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British European Sponsorship in FI

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Old 1st Oct 2001, 14:47
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Post British European Sponsorship in FI

Well, hot on the tail of the Air2k sponsorship ad is the British European part sponsorship ad in colaboration with Cabair. I just hope this one isn't a victim of advertising delays like A2k... we wait with bated breath!

Anyway the details are:

Age 20 - 28 on 1st March 2002
Min 2 A levels C or above
Ability to obtain a Class 1 Medical
Right to work in UK

Send a stamped, self addressed envelope to

The Sponsorship Secretary/BE7
Cabair College of Air Training
Cranfield Airport
Bedford
MK43 0JR

Closing Date 1st November.

Good luck everyone.

VTOL
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Old 2nd Oct 2001, 13:39
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Just to add that the cadet contribution is a fraction over £32,000 this time around and that the course starts in march 2002.

I guess I'll be talking to the bank today then!!!

Best of luck guys

major wannabee
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Old 2nd Oct 2001, 17:10
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Cool

Does anyone know at what point you have to prove that you can come up with the £32000?? I mean can you wait until you have passed the selection process before getting on your knees to the bank manager? OR does British European/Cabair need to see concrete evidence of the cash before being accepted??
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Old 2nd Oct 2001, 17:45
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It has to be paid some time in February prior to starting the course in March.

There are few places on the course. I don't know how willing a bank would be to lend someone 30k at the moment!!

Sagey
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Old 2nd Oct 2001, 18:05
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The prosprectus says that they are looking to sponsor 4 people and yes the money must be payed by sometime in feb 2002. I have a meeting at the bank tommorrow so I guess I'll find out then whether or not its even worth paying for the application/aptitudes/interviews!! Fingers crossed.

major wannabee
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Old 2nd Oct 2001, 18:24
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Question

So we have to send a stamped self addressed evolope into the address....but what else do we send in at this stage?...
Do we need to send in a CV and covering letter?...
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Old 2nd Oct 2001, 18:45
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Talking

I've just spoken to one of the ladies at Cabair and she confirmed that it was still going ahead.

She told me to send a SAE, so I'm going to assume a covering letter will do that job, much like last year.

Good luck to all those who apply!

MB
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Old 2nd Oct 2001, 19:18
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Cool

Ok so the money has to be paid sometime in Feb 2002, so they don't require any proof that you've actually got the money before feb 2002? i.e. they would offer you a place on the scheme before seeing any proof, and just assume that you could make the payment date?

My point here is, I would say that the biggest hurdle would be getting the place on the scheme, i.e. it would seem pointless pleading with a bank to give you the money for a place on a training scheme which you haven't got yet, and the chances of getting aren't too great. So could you wait to see if your selection is successful before going through the bank to get hold of the money??

Anyone know how long would it take to get a loan of that size from a bank, ie from day of you asking to day account is credited? (assuming you could provide all the paperwork they ask for and eg secure it with a house)

[ 02 October 2001: Message edited by: funkster ]
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Old 2nd Oct 2001, 19:25
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fish

Maybe I'm from the old school but I thought sponsorship meant that the company paid for the training.

Stumping up £32,000 !!! Better doing it yourself - somebody is taking the p*ss !!!!
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Old 2nd Oct 2001, 20:06
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fish

Ed, would the words "job at the end of it" change your attitude? As opposed to spending 30k and then looking for 6-12 months your first RH seat job? Just a thought....

Good luck to all who apply,
VTOL

[ 02 October 2001: Message edited by: VTOL ]
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Old 2nd Oct 2001, 20:14
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Oh come on. You cannot moan about airlines offering partial sponsorship. For heavens sake there is a JET JOB waiting at the end of it.

I've no idea why BA don't insist on £10k up front - everyone can get hold of that sort of cash, it would save BA a Million quid every 10 years or so, it would get rid of the applicants who apply on a whim and get lucky. Everyones happy.

WWW
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Old 2nd Oct 2001, 23:08
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Thumbs up

Hi all,

Well, wow this is a surprise given that most other airlines have frozen or completely cancelled sponsorship schemes like this.

Major wannabe, I presume that you have already received the prospectus given that you would appear to know so much, ie cost and intended cadets to be selected.

Funkster, I would agree, I cant really see a bank coming up with that amount given the current financial market, especially in aviation, perhaps a letter of conformation would be enough to secure the funds.

WWW, got any advice on how to shine at this moment in time, as I’m sure we would all love to hear them

I too will be applying, and hope to see you at the interview stages.

Good luck to all who apply.

Ps, any of you folks going to the Gatbash in December at Gatwick……….

Regards

Fra
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Old 3rd Oct 2001, 02:04
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Talking

As someone who is at the moment mid term on a British European sponsorship I can assure you that it is worth the £32,000. Not only are you saving £16,000 on the normal £48,000 course but you have a job at the end of all the hard work and stress. When I went through the process Cabair didn't require any proof of funds being available in order to offer you the sponsorship but they did ask everyone that I knew of if they were confident that they could gather up that much cash. In my experience though the bank was more than helpful because I had a contract that set out all of the costings very clearly, the bank managers exact words were 'well if the airline is willing to stake £x then it would be silly of me not to front up the balance' and that was that.

Not bad prospects at BEA either, there is a bit of a slowdown at the moment but BEA are still expanding through routes left behind by GILL and they are having 12 new RJX-100 jets on order to start delivery from the 3rd quarter of 2002, so the prospect of going straigt onto jets is quite a big possibility.

Please anyone out there who wants to be a pilot, NEVER turn your nose up at a part sponsorship, to do so is just silly, especially given the present climate. Anyway goodluck to all of those applying, might see ya up front someday soon.

A.H.
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Old 3rd Oct 2001, 03:53
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I think you're all barking mad - £32,000 for a 'guaranteed jet job' this sounds familiar.
After all , in the current climate whose to say the company must employ you ! They are only investing £16k so can quite easily cut and run if required.
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Old 3rd Oct 2001, 14:38
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Lightbulb

Well I know what you mean by the 'guaranteed jet job' bit, but you do get a full F-ATPL course, possibly with a 146 or F-27 type rating (not sure on that one) for around £32000. Not a bad deal in my books, and even if there isn't a guaranteed job at the end you still have that chance, which is a lot more than most self sponsored wannabes will have when they qualify.

Dunno about you, but i'm going for it! Good luck to all!

VS
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Old 3rd Oct 2001, 18:18
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I am going for it as well, as soon as my second form arrives.

Got the first form :o), then the cat saw it on the table and decided to rip up the fun envelope and put prints on and crumble the form.

PSYCHOTIC cat now for sale.

Seriously though, although I am applying I think everyone should keep a very close eye on the situation, British European have been very brave, I really hope that it works out for BE and for the lucky ones.

Good luck everybody.

Sagey
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Old 3rd Oct 2001, 18:51
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It is great to hear that BEA are advertising for the Cabair scheme.

However, what nobody appears to have mentioned in any of the above posts is that the £16000 so called 'sponsorship money', will actually get deducted from your salary over a five year period, once in BEA.

To all those thinking of going for this, please take the above into account when doing your sums !
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Old 3rd Oct 2001, 21:21
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I for one will NOT be applying to this scheme, simply because of the cost.

I normally apply to all of the schemes that are going, but considering the current climate, I will be giving it a miss.

I dont want to spend loads of money that I havent got only to find the scheme goes T*ts up halfway through, or there are no jobs at the end of it.

VTOL: "job at the end of it". How sure can you be of this? I'm sure that it will say somewhere in the contract that you are not guaranteed anything, depending on the circumstances.


Not being a doom and gloom, just being realistic. Of course, if money is no obstacle, go for it!
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Old 4th Oct 2001, 00:28
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bowser - how do you know this? it isn't in the prospectus. I have the air2000 prospectus from last year and indeed it quite clearly states that some money will be deducted, but in this BE one there is no mention of such a practice.

costly? yes but a lot cheaper than self funding and even with the promise (not guarentee) of a job, it is a hell of a lot more worthwhile than paying for the whole thing myself and definitely not having a job at the end!! I guess it isn't for everyone as it may not fit in with everyone's lifestyle but for those who can beg/borrow/steal the cash then it is (in my opinion) an opportunity not to be missed.

major wannabee
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Old 4th Oct 2001, 02:02
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If it goes tits up, you are liable to what BE have not spent on you.

Reading the form it appears, students put money up front, BE pay it when they need too. That was the impression I got!!!

Sagey
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