Budget carrier Cebu Pacific opened another 16 slots to prospective pilots under its “study now, pay later, zero-interest” program.
In an emailed Sunday statement, Cebu Pacific said they started accepting applications on Thursday-August 8, and would continue to do so until next Sunday-August 18.
The incoming batch of cadets would be the eighth batch of recruits who would undergo 52 weeks of integrated flight training, theory, and education at Flight Training Adelaide in Australia.
They would also undergo an additional four weeks of training to obtain a pilot’s license under the Civil Aviation Authority of the Philippines (CAAP).
Under the program, the airline would initially shoulder the costs and amortize the payment for the course.
The program would be financed by the carrier, and successful pilots who enter the airline would reimburse the cost of the program through salary deductions over a maximum of ten years.
The application process begins with online pre-screening, followed by an on-site screening for core skills and pilot aptitude tests, among other examinations, for which a fee of $425.00 or about P19,000 would be charged.
Qualified applicants had to have an average grade of at least 80 percent or its equivalent in subjects related to Math, Physics, and English.
At present, the company has 74 cadet-pilots in its program, with the first batch expected to assume First Officer duties in the fourth quarter of 2019.
In 2017, Cebu Pacific said they would be shelling out some $25 million during the next five years of the cadet pilot training program.