Malgus: Did anyone here make it all the way through ?
Is there any possibility that Malgus and Millennium Airlines are in some way connected? There is the Irish connection plus the sort of money being talked about would, if invested according to the returns mentioned on the Millennium website, appear to easily produce the funds required for training, selection,administration and still turn in a good profit?
Just a thought........
Just a thought........
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Spoke to Mary Jo at Jerez, she says she has 11 students contracted to do the course in October. Malgus has been in contact but nothing finalized yet.
Hope all is ok for the Malgus chosen few and that it is not a scam -we all need a good break sometime.
Hope all is ok for the Malgus chosen few and that it is not a scam -we all need a good break sometime.
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Soddit - Who are Millenium Airlines? Did a search on Google and couldn't find much other than a Virtual Airline? Or is that your point!
[edit] -Found it! I don't know what to think of that. Don't think they even exist! What do you mean the irish connection?
aaaaa - Spoke to Malcolm on Wednesday and he said that funding had been agreed with all involved, so next step would be Jerez I guess.
I understand folks concerns about a scam, but I paid my £147 in January. What can Malgus possibly gain by telling me I have a course when they don't want any money up front from me?
Having got through the three stages involved, and having met Malcom and his father a few times since, I am perfectly happy that Malgus are who they say they are. Up until this point they have done exactly what they said they would, and STV just ran a story on the daytime national news about the company (including me climbing all over a Grumman!), so if it is a scam it's a bloody good one!
[edit] -Found it! I don't know what to think of that. Don't think they even exist! What do you mean the irish connection?
aaaaa - Spoke to Malcolm on Wednesday and he said that funding had been agreed with all involved, so next step would be Jerez I guess.
I understand folks concerns about a scam, but I paid my £147 in January. What can Malgus possibly gain by telling me I have a course when they don't want any money up front from me?
Having got through the three stages involved, and having met Malcom and his father a few times since, I am perfectly happy that Malgus are who they say they are. Up until this point they have done exactly what they said they would, and STV just ran a story on the daytime national news about the company (including me climbing all over a Grumman!), so if it is a scam it's a bloody good one!
Last edited by zerouali; 23rd Aug 2002 at 18:13.
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It's stilly funny that this sites most vociferous supporter of Malgus is the only one here who's got through.
Coincidence? Well, where are the other three?
When do we get to see an article on this in Flight, or even Flyer or Pilot magazine?
Coincidence? Well, where are the other three?
When do we get to see an article on this in Flight, or even Flyer or Pilot magazine?
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Malgus
Nice to read this dicsussion about Malgus after reading their advertisement in the latest Flight International. Indeed, there are several unknown aspects. I guess it´s a new training construction which has just started ? Aren´t there people who have finished there FT with Malgus? After the flight training they say that they will introduce you to an airline for a job which you can´t refuse 
!!! Any known (partner-)airlines??
Adios
!!! Any known (partner-)airlines??Adios
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Just a quick point,
In the Malgus contract thing, doesn't it say that they will find you "employment" after you have qualified, and this "employment" would enable you to pay a substantial portion of the training costs back?
The way I read it, it seemed to me that Malgus could have you stacking shelves at a supermarket in order to get there money back...
Perhaps thats a little cynical, but I would have certainly wanted clarification...
In the Malgus contract thing, doesn't it say that they will find you "employment" after you have qualified, and this "employment" would enable you to pay a substantial portion of the training costs back?
The way I read it, it seemed to me that Malgus could have you stacking shelves at a supermarket in order to get there money back...
Perhaps thats a little cynical, but I would have certainly wanted clarification...
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After reading here about the Scottish Enterprise Board apparently putting funds into Malgus for pilot training. I got in touch with them. Here is their word on the question of putting 50% of training costs, into Malgus - as purported by a poster a few posts back. Just look back a few posts.
The Scottish Enterprise Board have stated quite categorically that they havel NOT, and will not, be making any financial contributions to any pilot training under the auspices of the Malgus scheme.
This clarifies the position for those who are interested. As far as our wannabes are concerned they are best advised to keep their money in their pocket.
So, at the risk of repeating myself, this now leaves the question of just how many people are required to make the scheme work. So this is final word on this. Any further Malgus threads will be closed as they are made.
For ONE person to go Jerez for training it will cost circa £55,000 per course. Each student wanting to take part must pay to Malgus £147. Malgus, see their website www.malgus.com - will take £47 of this towards expenses, which include some initial costs for the student while there and for getting there and back.
The other £100 goes towards one course. So, one course requires 550 students to fund ONE course.
While Malgus claim that this is 100% sponsorship, it isn't. IF ONE person goes to Jerez and comes back with a licence, he/she will require to pay Malgus 50% of the course cost. That is £27,500 after you have got a job. That has to be paid back in 5 years OR put it another way, you have to pay £458 per month out of your new salary - whatever it is. Almost as much as a mortgage. How would get one anyway - with that sum going out for FIVE years?
The question now is: Malgus say they have a planned programme of four candidates going to Jerez in October. That will cost £220,000. A lot of money. Do they have that in the bank? Or a serious investor? Malgus cannot afford it if their scheme still relies on having all those £147's in place. 2200 candidates as I see it, and they haven't interviewed them yet. It is also asserted a couple of posts up that BAe have already said that Malgus have confirmed nothing yet.
It is, of course, possible that they have an investor, in which case this should not be difficult to establish. In which case the investor is in for a rather good take back of £27,500 over 5 years. Your money!
Save your money. If Malgus have something real can you afford to do it?
The Scottish Enterprise Board have stated quite categorically that they havel NOT, and will not, be making any financial contributions to any pilot training under the auspices of the Malgus scheme.
This clarifies the position for those who are interested. As far as our wannabes are concerned they are best advised to keep their money in their pocket.
So, at the risk of repeating myself, this now leaves the question of just how many people are required to make the scheme work. So this is final word on this. Any further Malgus threads will be closed as they are made.
For ONE person to go Jerez for training it will cost circa £55,000 per course. Each student wanting to take part must pay to Malgus £147. Malgus, see their website www.malgus.com - will take £47 of this towards expenses, which include some initial costs for the student while there and for getting there and back.
The other £100 goes towards one course. So, one course requires 550 students to fund ONE course.
While Malgus claim that this is 100% sponsorship, it isn't. IF ONE person goes to Jerez and comes back with a licence, he/she will require to pay Malgus 50% of the course cost. That is £27,500 after you have got a job. That has to be paid back in 5 years OR put it another way, you have to pay £458 per month out of your new salary - whatever it is. Almost as much as a mortgage. How would get one anyway - with that sum going out for FIVE years?
The question now is: Malgus say they have a planned programme of four candidates going to Jerez in October. That will cost £220,000. A lot of money. Do they have that in the bank? Or a serious investor? Malgus cannot afford it if their scheme still relies on having all those £147's in place. 2200 candidates as I see it, and they haven't interviewed them yet. It is also asserted a couple of posts up that BAe have already said that Malgus have confirmed nothing yet.
It is, of course, possible that they have an investor, in which case this should not be difficult to establish. In which case the investor is in for a rather good take back of £27,500 over 5 years. Your money!
Save your money. If Malgus have something real can you afford to do it?
Last edited by InFinRetirement; 27th Aug 2002 at 11:31.
Over 1000 posts and I bought this Personal Title to try and tell my mother the embarrassing news that I am a closet Jazz fan.
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Well I don't have any worries about my aptitude but I think I'll be keeping hold of my £147 somehow.....God luck though zerouali. Where abouts did you work in ATC?
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Well done Z, good luck on your course. Personally I won't be applying to malgus but I wish you all the best.
I think there is a hint of the green eyed monster being detected in this thread by ppl who have not managed it. This is understandable. Obviously if a company was looking for candidates, it would not interview 2200 applicants for four positions. I suppose its a bit like the lottery, you pays your money, if you are lucky you strike gold, but the real winners are camelot.
All the best.
I think there is a hint of the green eyed monster being detected in this thread by ppl who have not managed it. This is understandable. Obviously if a company was looking for candidates, it would not interview 2200 applicants for four positions. I suppose its a bit like the lottery, you pays your money, if you are lucky you strike gold, but the real winners are camelot.
All the best.
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Another no!!
Wish I'd seen this thread before I paid my money and got a no! Incidentally at the same time as applying I asked Malgus to desin a website for me (another of their associated companies). I got a very basic "design" back for my perusal but since giving the go-ahead to them I have had no response....this despite offering them my business several times. And though Malcolm was quite happy to talk to me about it, (until i'd paid my £147) now there is nowt but silence and no replies to my e-mails or answers to my telephone calls........... ????? maybe they're busy with their new recruits????? and no i'm not a bitter ppl!!! Can they afford to lose business like this? Maybe theyve had 5000 x £147
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whiskydrinker - I can't find the emoticon for hands up so the thumbs up will have to do. Just starting our fourth week of ground school, the beer is cheap and it was 29c by the pool today. 
How is the weather back home?
A malicious scam? Remember this is a RUMOUR site, and a Professional one at that, allegedly. Don't believe all you read, especially when it's written by people who just don't know.
As for proving it, well frankly, I don't think I have to. If you still think Malgus is a scam well, your loss really.
How is the weather back home?A malicious scam? Remember this is a RUMOUR site, and a Professional one at that, allegedly. Don't believe all you read, especially when it's written by people who just don't know.
As for proving it, well frankly, I don't think I have to. If you still think Malgus is a scam well, your loss really.
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zerouali
As I said to you before, when you have a licence come back and flaunt it. And IF you get one how will you pay back £30,000 of "100% sponsorship?" Remember you have to pay back £500 per month over 5 years? Bit less if the course if it didn't cost £60k.
The best thing for anyone is to keep hold of their money.
Ask your employers why they don't answer calls.
Don't answer this because as I warned you before, after I discovered the lies about the Scottish Enterprise Board being a party to this scam, that I will not be a party to wannabes being conned in this way and that Malgus goes off the forum.
As I said to you before, when you have a licence come back and flaunt it. And IF you get one how will you pay back £30,000 of "100% sponsorship?" Remember you have to pay back £500 per month over 5 years? Bit less if the course if it didn't cost £60k.
The best thing for anyone is to keep hold of their money.
Ask your employers why they don't answer calls.
Don't answer this because as I warned you before, after I discovered the lies about the Scottish Enterprise Board being a party to this scam, that I will not be a party to wannabes being conned in this way and that Malgus goes off the forum.
