Financing your journey can be a real struggle for many aspiring pilots. However, we’ve got you covered.
Type Rating
The majority of airlines in the UK and Europe have methods in place to assist you in funding your very first Type Rating. We’d recommend these over going out and self-funding a Type Rating before applying for a job as this comes with inherent risk:
- You cannot be sure that you’ll pay for the Type Rating on the same aircraft as an airline may wish for.
- You’ll be paying from net savings.
Advantages to choosing a salary deducted Type Rating:
- All deductions will be made gross. This means that a proportion that would be going to the tax man will be used to finance the training.
- No need to save or pay up front – payments will be deducted as part of a salary sacrifice scheme, monthly.
- You won’t run the risk of restricting yourself (for example, paying for a B737 type rating, then deciding you’d actually like to fly for an airline that only operates A320 family aircraft)
- All your training will be done in line with your new airline’s SOP’s
Please check back very soon for a comprehensive guide to your options, as we’ll be covering numerous ways of funding your training. Also, please get in touch if you’d like to know more about the options available to you.
