British European Sponsorship in FI
Join Date: Feb 2001
Location: London
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Not very long about 3 months I think. I don't know I still waiting for my second form after the cat did his WU-TANG impression on it.
I just hope they send me another one lol
It says a bit about if failing to meet requirements then u have to pay back British European the amount that they have spent on you so far. That gives me the impression they do not pay for it upfront. I could be wrong though.
Sagey
I just hope they send me another one lol
It says a bit about if failing to meet requirements then u have to pay back British European the amount that they have spent on you so far. That gives me the impression they do not pay for it upfront. I could be wrong though.
Sagey
Join Date: Mar 2000
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Just to clarify a point..the money IS deducted from salary over 5 years. Cadets are high on the list of choppables in BE but then it's the same everywhere. I don't think the next year or so is gonna be a good one for cadets in general - look at the poor guys in Aer Lingus. Good luck anyway.
Join Date: Aug 2000
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Just to second what Carlos has said. The £16000 is deducted from your salary over five years.
If you take the sponsorship scheme and are successful AND a Job is available at the end, you will take up a position within British European on the Dash8. Few lucky ones have managed to go directly onto the BAe146, but you will more than likely go onto the Dash8, a fine aeroplane.
I would personally think of the British European scheme as a 'Career Loan' rather than a sponsorship.
Good luck.
If you take the sponsorship scheme and are successful AND a Job is available at the end, you will take up a position within British European on the Dash8. Few lucky ones have managed to go directly onto the BAe146, but you will more than likely go onto the Dash8, a fine aeroplane.
I would personally think of the British European scheme as a 'Career Loan' rather than a sponsorship.
Good luck.
Join Date: Nov 1999
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Someone was asking about salary.
If you are a cadet with BE you get £20,000 a year, and they deduce £330 a month from you net salary. With Duty pay (variable part based on flying hours) you have a magic... £1,100 / month (roughly). Not great if you have to pay a £500 on the side for the partial sponsorship but OK because it gives you a job + good hours. For those wanting to calculate a "busines plan" if they get the sponsorship, those amounts are pretty accurate at least for the first year of employment... In term of job security, Cadets are mainline pilots and therefore are treated like anybody else on the seniority list. Hope all that helped you
Bye
If you are a cadet with BE you get £20,000 a year, and they deduce £330 a month from you net salary. With Duty pay (variable part based on flying hours) you have a magic... £1,100 / month (roughly). Not great if you have to pay a £500 on the side for the partial sponsorship but OK because it gives you a job + good hours. For those wanting to calculate a "busines plan" if they get the sponsorship, those amounts are pretty accurate at least for the first year of employment... In term of job security, Cadets are mainline pilots and therefore are treated like anybody else on the seniority list. Hope all that helped you
Bye
Join Date: Jul 1999
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You would think in the current climate you young 'uns would try to get the detail correct. British European do not have an F27's any more, and they are BE not BEA. Even someone who purports to be on the current scheme cannot get their name right!
Also, genuine peeps interested in this 'sponsorship' scheme remember that only a couple of months ago BE were in trouble, laying off Pilots (CRJ fleet). They have now stepped into some of the old Gill routes which were not very strong loads, and they are suffering badly on the 2 routes they run into lcy from Scotland. Just have all the facts before you leap in. Also, they will chop you as soon as look at you if needs must. Good luck to those that deserve it.
Also, genuine peeps interested in this 'sponsorship' scheme remember that only a couple of months ago BE were in trouble, laying off Pilots (CRJ fleet). They have now stepped into some of the old Gill routes which were not very strong loads, and they are suffering badly on the 2 routes they run into lcy from Scotland. Just have all the facts before you leap in. Also, they will chop you as soon as look at you if needs must. Good luck to those that deserve it.
Join Date: Mar 2000
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Good point you make Island Air. I was concerned a few months back on hearing some CRJ pilot jobs were to go, and thought this would mean no sponsorship this year. With the added events of Sept 11th, I was amazed to find it's still happenning.
I will apply, but can't say I'm not worried it may go t*ts up. Plus there's the 32k issue.....
(I can get my whole licence done for that price if I go modular!)
Good luck!
JT8
I will apply, but can't say I'm not worried it may go t*ts up. Plus there's the 32k issue.....
(I can get my whole licence done for that price if I go modular!)Good luck!
JT8
Join Date: May 2001
Location: Andover, Hampshire, UK
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I sent off the application today; so I guess they may look at it on Monday - but then the deadline isn't for another 3 1/2 weeks.
I too was surprised to see it going ahead, especially after getting the letter from Cabair regarding the Air2k sponsorship. But I am also weary of it suddenly stopping ... aswell as the "Finance and Contract" section of the prospectus.
Oh ... I'd say it's pretty reasonable for them to ask for a £40k bond ... most banks offering loans would ask for a guarantee for a similar value (i.e. your house! HSBC not included as they are an exception to this rule). So this does not surprise me at all.
Keeping my fingers crossed for a +ve result!
Sky
I too was surprised to see it going ahead, especially after getting the letter from Cabair regarding the Air2k sponsorship. But I am also weary of it suddenly stopping ... aswell as the "Finance and Contract" section of the prospectus.
Oh ... I'd say it's pretty reasonable for them to ask for a £40k bond ... most banks offering loans would ask for a guarantee for a similar value (i.e. your house! HSBC not included as they are an exception to this rule). So this does not surprise me at all.
Keeping my fingers crossed for a +ve result!
Sky
Join Date: Apr 2000
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Well it would appear I am reaching the end of my "sponsorship application life"!
I have had the pleasure of meeting some fantastic wannabees over the years at all the aptitudes/final interviews I have attended. You all deserve to succeed and I wish you all the best in your sponsorship applications.
I must now follow the modular route - ATPL's here I come........
Never give up - see you at the pointy end.
PFO
I have had the pleasure of meeting some fantastic wannabees over the years at all the aptitudes/final interviews I have attended. You all deserve to succeed and I wish you all the best in your sponsorship applications.
I must now follow the modular route - ATPL's here I come........
Never give up - see you at the pointy end.
PFO
Join Date: May 2001
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RT;
You're right, the circumstances of the bond arn't really made clear at this point. Perhaps they'll enlighten us more closer to starting if we get through (thats a rather large excessive IF...) .
However, if I went to a bank such Barclays and asked for a £50k loan then they'd still want a guarantee in case you cannot keep up repayments. If this happened they always say 'your house maybe at risk blah blah blah' even through your house maybe worth more than £50k. Its a similar case with BE; if you quit (which they don't want you to) then they want more money back than they invested in you, just like the bank would (your inconvenience factor maybe...). Thats how I see it but I was never good at finances! Anyway why would you quit after all that hard graft ... be sure before you commit that dosh!
But YES anyone with anything more on this please post!
Regards;
Sky
You're right, the circumstances of the bond arn't really made clear at this point. Perhaps they'll enlighten us more closer to starting if we get through (thats a rather large excessive IF...) .
However, if I went to a bank such Barclays and asked for a £50k loan then they'd still want a guarantee in case you cannot keep up repayments. If this happened they always say 'your house maybe at risk blah blah blah' even through your house maybe worth more than £50k. Its a similar case with BE; if you quit (which they don't want you to) then they want more money back than they invested in you, just like the bank would (your inconvenience factor maybe...). Thats how I see it but I was never good at finances! Anyway why would you quit after all that hard graft ... be sure before you commit that dosh!
But YES anyone with anything more on this please post!
Regards;
Sky
Join Date: Oct 2001
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2 queries: -
1) It says in the last section of the prospectus that if employment is not offered immediately following course completion, but the airline does intend eventually to offer, you must accept that offer for a period up to 3 years after graduation.
Does this mean that if there is no job immediately, you can't seek employment elsewhere?
Or does it just mean that you can get another job, but must resign in the event of BE making an employment offer within 3 years?
2) If you have to get married (
) at the start of April, is there any point in applying even though you are prepared to not go on honeymoon (I obviously have not discussed this fact with the future Mrs Springbok220 yet!!)but would need a few days off?
1) It says in the last section of the prospectus that if employment is not offered immediately following course completion, but the airline does intend eventually to offer, you must accept that offer for a period up to 3 years after graduation.
Does this mean that if there is no job immediately, you can't seek employment elsewhere?
Or does it just mean that you can get another job, but must resign in the event of BE making an employment offer within 3 years?
2) If you have to get married (
) at the start of April, is there any point in applying even though you are prepared to not go on honeymoon (I obviously have not discussed this fact with the future Mrs Springbok220 yet!!)but would need a few days off?
Join Date: Oct 2001
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I was justing thinking about the situation and given you have to be bonded to the company for 6 years and 1 month, then surely you can't seek other employment, even if no offer from BE is forthcoming upon graduation.
Join Date: Jan 2001
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what to do, what to do?
I sent off for the sponsorship app. form and have read it thorough, all very nice but, what are they really after?
The course sounds like ab-in. but there is space for imc rating which i have etc. I've got my class 1, bless the CAA for letting me through, asthma being the only possible thing they could have got me on.
I'm also half way through the ATPL ground exams. And hoping to have completed them by jan.
Would BE dimiss me out of hand or does it show the type of person they are after. I guess i/they could save a fair bit of cash by not paying 6 months board at cranfield.
Any ideas (insider info welcome)? I've cleared the money with the bank and am more than ready to go.
[ 10 October 2001: Message edited by: wobblyprop ]
I sent off for the sponsorship app. form and have read it thorough, all very nice but, what are they really after?
The course sounds like ab-in. but there is space for imc rating which i have etc. I've got my class 1, bless the CAA for letting me through, asthma being the only possible thing they could have got me on.
I'm also half way through the ATPL ground exams. And hoping to have completed them by jan.
Would BE dimiss me out of hand or does it show the type of person they are after. I guess i/they could save a fair bit of cash by not paying 6 months board at cranfield.
Any ideas (insider info welcome)? I've cleared the money with the bank and am more than ready to go.
[ 10 October 2001: Message edited by: wobblyprop ]
Join Date: Mar 2000
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Folks,
As concerned as I am about BE maybe pulling out, and leaving me in debt during the course, I'm quite concerned about the state of Cabair. I can't say I know what position they are currently in from a financial perspective, but surely they in for a harsh time over the next year or two? After paying 32k up front whats the chance of getting it back if they DID go under? Not good I expect.
I never turn my nose up to any sonsorship, but given the uncertainty and risk associated, I'm going to think long and hard before accepting (as if I'd be selected anyway!
).
Best of luck, JT8
As concerned as I am about BE maybe pulling out, and leaving me in debt during the course, I'm quite concerned about the state of Cabair. I can't say I know what position they are currently in from a financial perspective, but surely they in for a harsh time over the next year or two? After paying 32k up front whats the chance of getting it back if they DID go under? Not good I expect.
I never turn my nose up to any sonsorship, but given the uncertainty and risk associated, I'm going to think long and hard before accepting (as if I'd be selected anyway!
).Best of luck, JT8
Join Date: Jul 2001
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I seem to remember reading on the back of the prospectus where the breakdown of the cost are that included in the price is "loss of training fees insurance" or word to that effect. I don't know exactly what this means but maybe this will help if cabair/BE get into trouble.
mw
mw
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Island Air
Just so that everyone here is not mislead. There have been NO lay offs as a result of the CRJ being withdrawn.
All those affected have been offered the Dash 8 or the 146, most of them will be reverting to their previous types.
Good luck to those of you applying.
Just so that everyone here is not mislead. There have been NO lay offs as a result of the CRJ being withdrawn.
All those affected have been offered the Dash 8 or the 146, most of them will be reverting to their previous types.
Good luck to those of you applying.
