payment up front to flight schools
Thread Starter
Joined: Aug 2001
Posts: 25
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From: Amsterdam
payment up front to flight schools
Was just watching the news here in Holland. One flight school here in the South of the country has gone bankrupt leaving quite a few students out of pocket.
I thought I share this with you guys and I am aware this has been discussed in the past but:
You should never ever make payments of 100 000 Euro upfront
to a flight school. This has happened in the above case. Use payments in instalments instead if you decide to embark on this very risky adventure.
Regards
I thought I share this with you guys and I am aware this has been discussed in the past but:
You should never ever make payments of 100 000 Euro upfront
to a flight school. This has happened in the above case. Use payments in instalments instead if you decide to embark on this very risky adventure.Regards
Joined: Feb 2011
Posts: 291
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From: Europe
Same happend in Norway, about a year ago.
They took in students at the end of desember, took 3 payments (it was splitted into 4), so about 75k€ and was bankrupt in start of jan.
Im my self, not even paying 6000 upfront. 2-3k is max.
They took in students at the end of desember, took 3 payments (it was splitted into 4), so about 75k€ and was bankrupt in start of jan.
Im my self, not even paying 6000 upfront. 2-3k is max.
Hovering AND talking
Joined: Feb 2003
Posts: 5,711
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From: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Only pay up front what you are prepared to lose - in most cases, that should be nothing. 
And if something seems to good to be true, then it probably is.
Cheers
Whirls
And if something seems to good to be true, then it probably is.
Cheers
Whirls
