DESO is back. 2 day assessment in HKG. 747-200 sim check. They bring you from a Cathay port for you and your spouse to goto HKG for the 2 day assessment.

 

Where did you hear/read this? It is yet to be posted on their website and I have read nothing about this on PPrune.

If it is the case, what happens to those who are in the process of interviewing via the cadet route but are qualified to enter via the DESO route?

 

Not true....Is not DESO...it is still icadet T&C... better known as Cadet SO. They offered it to all the DESO who were in the Hold Pool from 2008/2009...I think out of the 60 in the pool only 2 have taken the reinterview the rest were smart enough to turn it down.They can call it what they like but the T&C is not what used to be...

 

From PPrune

I suggest you do a little more research than the CX careers website. Let’s look at two people that join CX. One as an ab-initio cadet and the other as a DESO. Both stay with CX for 6 years and then leave.

Ab-initio Cadet

1. Cost of pilot training paid by you with “Forgivable Loan” from CX = HK$1,100,000.00

2. After 6 years the “Forgivable Loan” is classed by the Inland Revenue Department as income and is taxed at the highest marginal rate of 17% = HK$187,000.00

3. 6 Years of “Housing Cash Allowance” = HK$720,000.00

4. Tax on Housing = HK$122,400.00

5. Net Financial Gain after 6 years = HK$410,600.00

DESO

1. Cost of privately funding pilot training = HK$540,000.00

2. 6 Years of “Housing Allowance, owner occupier” = HK$3,813,600.00 (Based on April 2011 housing assistance)

3. Tax on Housing = HK$648,312.00

4. Net Financial gain after 6 years = HK$2,625,288.00

So what has the cadet scheme costed you? The difference between the DESO and Cadet net financial gains = HK$2,214,688.00 which in Australian dollars = AU$266,830.00. That’s a pretty expensive flying training course no matter which way you look at it. My advice is there isn’t a free lunch.