LIFT: RPA commitment for training?
#81
The reason i am enrolling in this program is the access to (Reasonable) financing. Unfortunately i've tried the pay as you go method and it just wasn't working due to money constraints. I looked at other fast track programs and almost enrolled in ATP until I realized the true cost of it and what the loan repayment would look like. I also would like to stay close to home and luckily for me, Indy is only a four hour drive.
Same here except Indy is almost half way across the country from me! How far is Indy from West Lafayette? I have a friend who lives there.
#82
I would assume the biggest draw for most would be the fact that the financing is backed by republic, so a co-signer is not required. I know that seems to be a big issue for most when trying to get into ATP style schools. Otherwise there is not too many differences over other schools that I can see. The guaranteed FO class at Republic will no doubt draw in some of those who have not been tuned into the industry and realize that getting into a regional is not as difficult as it has been in the past.
I’m drawn to LIFT Academy because of the financing being backed by Republic. I’ve been paying attention to the industry for a few years now and had my choice of regionals narrowed down to Republic and PSA.
#83
Gets Weekends Off
Joined: Jan 2007
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This isn’t a Part 61 local flight school for non-career minded folks. They seem like they want to operate it like ATP. Churn out pilots and keep a schedule. ATP seems to do it at a high level and doesn’t seem to make a lot of exceptions.
Edit: To Add, all the testing is probably to determine aptitude so the candidates can reasonably be assure of passing an accelerated program and in effect it is a job interview as they are offering guaranteed jobs as a CFI and FO at YX.
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Edit: To Add, all the testing is probably to determine aptitude so the candidates can reasonably be assure of passing an accelerated program and in effect it is a job interview as they are offering guaranteed jobs as a CFI and FO at YX.
Sent from my iPhone using Tapatalk
#84
Gets Weekends Off
Joined: Apr 2018
Posts: 138
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From: E170 CA
RPA is no worse than the 2nd best regional airline from a pilot’s perspective right now, with Endeavor being the other contender. (I’m certainly open to dissenting opinions on this, but my point is that RPA has a great thing going currently.)
That being said, given the dynamic nature of regional airlines and their inherent instability, is it wise to lock into a single airline so far in advance? Other than $85K (LIFT’s marketing number??) of training for $65K, what TRUE BENEFIT/ADVANTAGE does this LIFT/RPA program provide to pilots in today’s industry?
I have no agenda here. I will likely apply to RPA when I reach ATP mins. But I’m truly not sure what I’m missing about the upside of this LIFT/RPA program... Can anyone throw me a bone here?
That being said, given the dynamic nature of regional airlines and their inherent instability, is it wise to lock into a single airline so far in advance? Other than $85K (LIFT’s marketing number??) of training for $65K, what TRUE BENEFIT/ADVANTAGE does this LIFT/RPA program provide to pilots in today’s industry?
I have no agenda here. I will likely apply to RPA when I reach ATP mins. But I’m truly not sure what I’m missing about the upside of this LIFT/RPA program... Can anyone throw me a bone here?
There are a few other smaller things but the above are the main two draws for me.
I know with the current hiring environment you pretty much have a choice anywhere but I've also noticed that's not exactly accurate. For example: Envoy is mainly only hiring those in their cadet program and those in the cadet program get other benefits above OTS'. Like first pick on aircraft and bases. No matter how you slice this it will also make it more competitive for OTS' hires since there will be less openings. With RPA starting their own flight school I imagine we will see similar constraints to OTS' at RPA.
#86
On Reserve
Joined: Jul 2018
Posts: 18
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From: Interviewing@RAH
#87
Gets Weekends Off
Joined: Aug 2013
Posts: 445
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So just to update, I have managed to get home and check my mail but nothing yet, however I did get an email with all of the web links to apply for the financing etc.
Guess what, despite earlier information directly from LIFT, Republic is NOT guaranteeing the finance and I was rejected by the finance company. This is despite having a 6 figure salary and decent credit. So at this point I guess I will be looking elsewhere. I will have my commercial mins in a few weeks so will most likely go get my comm and multi and find a pt 91 or 135 gig.
Guess what, despite earlier information directly from LIFT, Republic is NOT guaranteeing the finance and I was rejected by the finance company. This is despite having a 6 figure salary and decent credit. So at this point I guess I will be looking elsewhere. I will have my commercial mins in a few weeks so will most likely go get my comm and multi and find a pt 91 or 135 gig.
#88
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Joined: Feb 2018
Posts: 78
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I haven't gotten my packet yet but i did get an email last night with more information on the loan. Im pretty disappointed to be honest. The maximum term is 10 years and it looks like repayment begins while you are an instructor.
#89
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Joined: Feb 2018
Posts: 78
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So just to update, I have managed to get home and check my mail but nothing yet, however I did get an email with all of the web links to apply for the financing etc.
Guess what, despite earlier information directly from LIFT, Republic is NOT guaranteeing the finance and I was rejected by the finance company. This is despite having a 6 figure salary and decent credit. So at this point I guess I will be looking elsewhere. I will have my commercial mins in a few weeks so will most likely go get my comm and multi and find a pt 91 or 135 gig.
Guess what, despite earlier information directly from LIFT, Republic is NOT guaranteeing the finance and I was rejected by the finance company. This is despite having a 6 figure salary and decent credit. So at this point I guess I will be looking elsewhere. I will have my commercial mins in a few weeks so will most likely go get my comm and multi and find a pt 91 or 135 gig.
#90
Gets Weekends Off
Joined: Aug 2013
Posts: 445
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Does the loan application allow for a co-signer? Im really sorry to hear that after doing all his work! I wonder if you could reach out to LIFT and see if there is anything they can do? Im not sure how anyone will be able to get approved for the loan if you cant with a 6 figure salary.
I wasn’t even looking for the full $65 as I am already Instrument Rated and would have my commercial prior to starting. Oh well, onwards onto the next option. Just irritating to travel from Louisiana to Indy on my own dime for no reason.
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