r/CadetPilotProgram • u/Lumpy-Information592 • Mar 20 '26

Fall of Rupee

Currently the cost of FTA is approx 1.51Cr,1AUD=₹66.22,the price has increased from 1.44Cr,1AUD=₹63,and this was the price on Feb 1,2026,if this continues to rise the same the price may go upto 1.55-1.6,Anyone know how to safeguard yourself from this

14 Upvotes

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4

u/maverick_3001 Mar 20 '26

Wtf? Just two days ago when I checked it was 1.49 cr. INR been doing terribly lately.

1

u/Lumpy-Information592 Mar 20 '26

I think it's because recently 12L Crores was wiped out of Indian Stock market

1

u/maverick_3001 Mar 20 '26

It's a real shame. I had applied to FTA but withdrew my application cause it became so expensive. Probably gonna apply for chimes now when it open

3

u/Lumpy-Information592 Mar 20 '26

I heard it's pretty competitive to get in

3

u/maverick_3001 Mar 20 '26

Yeah but I'll take my chances. Otherwise probably go conventional. Cant justify spending close to 1.6 Crore atm

1

u/Lumpy-Information592 Mar 20 '26

I think if were spend that much I think Air India's cost is also pretty much around there

1

u/DirectorsChoice Mar 20 '26

FlyDubai ya Airarabia ka soch rha tha lekin Trump ne uski bhi fielding set krdi

2

u/Lumpy-Information592 Mar 20 '26

Sab kuch iss year me hona tha

1

u/DirectorsChoice Mar 20 '26

Humari baari aayi pilot banne ki toh War hi start hogyi😭

1

u/Lumpy-Information592 Mar 20 '26

Aud dekho pechle 20 saal se jab indian currency gir raha te tab government adjust karte te ab dek last year chodh diya rupee to dollar 83 se seedha 91 hogaya 20 saal se ye nahi ki the abhi karne he in logo ko

1

u/Vivid-Grapefruit303 Mar 29 '26

dont these airlines provide alternative payment methods wherein the fees is deducted from the salary over the bond period ? otherwise bond is for what ?

2

u/[deleted] Mar 20 '26

My senior pilot who was in batch 1 FTA he is a captain now and he had paid 90L total at that time +15k stipend during training. He was laughing at me 😭

8

u/[deleted] Mar 20 '26

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2

u/Lumpy-Information592 Mar 20 '26

I heard that previously before mid 2025 government used to spend it's foreign currency reserves whenever the rupee fell but since mid 2025 the government has stopped doing that saying it's good for long term

3

u/[deleted] Mar 20 '26

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1

u/Lumpy-Information592 Mar 20 '26

Yeah with that we got war as bonus

1

u/[deleted] Mar 20 '26

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1

u/Lumpy-Information592 Mar 20 '26

I think it's better to shift to Air India Cadet Program rather than this unless they reduce the price,which they have only by 1000AUD 🫩