may i ask how you found this out?????

it just the person in charge of giving out the loans at Milton Kenyes is away on holiday... I know for a fact cause i'll to have a meeting with her tomarow,,,,,

just curious ????

:ok:

Any source for that, heli_port?

Funny.....

BUT YOU ARE WRONG,,,so please get the facts before you post!!!!!!

I know fact because I was talkn to them yesterday in person!!!!

But I will grant you that they might be stopping them SOON enough!!!

So it might be a good time to get yourself in a feckin load of debt then!:ugh:

who said it was a good time??????

Well, Celtic Pilot, you seem to want to spend a feckin great lump of money with Cabair......

I am not going to start debating here, I have tried to give advise to others all to no avail, its your money, glad its not mine. I went Modular, took 4 years or so to get a job, on the wrong side of 30 and yes it is nice being paid to fly a jet. but thank god I am not in 70K+ mountain of debt.

Right now there are a lot of pilots, with experience on the market, that will continue, from airlines going under and the likes of eaglejet, the problem is there are going to be less and less jobs. A friend of mine, who is a very qualified instructor cannot find a instruction job and he has Jet time as well, so now is not a good time to go integrated.

Rant over.

I agree, if you was coming out with a fATPL now it would be a very bad time. It does not seem though that people are thinking ahead. May be this a very good time to start training (maybe starting next year sometime) as lots of people have told me in this industry is that it is cyclical butalways going up. In this case, you wouldn't be qualified until end of 2010/beg 2011, things may be on the up again then. After all FlyBE and Ryanair have predicitons of starting recruiting again next year. I know you can not go into this industry with rose-tinted glasses but you have to have a certain amount of optomism otherwise how are you going to get through the ground exams never mind the IR!
You have to take educated risks either mod or inte and then just go for it.
Hopefully for everyones sakes we'll see an upturn in the industry next year, even if it is a slight one.

Anyway I suppose if everyone didn't start training and you was one of the few that did, it would be less competition in two years time or so when you are qualified!

Just a thought! :)

that point crossed my mind as well G-Fun.... Some valid points in your post

It funny you say that, the woman in HSBC said the same yesterday, that it is a very nad time for tose who have finished and need to start the repayments... If I start now, repayments wont be needed until Feb 2011.... Not to mention the salaries will have increased by a bit in that 2 and half years...

No offense Ford Cotina, but i'd listen the finance expert before yourself.... The repayments might be big, but It something im willing to do, to get there, and ive got a good backup plan so at least theres something in the bag at the end....

You do have to think ahead do the line, what may happen or what may nto... when it does end and airlines do recruit then there will be a huge explosion of student pilots... think of that for competition....

Bank ATPL funding...
 

You guys talk about banks funding your ATPLs...
No wonder Wall Street has biiiig problems...!
xxx
:*
Happy contrails

Fair Comment Celtic Pilot, just one thing though. The Finance Expert in HSBC works for them and after all they are in business, they make money by loaning people money.

My Sister is very high up in the Coop Bank, she just left HSBC for a better job. She is a financial expert and I take her impartial advice as she has no intention of selling me anything at all.

G-BFUN, you may have a point, but if there is a lot and there is, of other pilots out there who cannot get jobs now, what makes you believe that they will disappear in the next few years. I am working overseas as well as a lot of others, when the market picks up a lot of these pilots will be looking to move back here, thus cutting down on avaiable jobs for those of you just leaving training. I am not saying don't do this, just use common scence and maybe go modular then you will blah blah blah blah blah I might as well bang my head against a wall.
FC