The CAPT program doesn't really qualify for the vilified PFT status because you're not guaranteed a job with an airline, nor are you paying to occupy the seat of an aircraft that someone would otherwise be paid to occupy. In the technical sense, you are paying for training that may or may not qualify you for a job, but you are not buying your way into the right seat of a RJ.
You're new here so just a word of advice...if you want to stir things up, pick a different topic. The PFT thing has been done to death. Look into Gulfstream Academy for your textbook PFT example and use that as a basis to judge whether or not a program is truly PFT.
PFT-pay for training. This is when a pilot is hired by a company on the contingency that he pay for his own initial training, usually to the tune of about $10K.
PFJ-pay for job. This is when one takes a "job" at a company, except that he pays the airline for the "privilege" of flying their equipment.
PTMFT-pay too much for training. The method most commonly mistaken for PFT. This is when a school baits a students with airline dreams to get him to pay $50-$80K for basic (0-CFI) training when it could have been done at an FBO for $15K. As much as this method makes me cringe for the student, I have seen many cases where it has meant the difference between getting hired and not getting hired in terms of timing and the hiring window.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.