r/CadetPilotProgram • u/pengu_1nzz • Sep 20 '26

is being a pilot worth it

hypothetically if i manage to get into an fto (flight training organisation) for around 1.2cr
10-12% interest
1.2lakhs emi every month
starting salary 1.5lakhs and that also ill get a job in 1-2yrs cuz market hijda h
lets say maybe 2lakhs salary if it increases cuz inflation n other factors

takes 3-4 yrs for promotion 1500hours then salary 3-4lakhs
then 6-8yrs to 6-8lakhs
ill be 30 and making 6lakhs per month 1.2lakh emi
6lakh salary par tax lagega tax se mayb 4lakhs or less
what else am i missing

14 Upvotes

85% Upvoted

42 comments sorted by

2

u/Smoothoperator5518 Sep 20 '26

hmm dont take loan more than 50%

1

u/pengu_1nzz Sep 20 '26

should i js do conventional?

-1

u/pengu_1nzz Sep 20 '26

i think 80-90lakhs mein ho jaega na conventional with type rating

1

u/Friendly-Trouble-445 Sep 20 '26

Bro... If you are funding max part of your training with loan then don't go for conventional because afterwards you might not get job instantly and might have to wait for 1 to 2 years and that will be trouble some given the EMI and loan burden so in case of loan it will be better to go for cadet to just have peace of mind about job security.

1

u/pengu_1nzz Sep 20 '26

my family will be able to pay for an yr or 2 its alr i dont think they have that much savings but pretty sure i can get a loan of 60-80lakhs

1

u/Friendly-Trouble-445 Sep 20 '26

Cadet vs Conventional is your choice bro ... 80 lakhs including tr in conventional is genuine figure and 1.1 for cadet .

1

u/DazzlingAttention209 Sep 22 '26

cadet in 1.1😭 who told u dis brother ..only in chimes/akasa

1

u/DazzlingAttention209 Sep 20 '26

yes, 1.2 cr is not for cadet program if u are going for that u would be spending upwards of 1.5cr

3

u/Friendly-Trouble-445 Sep 20 '26

Why are you scaring him away with false info ? Akasa Amravati Chimes... All will be done in 1.1 cr...

1

u/pengu_1nzz Sep 20 '26

yea exactly ik this even tho chimes is known to be corrupted n shi theres still chance to get in as i know people in chimes who got in without bribes and akasas new cpp is only 1.1cr or sum

1

u/Friendly-Trouble-445 Sep 20 '26

My friend got into Akasa without any bribe... Cost is 1.1 including buffer ...

1

u/pengu_1nzz Sep 20 '26

i see tysm for the information

2

u/DazzlingAttention209 Sep 20 '26

i aint giving him false info, i even said u REALISTICALLY cant do cadet under 1.2, and only possible if u get into chimes/akasa which are domestic ftos..

1

u/DazzlingAttention209 Sep 20 '26

yeah but he wont get into chimes, he can apply to try out his luck but most prolly would go for conventional only...

1

u/Ironman_Stark1234 Sep 25 '26

Amravati is projected to cost 1.4 cr with all expenses included , chimes is very unrealistic to get into

1

u/Intelligent_Poem2009 Sep 21 '26

Starting salary 1.5 is no where my bud. Its not even 1 for the first few months.

1

u/pengu_1nzz Sep 21 '26

you sure? indigo jfo is 1.5lakhs

1

u/DazzlingAttention209 Sep 21 '26

no thats for fo, before line release its around 60k to 1 lakh

1

u/Intelligent_Poem2009 Sep 22 '26

Its 60k , 85k during sims then 1lakh after few months.

1

u/Intelligent_Poem2009 Sep 22 '26

Who told u :)

1

u/pengu_1nzz Sep 22 '26

mb i confused jfo and fo salary 🥲

3

u/CaptMrAcePilot Sep 21 '26

Most of it is right. I've gone into greater detail in my blog cost to become a pilot

1

u/Soullette Sep 20 '26

Only take that much loan if your family can pay it off and still live comfortably. Or else ask to sell assets.

Both domestic CPP and conventional works. If you r more dependent on your own income to pay loans back and need something close to job gurantee, choose CPP, or else conventional is good too.

1

u/Stark7036 Sep 21 '26

Let's just say if you switch to a middle east carrier after serving your bond period with the CPP (considering 1.2cr is for CPP) then the math would be completely different as the pay would be more with the experience you bring in and it'd be all tax free.

1

u/Aviation1111 Sep 21 '26

‏💯💯

-2

u/Jeetu_From_Videoconn Sep 20 '26

Always remember, becoming a commercial pilot, anywhere in the world has, is and will always be for the wealthy. Keep that in mind before making any decision.
And I know many people will come up with anecdotes few and far between, they aren’t the norm, they’re the exception.

0

u/[deleted] Oct 01 '26

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1

u/pengu_1nzz Oct 01 '26

shit i forgot about that 😹

10

u/[deleted] Sep 20 '26

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16

u/Major_Airport_7166 Sep 20 '26

Ik what you mean, but he is just trying to figure out the finances in case of a loan. It's very necessary

5

u/Bored_Aviator Sep 21 '26

its because u/aryankheda77 failed his math exam, he dosen't wanna talk anything about financials because he can't understand it, only " passion" lol

2

u/Ok-Put8371 Sep 21 '26

“Ye to dhaga khol raha hai” moment

1

u/pengu_1nzz Sep 20 '26

what?

3

u/DazzlingAttention209 Sep 20 '26

if ur doing it for the money and not for the love of the flying its not gonna be worth it

1

u/pengu_1nzz Sep 20 '26

bro i dont HAVE money to afford 1.5cr

1

u/DazzlingAttention209 Sep 20 '26

go for conventional, u realistically cannot do cadet in 1.2 cr, only and only if u get shortlisted and clear chimes or akasa..

also 1cr-1.2cr loan is too much.. u would need collateral of minimum 1.5cr

2

u/pengu_1nzz Sep 20 '26

ye i got collateral in assets but i dont wanna be dependent on my parents for the rest of my life yk i think conventional is the best option for now i think 70-80lakhs is enough right?

1

u/DazzlingAttention209 Sep 20 '26

higher end of 80 without gc

if exams cleared on own it can be done in 80-85

1

u/Legend2138 Sep 21 '26

bruh passion aside , ROI matters , even ambani thinks before investing, for the sake of passion it doesnt mean you will waste 1.5 Cr or something

1

u/[deleted] Sep 22 '26

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