Costs
#1
On Reserve
Thread Starter
Joined APC: Aug 2006
Posts: 10
Costs
Hey,
how come most Commercial Licences cost up to 40 or 50k? As far as I know you fly as a student the first halgf year. But in the second year you operate as an instructor and earn between 15 and up to 35$/ h. So if I fly 500 hours as an instructor I'd earn 17.500$. So how come I have to pay up to 40.000$ for a licence? How can I spend 40k in one year?
how come most Commercial Licences cost up to 40 or 50k? As far as I know you fly as a student the first halgf year. But in the second year you operate as an instructor and earn between 15 and up to 35$/ h. So if I fly 500 hours as an instructor I'd earn 17.500$. So how come I have to pay up to 40.000$ for a licence? How can I spend 40k in one year?
#2
depends on what the program offers.. some offer tons of multi time at $225 a pop, which can quickly add up... others offer transitional courses to set you up for the airlines...
i know there are some guys here that are from ATP and ERAU, but my personal advice is to fly at a small flight school.. more one on one time, avaibility, and generally good prices...
i know there are some guys here that are from ATP and ERAU, but my personal advice is to fly at a small flight school.. more one on one time, avaibility, and generally good prices...
#3
I would recommend against FBOs - from my experience they don't give you a set price / set timeframe that ALL ATP can. I have had a few bad experiences with them...They give estimates and that can quickly add to the price.
ATP is my choice of schools to attend. I just like their product (FAA tickets - all you'll ever need in aviation, fixed price, fixed timeline, ME time as a student, CFI opps after you finish, lots of locations to choose from as a student / CFI with them) and have heard good things about them from CFIs to 121 / corporate / fractional CAs/ FOs.
No one shoe fits all. I recommend researching the options and deciding which is best for you. There are plenty of folks on board that will answer any questions you have.
-LAFF
ATP is my choice of schools to attend. I just like their product (FAA tickets - all you'll ever need in aviation, fixed price, fixed timeline, ME time as a student, CFI opps after you finish, lots of locations to choose from as a student / CFI with them) and have heard good things about them from CFIs to 121 / corporate / fractional CAs/ FOs.
No one shoe fits all. I recommend researching the options and deciding which is best for you. There are plenty of folks on board that will answer any questions you have.
-LAFF
#5
On Reserve
Thread Starter
Joined APC: Aug 2006
Posts: 10
@LAFrequentFlyer: Could you tell me how you paid for your commercial? Could you also give me a link to the ATP?
@Zach: With those 199 hours you got your commercial. But to become a pilot at an airline you'll need some 1000 hours, don't you?
And: If you say a licence costs 40.000$, are those 17.500$ I'd make as an instructor included or excluded? What I mean is if I pay for my licence and I operate as an instructor I'd get up to 17k. So at the end I actually "just" pay 23k.
ANd: Is a degree necessary to be accepted as a pilot at an airline?
Thanks in advance
@Zach: With those 199 hours you got your commercial. But to become a pilot at an airline you'll need some 1000 hours, don't you?
And: If you say a licence costs 40.000$, are those 17.500$ I'd make as an instructor included or excluded? What I mean is if I pay for my licence and I operate as an instructor I'd get up to 17k. So at the end I actually "just" pay 23k.
ANd: Is a degree necessary to be accepted as a pilot at an airline?
Thanks in advance
#7
I know a few pilots at the majors without a college degree, but that is NOT the norm. They "fell" into their jobs some other way. You will need a degree to be competitive. I got my Master's degree for that reason.
#8
Gets Weekends Off
Joined APC: May 2006
Position: Corporate Chief Pilot
Posts: 198
The majors prefer a degree, and there is quite a bit of competition, so yes.
#9
On Reserve
Thread Starter
Joined APC: Aug 2006
Posts: 10
So you pay up to 30.000$ in one year to become a CFI. Then for about a year you fly as a CFI, instruct new students and earn up to 30$/ hour. That makes 17.000$ (at ~500 hours) you earn that second year. So in the end you have a bill of 30.000$ in the first year - 17.000 in the second year wich makes 3.000$ total after two years?
Can you guys affirm that for me?
I currently live in Germany, went to and finished school here and plan to move back to the states because I failed the Lufthansa qualification test. So before moving to another country I need to plan everything through in every detail (I am half American, half Australian - so moving to the states would be no problem).
Can you guys affirm that for me?
I currently live in Germany, went to and finished school here and plan to move back to the states because I failed the Lufthansa qualification test. So before moving to another country I need to plan everything through in every detail (I am half American, half Australian - so moving to the states would be no problem).
#10
Sorry to hear about your failure with Lufthansa.
www.allatps.com
I don't have a commercial. I have a PPL - completed with a lot of BS at local FBOs. Most of that was my own fault for not being educated about the aviation world.
I paid for my PPL while on active duty out of pocket.
-LAFF
www.allatps.com
I don't have a commercial. I have a PPL - completed with a lot of BS at local FBOs. Most of that was my own fault for not being educated about the aviation world.
I paid for my PPL while on active duty out of pocket.
-LAFF
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