Oxford Aviation Training sold
Thread Starter
Joined: Jun 2006
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From: UK
Oxford Aviation Training sold
Looks like the rumours are true. Have just seen this on Flight Training News' website: Click here
Joined: Jun 2007
Posts: 60
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From: UK
GCAT Flight Academy and overnight became the largest flight training organisation in Europe and the third largest in the world.
but i seriously doubt people are happy paying in excess of £75K Joined: Oct 2006
Posts: 332
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From: Bristol
I wouldn't say i was happy paying oxford at all, but i'd like to think there will be something to show for it at the end. Like I've said before it is horses for courses to the Nth degree, if you look around, and it works for you, then go.
I'd like to think there won't be any big changes, but it's a business, and one that took about £18.5m last year (don't hold me to that). We can hope it has been bought as an ongoing concern and will stay as is, but who knows. They also have the airfield meaning its not just OAT that's on for a few changes.
Looking forward to hearing frm anyone who knows bit more than me on the subject.
Kind Regards
CR
I'd like to think there won't be any big changes, but it's a business, and one that took about £18.5m last year (don't hold me to that). We can hope it has been bought as an ongoing concern and will stay as is, but who knows. They also have the airfield meaning its not just OAT that's on for a few changes.
Looking forward to hearing frm anyone who knows bit more than me on the subject.
Kind Regards
CR
Last edited by captain_rossco; 21st June 2007 at 21:15.
Joined: Jun 2006
Posts: 561
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From: UK
OAT didn't make £18.5 Million last year. That was their incoming sales revenue (turnover). Only a portion of that would have been profit and probably a small portion considering the investments they have made in infrastructure over the past few years. Looks like ploughing the revenue back in paid off for them.
GECAT did not buy the airfield, though you can bet BBA PLC will sell it when the price is right. It looks like they are using the same strategy there: invest (new hangars, wider runway, ILS), improve revenue, sell on when they can.
GECAT did not buy the airfield, though you can bet BBA PLC will sell it when the price is right. It looks like they are using the same strategy there: invest (new hangars, wider runway, ILS), improve revenue, sell on when they can.
. Just a thought.Joined: May 2001
Posts: 141
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From: Room 249
Felix, put simply: they won't! What I would say is that on the basis that people are being scouted while they're still in Phoenix and invited to sim assessments before completing the course, the worst thing you can do if you're going to go and do flying training at some point anyway is wait around to see if you get a better deal. You won't. The market for us guys at the moment, from first hand experience, is good and if you have the ability and do well (ie, around the 90% mark for GS, which is the average at the moment as a rule of thumb) then you'll get a TR anyway. Very possibly even for free, as good numbers of people are discovering, again, from what I've heard from the guys who've graduated recently.
Joined: Aug 1998
Posts: 2,033
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From: London, UK
Funny how no-one has commented in this in the announcement:-
As virtually no UK airline is in the least interested in the MPL what market will they be aiming at?
OAT’s pro-forma revenues for the 12 months ended 31 December 2006 amounted to £18.4 million and OAT will become an integral part of GCAT Flight Academy. This deal will enable GCAT Flight Academy to further accelerate their implementation of the new Multi Crew Pilot’s License (MPL) training curriculum.
Joined: May 2001
Posts: 141
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From: Room 249
graham,
unfortunately having been using these forums for several years i have become cynical and used to being shouted down as soon as i post something, i can't tell whether you're asking genuinely or asking a question as in 'that's rubbish, who the hell conned you into believing that?', so apologies for the above if you are genuinely just curious!!!
got the information from:
1) the ground instructors
2) the students off courses ahead of me - the ones who WERE scouted
3) from the school
seems pretty solid to me!!
unfortunately having been using these forums for several years i have become cynical and used to being shouted down as soon as i post something, i can't tell whether you're asking genuinely or asking a question as in 'that's rubbish, who the hell conned you into believing that?', so apologies for the above if you are genuinely just curious!!!
got the information from:
1) the ground instructors
2) the students off courses ahead of me - the ones who WERE scouted
3) from the school
seems pretty solid to me!!
Last edited by cfwake; 23rd June 2007 at 10:52. Reason: not to sound so smart-arsey
Joined: Jan 2006
Posts: 44
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From: AZ
The thing is that after, like n90bar, 2 months (out of the 4 spent here at goodyear) we have seen no evidence of this being true. There havn't even been any rumers of it happening. Neither has it happened to any of the courses out here that are about to leave /just left.
It has happened in the past but I think that was the exception rather than the rule. If anyone has any infomation about it maybe you could get in touch with the staff here so they can pass it on to us?
It has happened in the past but I think that was the exception rather than the rule. If anyone has any infomation about it maybe you could get in touch with the staff here so they can pass it on to us?
Joined: May 2001
Posts: 141
Likes: 0
From: Room 249
don't shoot the messenger!
all we know is what the uk instructors and various others have mentioned, no names mentioned. that said, went into one of the mcc sessions last week and one of the lads had a BA assessment the other day, the others haven't had so much luck but time of the year etc they mentioned flybe have been out there 'recently', although how recent 'recently' was i don't know, assume looking at their current situation we're not talking years ago.
you guys know how difficult the market is for this time of the year. you have also heard the story vis a vis the market for us leaving. the employment boards, irrelevant of how they got the jobs, show a decent proportion of students getting jobs soon after finishing - before our six months is up anyway...
i know the boards now show 254 almost fully employed and they finished what 4 months ago, so it's not all bad. seems to be holding to about the 80% in 6 months mark. nicely baited boys!
all we know is what the uk instructors and various others have mentioned, no names mentioned. that said, went into one of the mcc sessions last week and one of the lads had a BA assessment the other day, the others haven't had so much luck but time of the year etc they mentioned flybe have been out there 'recently', although how recent 'recently' was i don't know, assume looking at their current situation we're not talking years ago.
you guys know how difficult the market is for this time of the year. you have also heard the story vis a vis the market for us leaving. the employment boards, irrelevant of how they got the jobs, show a decent proportion of students getting jobs soon after finishing - before our six months is up anyway...
i know the boards now show 254 almost fully employed and they finished what 4 months ago, so it's not all bad. seems to be holding to about the 80% in 6 months mark. nicely baited boys!