Wikiposts
Search
Professional Pilot Training (includes ground studies) A forum for those on the steep path to that coveted professional licence. Whether studying for the written exams, training for the flight tests or building experience here's where you can hang out.

Study fees

Thread Tools
 
Search this Thread
 
Old 25th Jul 2010, 22:38
  #1 (permalink)  
K2z
Thread Starter
 
Join Date: Jul 2010
Location: Latvia
Age: 34
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Exclamation Study fees

Hello everyone!

I have just joined PPRuNe, and I ask to apologise me, if my question should be in other category.

So, I live in Latvia and here, if someone may be know the situation regarding pilot schools is very bad looking. Now I just got back from Spain, where I was passing my assesment tests in FTE Jerez. Everything is cool, and hope education quality is high, thats why I choosed this FTO. Now when all tests are passed, second question is money. They work with BBVA (not sure, but it's an UK bank if I remember correctly), but BBVA gives loans for only those, who live in UK and have some real estate in their use. But what to do, if you live somewhere else? Our banks nowadays are very careful, and gives loans for students up for ~ 12k eur. But education in FTE costs 91k eur, so it's a big diference I was thinking about contract with some airliner, but not sure is it possible. May be some of you had the same problem now or in the past.

Thanks everyone in advance, who will reply!
K2z is offline  
Old 26th Jul 2010, 01:18
  #2 (permalink)  
 
Join Date: Jul 2010
Location: Manchester
Age: 32
Posts: 5
Likes: 0
Received 0 Likes on 0 Posts
BBVA is actually a Spanish bank, which branches out into the UK.
If you, or your parents, have a property chances are BBVA will loan you the money with a pretty decent interest rate. However it is secured, so you'll lose the house if you find yourself in a sticky situation.
About contracts with airlines: there is no airline at the moment who, on a large scale, is willing to pay for you to learn, apart from Cathay in Hong Kong.
AlexShorrock is offline  
Old 26th Jul 2010, 11:41
  #3 (permalink)  
K2z
Thread Starter
 
Join Date: Jul 2010
Location: Latvia
Age: 34
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Thanks for your reply!

All properties that my family have are in Latvia. So I think BBVA wouldn't be interested to give loan for me. I heard that our national airliner Air Baltic is looking for pilots, and sending their plane crew to get pilot licences. I will try to involve someone and somehow, but really not sure. It's a big loan, and while there's a crysis all over the world, I think it's inpossible.
K2z is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.