Go Back  PPRuNe Forums > PPRuNe Worldwide > South Asia and the Far East
Reload this Page >

Vietjet Cadet Program versus Bamboo Cadet Program

South Asia and the Far East News and views on the fast growing and changing aviation scene on the planet.

Vietjet Cadet Program versus Bamboo Cadet Program

Old 8th Jul 2020, 00:38
  #1 (permalink)  
Thread Starter
 
Join Date: Dec 2006
Location: cyberspace
Posts: 181
Likes: 0
Received 0 Likes on 0 Posts
Vietjet Cadet Program versus Bamboo Cadet Program

What's the difference between the Vietjet Cadet Program and the Bamboo Cadet Program?

Price? Time? Quality?
PosClimb is offline  
Old 10th Jul 2020, 08:15
  #2 (permalink)  
 
Join Date: Dec 2016
Location: Asia
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
VietJet is about $200,000 USD including the cost of your TR and the $20,000 the CAAV wants for a Vietnamese license if you didn't go to one of their approved schools.

I don't know what the total cost is for Bamboo. Their cadets are probably sworn to secrecy because these programs are very hush-hush since a lot of money is changing hands between people under the table.

I've read $87,000 for Bamboo, but that wouldn't include your TR. And there will no doubt be "extra" expenses, such as the CAAV's $20K fee and any other fees they can dream up.

At any rate, the airlines are in dire straights right now. Anyone handing over huge sums of money to airlines in 3rd world countries is one hell of a gambler.

I've heard the VietJet cadets have all been sent home, and I'm sure many are sweating bullets.

I've heard a lot of them borrowed the full $200,000.

Yikes...



Last edited by slate100; 10th Jul 2020 at 10:39.
slate100 is offline  
Old 13th Jul 2020, 15:43
  #3 (permalink)  
 
Join Date: Jun 2020
Location: Ho Chi Minh
Posts: 10
Likes: 0
Received 0 Likes on 0 Posts
Bamboo is in deep financial crisis, with debits with most of handling agents and airports.
They are not paying employee salaries since February
rilawa is offline  
Old 14th Jul 2020, 03:53
  #4 (permalink)  
 
Join Date: Jun 2011
Location: hang on let me check
Posts: 652
Likes: 0
Received 0 Likes on 0 Posts
I honestly struggle to understand how anyone plans to spend 200.000 us dollars for a pilot program.
I know universities can be that expensive in the US, and still no way I or anyone I know would have been able to afford that, but at least It’ s an Ivy League university degree.
I have been flying for 20 years and I am shocked by these numbers.
bringbackthe80s is offline  
Old 14th Jul 2020, 08:15
  #5 (permalink)  
 
Join Date: Feb 2020
Location: Asia
Posts: 55
Likes: 0
Received 0 Likes on 0 Posts
I can only second that. Close to 17 years of flying and my initial CPL/ME/IR (200hrs) cost me around 20k EUR doing a modular course spreading over a 2 year period with the odd job in between to support myself. Now even if i correct for inflation will it come close to the 200k USD mark. Unbelievable.

Last edited by j.nips; 14th Jul 2020 at 12:41.
j.nips is offline  
Old 14th Jul 2020, 09:08
  #6 (permalink)  
 
Join Date: Dec 2016
Location: Asia
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by j.nips
I can only second that. Close to 17 years of flying and my initial CPL/ME/IR (200hrs) cost me around 20k EUR doing a modular course spreading over a 2 year period with the odd job in between to support myself. Now even if i correct that for inflation the number doesn't even come close to the 200k USD mark. Unbelievable.

There are a lot of extremely rich people in Asia. Most are poor or sorta middle, but for a minority $200,000 is pocket change.

If you factor in the cost of your basic PPL/CPL/ME IR, and say it costs you $60,000, you're basically looking at around $260,000 for Vietjet.

Again, for some people, that's spare change.

In Asia, buying jobs with black money is par for the course. It happens in other industries too, and it's especially common in Vietnam.

VietJet is just exploiting people's desperation and adding wannabee FO's to the "revenue" column in their books rather than the "expense" column.

The woman who owns VJ is a billionaire. In a way, this whole thing is sheer genius from a business point of view.


Last edited by slate100; 14th Jul 2020 at 10:04.
slate100 is offline  
Old 15th Jul 2020, 09:56
  #7 (permalink)  
 
Join Date: Jul 2020
Location: well behind you
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by slate100
There are a lot of extremely rich people in Asia. Most are poor or sorta middle, but for a minority $200,000 is pocket change.

If you factor in the cost of your basic PPL/CPL/ME IR, and say it costs you $60,000, you're basically looking at around $260,000 for Vietjet.

Again, for some people, that's spare change.

In Asia, buying jobs with black money is par for the course. It happens in other industries too, and it's especially common in Vietnam.

VietJet is just exploiting people's desperation and adding wannabee FO's to the "revenue" column in their books rather than the "expense" column.

The woman who owns VJ is a billionaire. In a way, this whole thing is sheer genius from a business point of view.
The mount you refer for VJ is not true and basically you will never get that money back in your life because aviation market is over. They are just collecting money from desperate and blind that refuse to realize the game.
Nguyen69 is offline  
Old 15th Jul 2020, 14:55
  #8 (permalink)  
 
Join Date: Dec 2016
Location: Asia
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Nguyen69
The mount you refer for VJ is not true and basically you will never get that money back in your life because aviation market is over. They are just collecting money from desperate and blind that refuse to realize the game.
The amount is true if you're a foreigner. (Vietjet Fee + Agent Fee + CAAV fee + Interview fee + A320 TR Cost).

If you're a Vietnamese, the price is different.

And aviation is not over. In a couple years this virus will be over and things will be back to normal.
slate100 is offline  
Old 15th Jul 2020, 19:02
  #9 (permalink)  
 
Join Date: Mar 2003
Location: Here
Posts: 1,014
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by slate100
And aviation is not over. In a couple years this virus will be over and things will be back to normal.
So you have the power of seeing into the future?
BAe 146-100 is offline  
Old 15th Jul 2020, 19:49
  #10 (permalink)  
 
Join Date: Sep 2019
Location: Cincinnati
Posts: 697
Likes: 0
Received 28 Likes on 9 Posts
Originally Posted by BAe 146-100
So you have the power of seeing into the future?
No it's called common sense.
Climb150 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.