payment up front to flight schools
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Join Date: Aug 2001
Location: Amsterdam
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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
Join Date: Feb 2011
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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.
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Join Date: Feb 2003
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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