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Old 11-24-2017, 08:16 AM
  #11  
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Originally Posted by 831pilot View Post
work hard full time and pay cash for your ratings as fast as possible.
It's not really possible to do that these days
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Old 11-24-2017, 12:40 PM
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Originally Posted by SonicFlyer View Post
It's not really possible to do that these days
Why not? I did that, and plenty of other people have too
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Old 11-24-2017, 08:35 PM
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Originally Posted by 831pilot View Post
Why not? I did that, and plenty of other people have too
How long ago, how much did it cost, what was the duration?
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Old 11-25-2017, 01:09 AM
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Originally Posted by SonicFlyer View Post
How long ago, how much did it cost, what was the duration?
5-7 years ago, 40k, took just over 2 years..
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Old 11-25-2017, 12:58 PM
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Originally Posted by 831pilot View Post
5-7 years ago, 40k, took just over 2 years..
The market has changed dramatically since then. It is not even close to being that cheap any more. And I don't know too many people who can work full time and cash-flow an extra $20k/yr for flight training (not to mention not having the time to do so).
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Old 11-25-2017, 08:17 PM
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Originally Posted by SonicFlyer View Post
The market has changed dramatically since then. It is not even close to being that cheap any more. And I don't know too many people who can work full time and cash-flow an extra $20k/yr for flight training (not to mention not having the time to do so).
The market did change a lot in the last few years. The hourly requirements haven't changed, so it is possible to get it done in the low 40s, but sub $100/hour light trainers are getting harder to find, so that keeps driving the cost up.
I never really wanted to be an airline pilot so I wasn't worried about missing the seniority train, but in the current hiring environment 2 years is a lot of time spent just to get the initial ratings. For someone starting training today, a 60k flight training loan can be a viable option, especially now that the entry level pay is catching up to where it needs to be.
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Old 11-26-2017, 07:19 AM
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Originally Posted by 831pilot View Post
so it is possible to get it done in the low 40s
I don't think so. Not to mention the places that might be able to get it done that low will not be able to offer financing.
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