Pilot Training College - Florida Ops closure
Joined: Jun 2012
Posts: 90
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From: Hopping
It doesnt make sense.....When i went to their Assessment day they told me that if i gave them £98,000 in shiny £50 notes then it would mean the world of
airlines would start recruiting!!!!
Feel sorry for they guys out there! DONT feel sorry for PTC, how embarrassing it must be!
Any news on whats happened to the FLYBE guys, heard they been moved to OAA?
airlines would start recruiting!!!!
Feel sorry for they guys out there! DONT feel sorry for PTC, how embarrassing it must be!
Any news on whats happened to the FLYBE guys, heard they been moved to OAA?
Joined: Apr 2005
Posts: 455
Likes: 0
From: Euroville
It's called due diligence spicejetter important when making life altering descisions [sic]
I'm an airline Captain and it's been a very long slog paying off a similar sized debt so far with many years to go. Make no mistake about it they have ruined their lives for the best part of the next two decades, they will be crippled by this debt and it will curb many future options and possibilities. The worst part is that all the warnings were posted here available to read for free.
I'm an airline Captain and it's been a very long slog paying off a similar sized debt so far with many years to go. Make no mistake about it they have ruined their lives for the best part of the next two decades, they will be crippled by this debt and it will curb many future options and possibilities. The worst part is that all the warnings were posted here available to read for free.
Joined: Jan 2004
Posts: 38
Likes: 0
From: The Moon
Restart in 3-2-1.........
Give it one month, and PTC will be up and running again in Cambridge. A new company with the best standards yet has training so many pilots who are flying for XYZ airlines. (this is sarcasm if you didn't realise)
Statement by the CEO will read "we are totally separate from the PTC in Ireland. We have an agreement with ABC university in Florida to provide the blah blah blah....." (ABC will not be FIT or Flight Saftey, but will be another big outfit) (this is not sarcasm - this will happen)
Watch how many people fall for it. My guess is that the UK CAA will not suspend that approval, so they will go on trading but at a different airport.
Come on people - never fall for this! And never pay upfront!
P.s. (I forgot to add): They will get a Flybe contract because flybe keep picking these training providers under the pretence of integrated training, how good it is etc..... (boring) when nobody really offers true integrated anymore. (They all have these variations which are really just modular without the flight tests.). As a result of an airline contract, many people will go there and pay up front.
Definition of stupidity - repeating the same exercise with the same method and expecting a different outcome!
Rant over!
Statement by the CEO will read "we are totally separate from the PTC in Ireland. We have an agreement with ABC university in Florida to provide the blah blah blah....." (ABC will not be FIT or Flight Saftey, but will be another big outfit) (this is not sarcasm - this will happen)
Watch how many people fall for it. My guess is that the UK CAA will not suspend that approval, so they will go on trading but at a different airport.
Come on people - never fall for this! And never pay upfront!
P.s. (I forgot to add): They will get a Flybe contract because flybe keep picking these training providers under the pretence of integrated training, how good it is etc..... (boring) when nobody really offers true integrated anymore. (They all have these variations which are really just modular without the flight tests.). As a result of an airline contract, many people will go there and pay up front.
Definition of stupidity - repeating the same exercise with the same method and expecting a different outcome!
Rant over!
Last edited by I'll Be Realistic; 5th July 2012 at 15:51.
Joined: Oct 2011
Posts: 2
Likes: 0
From: The Milky Way
Not one bit surprised by this saga, but I do feel sorry for the trainees and their families as it looks like some will loose out, albeit as stated many times before, paying upfront is a no no.
I agree with the fact that if you're going to spend this amount of money in one transaction, you must must do your homework to whom provides the service, and even at that, there's always a risk involved.
I'd like to see PTC's breakdown as to how they can justify e85,000k on a fATPL with the majority of training in the US; a rough guess would be about e25-30,000k for the ATPL stage (if undertaken at FIT), including hour building, and the CPL course/skills test. The multi engine instrument rating might eat about e15,000k in Waterford, add in delays, more training, the unexpected, and you might, or should, have a grand total of about e50-55,000k; now here's a simple test, what's 85 minus 55, they should throw that onto the end of their compass test for interests sake!
Seems like Celtic Tiger boom Irish prices are used here, including many other companies that jumped on the band wagon, it's time to wake up folks...
I do believe, what goes around comes around, and let this be a clear and unambiguous lesson for anyone considering training with PTC in the future, do your homework and check companies like this one out before departing with hard earned, or even worse, borrowed cash.
Remember, as I read before on here, some FTO's will sell you the dream through their angelic marketing dept, be cautious with this plug.
I do hope that the trainees get some resolve and that there is minimal financial loss to them and their families.
I agree with the fact that if you're going to spend this amount of money in one transaction, you must must do your homework to whom provides the service, and even at that, there's always a risk involved.
I'd like to see PTC's breakdown as to how they can justify e85,000k on a fATPL with the majority of training in the US; a rough guess would be about e25-30,000k for the ATPL stage (if undertaken at FIT), including hour building, and the CPL course/skills test. The multi engine instrument rating might eat about e15,000k in Waterford, add in delays, more training, the unexpected, and you might, or should, have a grand total of about e50-55,000k; now here's a simple test, what's 85 minus 55, they should throw that onto the end of their compass test for interests sake!
Seems like Celtic Tiger boom Irish prices are used here, including many other companies that jumped on the band wagon, it's time to wake up folks...
I do believe, what goes around comes around, and let this be a clear and unambiguous lesson for anyone considering training with PTC in the future, do your homework and check companies like this one out before departing with hard earned, or even worse, borrowed cash.
Remember, as I read before on here, some FTO's will sell you the dream through their angelic marketing dept, be cautious with this plug.
I do hope that the trainees get some resolve and that there is minimal financial loss to them and their families.
Joined: Mar 2006
Posts: 133
Likes: 0
Thats exactly what will happen IBR! Shades of the Cabair fiasco but with a different base. I wonder whether the students will be asked to pay an additional £15K to continue!!!!!!! I am led to believe there is another school in the North West that has liquidity problems. No names no pack drill.
Last edited by PPRuNeUser0173; 6th July 2012 at 06:44.
Joined: Apr 2010
Posts: 3
Likes: 0
From: Cambridgeshire
Went for an assessment day earlier on this year..Wasn't very impressed at all if I'm honest. After the assessment I was told I would hear within 3 days when my results had been ratified...didn't hear anything. Phoned them 4 times and on each occasion, i was told that I needed to speak to a certain guy, (who was never at his desk)and that he would call me back, which he didn't. Eventually got an email saying that my results were correct and i had scored high enough on the COMPASS test to be put forward to Flybe. What they failed to mention before the assessment was that i was going to have to fork out 650 euros for a medical (plus travelling expenses, so probably nearer the 1000 mark) just for them to forward my file on to Flybe and that didn't necessarily mean I'd get an interview.
Did a bit of research on the company and found that they had a few problems in the past, and a number of people certainly didn't recommend them.
They also sent me an enrolement form and on it was
"In the event of termination of training, for whatever reason, the balance of all outstanding training fees for the whole course shall become due and owing."
After reading the views of a large number of people I had already decided it was a no go, but that condition on the enrolement form was the icing on the cake. How can they charge for training you wont do and won't get the chance to do!?
I'm pleased that it worked out the way it did for me (apart from the fact i wasted money on the assessment day) for obvious reasons, but I sincerely hope those students who are unfortunate enough to be under these circumstances, find some light at the end of the tunnel and go on to become successful pilots
Did a bit of research on the company and found that they had a few problems in the past, and a number of people certainly didn't recommend them.
They also sent me an enrolement form and on it was
"In the event of termination of training, for whatever reason, the balance of all outstanding training fees for the whole course shall become due and owing."
After reading the views of a large number of people I had already decided it was a no go, but that condition on the enrolement form was the icing on the cake. How can they charge for training you wont do and won't get the chance to do!?
I'm pleased that it worked out the way it did for me (apart from the fact i wasted money on the assessment day) for obvious reasons, but I sincerely hope those students who are unfortunate enough to be under these circumstances, find some light at the end of the tunnel and go on to become successful pilots
Last edited by Jonny4988; 5th July 2012 at 20:26.
Joined: Aug 2009
Posts: 220
Likes: 0
From: London
Joined: Mar 2007
Posts: 2,501
Likes: 0
From: UK
Great piece posted from the link on the first page about the troubles from a student point of view.
Life as a Pilot: Pilot Training College comes to an end
Life as a Pilot: Pilot Training College comes to an end
Last edited by MUFC_fan; 5th July 2012 at 23:22.
Joined: Apr 2005
Posts: 455
Likes: 0
From: Euroville
Telstar, for an airline Captain you have a rather large tendency to exaggerate! Calm down Captain.
If some of those students push on and continue the training elsewhere and then go on to pay for a type rating with an airline, they will have close to a quarter of a million euro worth of debt by the time the juice is factored in. That's a mortgage, a lifes work to pay off for most people. Unless you know something I don't?
Joined: Jan 2009
Posts: 29
Likes: 0
From: ireland
Half a million not worth talking about but 85,000 is??
looks like the students are buying the PTC story
http://www.floridatoday.com/article/...-flight-school
looks like the students are buying the PTC story
http://www.floridatoday.com/article/...-flight-school
Last edited by rankace; 6th July 2012 at 16:09.
Joined: Jul 2012
Posts: 1
Likes: 0
From: waterford
Hi everyone,
This is just a terrible thing that has happened to these young people trying to become pilots and my sincere thoughts are with you.
All that i can say on this matter is that if someone owed me 100.000 euro or drachma, that owned 20 houses in carriganard in waterford which was paid for by students renting them from the "owner" .
Also the houses in dunmore east that are bought and paid for, and also the other properties around the country that are Paid for,
I would certainly go after him in the courts to secure a judgement against the person who owed me the money.
And to go on top of that the government should get a high court order on property so the students could get something back.......
I would also like to see the IAA take a good look at a certain persons logbook especially back to the point that it was rewritten and check for errors or should i say omissions,
This is just a terrible thing that has happened to these young people trying to become pilots and my sincere thoughts are with you.
All that i can say on this matter is that if someone owed me 100.000 euro or drachma, that owned 20 houses in carriganard in waterford which was paid for by students renting them from the "owner" .
Also the houses in dunmore east that are bought and paid for, and also the other properties around the country that are Paid for,
I would certainly go after him in the courts to secure a judgement against the person who owed me the money.
And to go on top of that the government should get a high court order on property so the students could get something back.......
I would also like to see the IAA take a good look at a certain persons logbook especially back to the point that it was rewritten and check for errors or should i say omissions,
Joined: Aug 2009
Posts: 220
Likes: 0
From: London
Conax,
I'm sure you are trying to make a relevant point, however, your use of the English language in your last post is atrocious. Can you please rewrite so we can try to understand what you're getting at?
No offence intended.
I'm sure you are trying to make a relevant point, however, your use of the English language in your last post is atrocious. Can you please rewrite so we can try to understand what you're getting at?
No offence intended.
Last edited by AlexanderH; 7th July 2012 at 10:47.