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5 yr wait for TEP scheme

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Old 7th Nov 2001, 16:36
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Unhappy 5 yr wait for TEP scheme

Word from the ivory towers is that BA won't consider starting their TEP scheme for about 5 yrs hence. BA not forecast to return to profit until spring 2005, and with the glut of well qualified pilots likely to enter the market before then, the forecast for potential TEP's is extemely bleak.

Looks like the 'golden ticket' has just been withdrawn.
fruitbat is offline  
Old 7th Nov 2001, 20:13
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Thumbs up

Perhaps.

So unless you are aged 21 years or less, you might as well forget it?
no sponsor is offline  
Old 7th Nov 2001, 20:16
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Nobody know what the future hold fruitbat

If more Euro flag carriers (Sabena) go bust
BA could benefit by taking up the slack

The UK low cost sector is not in recession
its growing

The flag cariers need to reconfigure and
consoildate to meet the challenges ahead.

Those that are most unresponsive will not survive. It may be that BA will not be able to afford spending £100K on TEPs and will
adopt the model of the budget sector - not
sponsoring at all - let others pay (the pilot)...

Just a thought ?....
RVR800 is offline  
Old 7th Nov 2001, 20:19
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fish

Looks like I'm off to Uni then...
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Old 7th Nov 2001, 23:44
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Don't worry everyone, no doubt O'Leary will dream up some Ryannair Cadet Pilot scheme, in conjunction with some Government Youth Training scheme where he gets paid to take all us poor estate kids off the street, the FTO pays him to keep their business afloat, make us pay him for each breath we take whilst in training, bond us for 16 years/age 38, paying us National minimum wage, and a sector hour builders charge for the time we get to pole around one of his deathtrap 737's!!
Whoops, better keep quiet, don't want to give the man ideas!!
Silver Tongued Cavalier is offline  

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