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Old 04-11-2016, 11:07 AM
  #7  
Adlerdriver
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Joined APC: Jul 2007
Position: 767 Captain
Posts: 3,988
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Originally Posted by EchoBravo93 View Post
I am seeking worthy advice from any professional pilots (or anyone really with knowledge or experience pertaining to this topic), is this a reasonable price for their flight training and becoming an airline pilot or am I better off going about becoming a pilot some other way? In your opinion, do you think this is really worth it?
No it's not a "reasonable" price. Don't pay an airline to possibly offer you a job (especially not $125 grand). Oh... but it's in 15 monthly installments ... which works out to about $8300 per month. Do you have that kind of cash kicking around? You won't even gross that until maybe year 4 if you actually get the job. I'm sure they'll find someone to give you a loan - read the fine print - and thanks to that pesky interest thing that goes along with a loan, you're not talking $125,000 any more.

What happens if JB declares bankruptcy before you're actually hired?
What if they completely go under?
What if they get bought or merge with another airline?
What if the economy tanks and they stop hiring - are you going to keep training (and paying them)?

There's no guarantees in this business and you're really putting all your eggs in one basket. You need ratings and real experience that you can take to any employer looking for pilots and be competitive. There's no way to end-run that and somehow skip to the front of the line with a bunch of money. Hitching your horse to a single cart full of blue Kool-Aid is a really bad idea, IMO.
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