job?
Good luck with your decision.
EI
Difficult to answer anyone’s fears on this, guess it's down to personal preference? If you do the course integrated does this mean you are guaranteed a job?
Good luck with your decision.
EI
Join Date: Aug 2006
Location: london
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If you do the course integrated does this mean you are guaranteed a job?
Anyway, how long does it take to complete your 0-fatpl course? and i have noticed there is no MCC offered? so i will have to complete this once i get back to the uk if i choose to attend....
Join Date: Jul 2006
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hi, how difficult would it be to get a jet job in the UK with the likes of ryanair or easyjet after graduating in greece?? also where would you do your MCC and type is you had to? would there be a need of conversion? would airlines look less favourably at a candidate who got his license in greece?? I have looked into oxford and done my assessment there and really liked it, but as your all aware it is very expensive and i dont wnt to strain myself with such a substantial loan and possibly having to take a further loan for a type. thanks
thanks
thanks
Join Date: Mar 2006
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job after egnatia
Hello Aftab
I had a very similar delima like urce I've been to oxford and liked it very much but i decided to come to egnatia instead.
As regards to the licence you get, its jus as good as a UK becasue its a JAA, some airlines might look down at you just because they dont know the school e.g. the likes of BA
but i'm sure egnatia will start to build up its reputation, even though it is a new school it has few IR,CPL students who will finish within the next few months and they can give the airlines an idea of how good egnatia is!
If you dont aim too high, I mean aim for the likes of easy jet or ryanair for your first F/O job, what you can do is apply to the likes of PARC aviation or www.bfsaa.se or even CTC for your MCC and then if you do well they will help you get an interview so they get your Type rating business
good luck whatever you decide to do.
Noor
I had a very similar delima like urce I've been to oxford and liked it very much but i decided to come to egnatia instead.
As regards to the licence you get, its jus as good as a UK becasue its a JAA, some airlines might look down at you just because they dont know the school e.g. the likes of BA
but i'm sure egnatia will start to build up its reputation, even though it is a new school it has few IR,CPL students who will finish within the next few months and they can give the airlines an idea of how good egnatia is!
If you dont aim too high, I mean aim for the likes of easy jet or ryanair for your first F/O job, what you can do is apply to the likes of PARC aviation or www.bfsaa.se or even CTC for your MCC and then if you do well they will help you get an interview so they get your Type rating business
good luck whatever you decide to do.
Noor
Join Date: Feb 2006
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You can convert the HCAA license to a UK issued one should you wish to with ease.
http://www.caa.co.uk/docs/33/FORSRG1136.PDF
EI
http://www.caa.co.uk/docs/33/FORSRG1136.PDF
EI
Join Date: Jul 2006
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No VAT????
Captain N,
In one of your earlier post you mentioned that you don't have to pay VAT. Can you expand on this? Are you telling me that I can do the course for £30K including accommodation?
In one of your earlier post you mentioned that you don't have to pay VAT. Can you expand on this? Are you telling me that I can do the course for £30K including accommodation?
Join Date: Apr 2003
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Ballistic: there are some European countries (Denmark, Greece, Spain come to mind) where flight training is not subject to VAT. Unfortunately, the UK is not one of them 
!
Cheers
! Cheers