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Old April 17th, 2007, 02:16   #10
Flying Ninja
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Join Date: Feb 2006
Location: NY
Posts: 120
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Default Re: Financing Flight Training

Quote:
Originally Posted by killbilly View Post
Ninja....

Hadn't seen you post in a while.

Curious - with the time you have in your logbook, would you consider returning to flying now, given the greater opportunities and hiring?
Of course I'm considering the hiring potential. However, I'm trying to figure out how to save up $12,000 to cover my loan payments for a year considering the 1st year pay at the regionals is nothing but laughable and hardly survivable. I would need to be based out of NY to live with the folks in order to save on rent/crashpad to help pay the loan...this is not negotiable. That narrows my list of airlines available to me down to less than a handful. The other side of the story is, it's been a long time since I've even looked at any of this Part 121 regulations and my instrument knowledge is as rusty as a door nail. I'm also going into it on my own with the unfortunate fact that I have CAPT on my resume, which I would love to not put down, but there's no other way to explain the 2 year gap in my life otherwise; not to mention that DC-9 type rating that marks me as a CAPT graduate (which my friend has advised me not to request the FAA to remove). I have no one at CAPT to substantiate my laurels nor do I want any from them. In other words, I'm just another street pilot.

So who knows...of course I'd love to do it...but what I want and what I can afford (ironic I have to be able to afford to work) are two different things. But thanks for thinking of me.

P.S. I like your avatar. That show kicks!
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Graduated CAPT 10/2005 - Summa Cum Laude, Highest Time (459TT/101ME) of any graduate! No Job, Big Debt!
Tip: Stay away from CAPT!
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