In a move aimed at reducing financial barriers for prospective pilots, the airBaltic Pilot Academy has announced a substantial revamp of its payment structure for its commercial pilot training. Following successful completion of the academy’s assessment, airBaltic has pledged to provide loans covering the majority of study fees for aspiring pilots.
Martin Gauss, President and CEO of airBaltic, emphasised the importance of the new system in making pilot studies more accessible. “The relatively high cost of pilot studies has long been a significant obstacle for young, aspiring individuals seeking to fulfil their dreams of becoming airline pilots. Our new payment structure is a testament to airBaltic’s dedication to fostering educational opportunities within the Pilot Academy, and will undoubtedly open doors for more students to pursue a career in aviation,” he stated.
With the revised payment plan, students will be required to pay for ATPL theory studies and 45 flight hours, amounting to EUR 15,000. Upon successful completion of the airBaltic pilot assessment and subsequent employment with the company, airBaltic will extend a financing option to cover the remaining costs of the study programme.
Currently, the airBaltic Pilot Academy is home to 103 active students, hailing from the Baltic nations as well as other EU countries including Germany, France, Finland, Spain, and Italy. Over 10% of the academy’s students are female and, to date, 89 graduates of the Pilot Academy have progressed to join airBaltic as First Officers.
For further information on the airBaltic Pilot Academy and to apply for studies, please visit: www.pilotacademy.com