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CTC Wings Cadet
Designed for applicants with no flying experience, and makes you eligible for a job with one of our partner airlines.-
CTC Wings iCP
A self-funded, integrated pilot programme designed to get you from no experience to the issue of your CPL/IR. -
CTC Wings ATP
For pilots who already hold a CPL/IR, this advanced course will make you eligible for employment with one of our partner airlines. -
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CTC Wings iCP
Financing your airline pilot career.
Introduction
CTC Wings iCP is a self funded route into CTC Wings and takes the successful applicant to their 'frozen' ATPL (CPL/IR - fATPL) licence issue.
The current cost of the CTC Wings iCP training course is £73,425.07 including VAT.
This course fee is paid in 3 instalments to CTC as follows:
- The first instalment of £9,980.22 is due upon signature of your CTC Wings iCP agreement with CTC, which is offered upon successful completion of the selection process.
- The second instalment of £37,658.31 is payable 14 weeks after the commencement of training.
- The 3rd instalment of £25,786.54 is payable 45 weeks after the commencement of training.
What happens after the basic training?
Once the CTC Wings iCP course is completed you may wish to apply for the CTC Wings ATP route to commence the airline side of training with a possibility of flying as a CTC FlexiCrew pilot or placement with one of our partner airlines.
If you are accepted onto the CTC Wings ATP you must first successfully complete the Airline Qualification Course (AQC), a three week bridging course between ab-initio and type rating training. Successful completion of an AQC is a prerequisite of entering the hold pool of pilots for placement.
There will be a further charge for the AQC which is payable before that course commences.
A very important point to note here though is that as someone having completed their CPL/IR training with CTC you will benefit from priority airline placement opportunities as if you were a CTC Wings Cadet. As we will have been working closely with you throughout your basic licence training, we will be very familiar with your training file. Therefore, instead of placing you on the CTC Wings ATP database at this point (as would be the case for any pilots joining the programme at this intermediate point of entry from other training providers), having completed the Airline Qualification Course(AQC) to the CTC Wings standard, you will retain your seniority as a CTC Wings Cadet and be placed in the CTC Wings Cadet hold pool to take advantage of the future airline placement opportunities alongside your course colleagues.
What's included?
Understanding what's included
The current cost of the CTC Wings iCP training course is UK £73,425.07 including VAT and GST.
To help you budget, we've included as much as we can in this price and the table below shows the extras you need to plan for.
Full details on the finance arrangements for CTC Wings iCP will be provided at your assessment day.
| What's included | What's not included |
|---|---|
| Flights to and from New Zealand | Food & Living costs |
| Uniforms | Fuel for NZ vehicles |
| Ground Training | CAA licensing fee |
| Flight Training | CRC checks |
| Self catering accommodation during training | Remedial training & retest fees |
| Shared use of transport in New Zealand | Insurance, medicals and visas |
| Airport transfers | |
| JAA theory exam fees | |
| License skills test fees | |
| Training materials |
Funding Options
The choice of where you obtain the funding for any route into CTC Wings is entirely up to you. We have detailed three possible options below.
Banco Bilbao Vizcaya Argentaria, S.A
Banco Bilbao Vizcaya Argentaria, S.A is a Spanish bank based in London who are happy to accept applications for the funding of pilot training. They will assess each application individually buy will require the loan to be secured against a property in the UK.
They are unable to offer unsecured loans for pilot training. As a guide only, the terms of the loan can be found here. Please be aware that these may change at any time without notice.
Guarantee Required: Mortgage over a property in the UK
Maximum amount: Full cost of the course plus expenses if required.
Repayment period: 10 years maximum (including 18 month holiday period)
Interest: 2.5% plus BofE base rate
Insurance: Life and building insurance policies assigned to BBVA
Payment holiday: 24 months
Set up commission: £650 flat fee (any further advances or modifications will incur a commission of £350.00 per advance or modification)
BBVA legal expenses: The precise amount will depend on your circumstances but we estimate it will be approximately £1,250 (including estimated third party guarantor's legal fees)
Full or partial early cancellation commission: No charge
Professional and Career Development Loans
Professional and Career Development Loans are bank loans that can be used to help pay for work related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year’s relevant unpaid practical work).
The Learning and Skills Council will pay the interest on the loan while you are in training with us and for one month afterwards. The loan can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries.
Because the Professional and Career Development Loan is a commercial loan product, they should only be considered as an option once all other student funding options have been investigated. For further information on financial assistance to support your learning, please visit www.direct.gov.uk/adultlearning or contact Careers Advice on 0800 100 900.
CTC's Learning provider number which you will need to quote is: 10187.
BNP Paribas
CTC has agreed terms with Paris-based BNP Paribas to provide funding solutions for suitable CTC Wings applicants. Candidates who are selected by CTC for the CTC Wings programme can open checking accounts in one of 6 international branches* and apply for student loans. Each application will be assessed individually.
1. Cadets can open a checking account with the Esprit Libre banking service plan. Those who are between the ages of 18 to 24 benefit from no monthly fees for two years for a Visa checkcard and an interest-free overdraft limit of 800€, within the interest-free threshold of 3€ (i.e a few days of credit).
2. Cadets can benefit from Student loans at a fixed interest rate of 2.70% (until further notice) which will be studied on a case by case basis.
Student loan terms and conditions:
•Parents must be French fiscal residents
•Maximum loan amount of 50,000.00€ (loan available according to the needs during the 5-year defferred period)
•Loan payments can be deferred for 5-year period commencing from the date of advance
•Loan term may be up to 10 years (deferral period included)
•Co-signers must be insured in the event of death or total and permanent disability and temporary inability to work (group insurance Cardif - Bnp Paribas Assurance).
•Cadets must provide a letter from CTC Aviation confirming they have been selected and presenting a payment schedule.
* Only 6 specified branches of BNP Paribas are aware of this arrangement and able to assist. Details of these specific branches are available on request from CTC's Pilot Administration Manager and will only be given to candidates who have passed selection.
