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-   -   Oxford Aviation Training sold (https://www.pprune.org/professional-pilot-training-includes-ground-studies/280996-oxford-aviation-training-sold.html)

jez d 21st June 2007 10:30

Oxford Aviation Training sold
 
Looks like the rumours are true. Have just seen this on Flight Training News' website: Click here

Yahweh 21st June 2007 15:18

Is this Good news or Bad news :confused: :confused:

phantomcruiser07 21st June 2007 18:05


GCAT Flight Academy and overnight became the largest flight training organisation in Europe and the third largest in the world.
.......it will become the 3rd largest training organisation in the world, does any one know who the largest training organisation is?

davey147 21st June 2007 18:23

FlightSafety International is the worlds largest training organisation I think.

Hookerbot 5000 21st June 2007 18:27

I wonder if the fees will still be high? :}

davey147 21st June 2007 18:30

Well people are happy paying the high prices now, so I dont see them lowering them at all.

Hookerbot 5000 21st June 2007 18:33

^ i see your point ;) but i seriously doubt people are happy paying in excess of £75K :}....

Ah well good luck GCAT...

captain_rossco 21st June 2007 18:57

I wouldn't say i was happy paying oxford at all, but i'd like to think there will be something to show for it at the end. Like I've said before it is horses for courses to the Nth degree, if you look around, and it works for you, then go.

I'd like to think there won't be any big changes, but it's a business, and one that took about £18.5m last year (don't hold me to that). We can hope it has been bought as an ongoing concern and will stay as is, but who knows. They also have the airfield meaning its not just OAT that's on for a few changes.

Looking forward to hearing frm anyone who knows bit more than me on the subject.

Kind Regards
CR

Adios 21st June 2007 20:13

OAT didn't make £18.5 Million last year. That was their incoming sales revenue (turnover). Only a portion of that would have been profit and probably a small portion considering the investments they have made in infrastructure over the past few years. Looks like ploughing the revenue back in paid off for them.

GECAT did not buy the airfield, though you can bet BBA PLC will sell it when the price is right. It looks like they are using the same strategy there: invest (new hangars, wider runway, ILS), improve revenue, sell on when they can.

fibod 21st June 2007 21:08

They didn't plough the reveune back in Adios, they ploughed the profits back in :)

captain_rossco 21st June 2007 21:18

Like i said, don't hold me to that.

Regards

CR

Felix Saddler 21st June 2007 23:05

Im a prospective student and wonder whether i should wait a while to see what comes of this. Maybe they will add a TR to the APPFO... :O. Just a thought.

FS

Felix Saddler 21st June 2007 23:49

How long is long? I have time...

cfwake 22nd June 2007 10:24

Felix, put simply: they won't! What I would say is that on the basis that people are being scouted while they're still in Phoenix and invited to sim assessments before completing the course, the worst thing you can do if you're going to go and do flying training at some point anyway is wait around to see if you get a better deal. You won't. The market for us guys at the moment, from first hand experience, is good and if you have the ability and do well (ie, around the 90% mark for GS, which is the average at the moment as a rule of thumb) then you'll get a TR anyway. Very possibly even for free, as good numbers of people are discovering, again, from what I've heard from the guys who've graduated recently.

Groundloop 22nd June 2007 12:13

Funny how no-one has commented in this in the announcement:-


OAT’s pro-forma revenues for the 12 months ended 31 December 2006 amounted to £18.4 million and OAT will become an integral part of GCAT Flight Academy. This deal will enable GCAT Flight Academy to further accelerate their implementation of the new Multi Crew Pilot’s License (MPL) training curriculum.
As virtually no UK airline is in the least interested in the MPL what market will they be aiming at?

GrahamK123 22nd June 2007 22:52

"What I would say is that on the basis that people are being scouted while they're still in Phoenix and invited to sim assessments before completing the course"

Can I ask where you got that infomation from?

Gullyone 23rd June 2007 09:51

I know one student who was called on his way home from completing the MCC/ Jot and whas offered an assessment. A week later he was doing his T/R on a 146. Good eh.

cfwake 23rd June 2007 10:47

graham,

unfortunately having been using these forums for several years i have become cynical and used to being shouted down as soon as i post something, i can't tell whether you're asking genuinely or asking a question as in 'that's rubbish, who the hell conned you into believing that?', so apologies for the above if you are genuinely just curious!!!

got the information from:

1) the ground instructors
2) the students off courses ahead of me - the ones who WERE scouted
3) from the school

seems pretty solid to me!!

GrahamK123 23rd June 2007 18:44

The thing is that after, like n90bar, 2 months (out of the 4 spent here at goodyear) we have seen no evidence of this being true. There havn't even been any rumers of it happening. Neither has it happened to any of the courses out here that are about to leave /just left.

It has happened in the past but I think that was the exception rather than the rule. If anyone has any infomation about it maybe you could get in touch with the staff here so they can pass it on to us?

cfwake 24th June 2007 00:46

don't shoot the messenger!

all we know is what the uk instructors and various others have mentioned, no names mentioned. that said, went into one of the mcc sessions last week and one of the lads had a BA assessment the other day, the others haven't had so much luck but time of the year etc they mentioned flybe have been out there 'recently', although how recent 'recently' was i don't know, assume looking at their current situation we're not talking years ago.

you guys know how difficult the market is for this time of the year. you have also heard the story vis a vis the market for us leaving. the employment boards, irrelevant of how they got the jobs, show a decent proportion of students getting jobs soon after finishing - before our six months is up anyway...

i know the boards now show 254 almost fully employed and they finished what 4 months ago, so it's not all bad. seems to be holding to about the 80% in 6 months mark. nicely baited boys!


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