Should I follow my Dream?
10-13-2008, 09:18 AM
#1
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Joined APC: Oct 2008
Posts: 3
Should I follow my Dream?
My Name is Roger Dinkar I am 26 years of age and I am from India. I wont waste your time in telling you guys that how much i love flying and Fying was my only dream since childhood .
I am married .Both my parents are retired and have very limited source of income. Right now I am working as a Telecommunication Engineer with one of the Software companies.
I was not able to pursue aviation training after my 10+2 because of the financial crisis. Right now I am doing average in my career but I am not at all happy , because I am not doing what I want to ... That is flying
Off Late I was reading about the flying courses offered in Philippines which takes about 7-8 months to get CPL .And money Involved is about 35-38000$ .
My Questions Are
I will need to take a loan of 40000 $ against some collateral which will be My Family home .... Is it worth taking the risk as I am the only earning member of my family .
Will I be able to get a Job keeping my age my education and my marital status in mind
Whats the scene of job market right now?
Will they really take 7-8 Months or its just a gimmick ?
Finally I know I have to decide for myself but whats your take on my situation should I go ahead and leave my job then take a huge loan against my home then to leave to a foreign land leaving my wife and parents behind ? Is it worth doing all this ?
Please answer my queries by taking some time out from your busy schedule.
Thanks & Regards
Roger
I am married .Both my parents are retired and have very limited source of income. Right now I am working as a Telecommunication Engineer with one of the Software companies.
I was not able to pursue aviation training after my 10+2 because of the financial crisis. Right now I am doing average in my career but I am not at all happy , because I am not doing what I want to ... That is flying
Off Late I was reading about the flying courses offered in Philippines which takes about 7-8 months to get CPL .And money Involved is about 35-38000$ .
My Questions Are
I will need to take a loan of 40000 $ against some collateral which will be My Family home .... Is it worth taking the risk as I am the only earning member of my family .
Will I be able to get a Job keeping my age my education and my marital status in mind
Whats the scene of job market right now?
Will they really take 7-8 Months or its just a gimmick ?
Finally I know I have to decide for myself but whats your take on my situation should I go ahead and leave my job then take a huge loan against my home then to leave to a foreign land leaving my wife and parents behind ? Is it worth doing all this ?
Please answer my queries by taking some time out from your busy schedule.
Thanks & Regards
Roger
10-13-2008, 10:12 AM
#2
Moderator
Joined APC: May 2006
Position: ATP, CFI etc.
Posts: 6,056
Cub hasn't been pulling his weight on the newbie advisement program lately. Here goes.
My Name is Roger Dinkar I am 26 years of age and I am from India. I wont waste your time in telling you guys that how much i love flying and Fying was my only dream since childhood .
I am married .Both my parents are retired and have very limited source of income. Right now I am working as a Telecommunication Engineer with one of the Software companies.
I was not able to pursue aviation training after my 10+2 because of the financial crisis. Right now I am doing average in my career but I am not at all happy , because I am not doing what I want to ... That is flying
Off Late I was reading about the flying courses offered in Philippines which takes about 7-8 months to get CPL .And money Involved is about 35-38000$ .
My Questions Are
I will need to take a loan of 40000 $ against some collateral which will be My Family home .... Is it worth taking the risk as I am the only earning member of my family.
Short answer, not in today's commercial aviation market. You are going to also need a multiengine rating, a flight instructor certificate or two, and a year or so of entry-level flying experience to even get interviewed by a regional airline at the present time. The starting wages if you get hired are around $20k a year. In a word it is pure folly to throw away what amounts to a pretty decent living to gain only a mere chance at an airline career. If you were single and/ or financially very secure could pay for the training without a loan, I might say ok if you want to give it a try, but not in your situation as you describe it.
Will I be able to get a Job keeping my age my education and my marital status in mind?
Possibly, but not anywhere close to what you are making in the industry you happen to be in now.
Whats the scene of job market right now?
Not very good. Fuel and the recession have killed all the profits for the airlines. Hiring is at an alltime low, and many airlines are going out of business altogether.
Will they really take 7-8 Months or its just a gimmick ?
It can be done in that time frame, but at what cost. I got my commercial certificate using FBO's and flying clubs for around $15k.
Finally I know I have to decide for myself but whats your take on my situation should I go ahead and leave my job then take a huge loan against my home then to leave to a foreign land leaving my wife and parents behind ?
Don't do it, you will be sorry when you cannot earn enough money to even make the monthly loan payment and you lose your home equity. Learn to fly if you want, but pay for it out of pocket. Do not take the insane plunge you are talking about making here.
Is it worth doing all this ?
Obviously the customers at your Philippinean flight schools think so, but for every one of them there are many who have left the industry in frustration.
Please answer my queries by taking some time out from your busy schedule.
Thanks & Regards
Roger
No problem. I hope this helps.
-Cubdriver
Originally Posted by roger7060
My Name is Roger Dinkar I am 26 years of age and I am from India. I wont waste your time in telling you guys that how much i love flying and Fying was my only dream since childhood .
I am married .Both my parents are retired and have very limited source of income. Right now I am working as a Telecommunication Engineer with one of the Software companies.
I was not able to pursue aviation training after my 10+2 because of the financial crisis. Right now I am doing average in my career but I am not at all happy , because I am not doing what I want to ... That is flying
Off Late I was reading about the flying courses offered in Philippines which takes about 7-8 months to get CPL .And money Involved is about 35-38000$ .
My Questions Are
I will need to take a loan of 40000 $ against some collateral which will be My Family home .... Is it worth taking the risk as I am the only earning member of my family.
Short answer, not in today's commercial aviation market. You are going to also need a multiengine rating, a flight instructor certificate or two, and a year or so of entry-level flying experience to even get interviewed by a regional airline at the present time. The starting wages if you get hired are around $20k a year. In a word it is pure folly to throw away what amounts to a pretty decent living to gain only a mere chance at an airline career. If you were single and/ or financially very secure could pay for the training without a loan, I might say ok if you want to give it a try, but not in your situation as you describe it.
Will I be able to get a Job keeping my age my education and my marital status in mind?
Possibly, but not anywhere close to what you are making in the industry you happen to be in now.
Whats the scene of job market right now?
Not very good. Fuel and the recession have killed all the profits for the airlines. Hiring is at an alltime low, and many airlines are going out of business altogether.
Will they really take 7-8 Months or its just a gimmick ?
It can be done in that time frame, but at what cost. I got my commercial certificate using FBO's and flying clubs for around $15k.
Finally I know I have to decide for myself but whats your take on my situation should I go ahead and leave my job then take a huge loan against my home then to leave to a foreign land leaving my wife and parents behind ?
Don't do it, you will be sorry when you cannot earn enough money to even make the monthly loan payment and you lose your home equity. Learn to fly if you want, but pay for it out of pocket. Do not take the insane plunge you are talking about making here.
Is it worth doing all this ?
Obviously the customers at your Philippinean flight schools think so, but for every one of them there are many who have left the industry in frustration.
Please answer my queries by taking some time out from your busy schedule.
Thanks & Regards
Roger
-Cubdriver
10-13-2008, 10:17 AM
#3
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Thread Starter
Joined APC: Oct 2008
Posts: 3
Originally Posted by Cubdriver
Cub hasn't been pulling his weight on the newbie advisement program lately. Here goes.
No problem. I hope this helps.
-Cubdriver
No problem. I hope this helps.
-Cubdriver
Thanks & Regards
Roger
10-13-2008, 10:23 AM
#4
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,262
Originally Posted by roger7060
Thanks Cub I really Appreciate ... You have been a great help
Thanks & Regards
Roger
Thanks & Regards
Roger
But if you're looking at flying in Asia or elsewhere you might want to checkout the pprune website.
10-13-2008, 11:53 AM
#5
New Hire
Thread Starter
Joined APC: Oct 2008
Posts: 3
Originally Posted by rickair7777
I think cubdriver's advice was specific to the US...the outlook is not good here.
But if you're looking at flying in Asia or elsewhere you might want to checkout the pprune website.
But if you're looking at flying in Asia or elsewhere you might want to checkout the pprune website.
Thanks Rickair I am checking the link provided by you ...are there any other forums or websites which can be usefull for me .
Thanks
10-13-2008, 11:50 PM
#6
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Joined APC: Oct 2006
Position: 777, sofa
Posts: 1,183
roger,
Are you now living in India? Or are at least born there with the right to work?
My understanding is that flight time requirements for Indian Nationals are greatly reduced from the requirements for Expats flying there. Check out Kingfisher's and IndiGo's websites and click on their respective career tabs to determine the requirements which would apply to you.
I would not recommend this career to anyone. It has been a heart breaker for me. However, your situation might be different. If you can get hired on at a growing airline directly out of flight school, your time at the bottom of the list may well be short enough to give you the happy ending we all came looking for.
On the other hand, make sure the compensation package for National pilots is the same, or at least comperable to, what is being offered to Expats. If you're going to drop USD40K to get in the door, make sure the return on your investment is worthwhile.
And, I cannot stress this enough, make sure you have a "Plan B" to go back to in case the wheels fall off the airline business - can you go back to your present job and pay off the training debt?
best of luck
Rob
Are you now living in India? Or are at least born there with the right to work?
My understanding is that flight time requirements for Indian Nationals are greatly reduced from the requirements for Expats flying there. Check out Kingfisher's and IndiGo's websites and click on their respective career tabs to determine the requirements which would apply to you.
I would not recommend this career to anyone. It has been a heart breaker for me. However, your situation might be different. If you can get hired on at a growing airline directly out of flight school, your time at the bottom of the list may well be short enough to give you the happy ending we all came looking for.
On the other hand, make sure the compensation package for National pilots is the same, or at least comperable to, what is being offered to Expats. If you're going to drop USD40K to get in the door, make sure the return on your investment is worthwhile.
And, I cannot stress this enough, make sure you have a "Plan B" to go back to in case the wheels fall off the airline business - can you go back to your present job and pay off the training debt?
best of luck
Rob
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