CPL/IR and ATPL as my Postgraduate Studies

There are a few who asked me why am I embarking on my flight training and aren’t I too old for it.

Well, to me, it makes a lot of sense. For one, I love everything about flying and the aviation industry. Secondly, there’s no such thing as being too old to achieve your dreams. Plus, I’m only 23 right now.

There were also those few who asked me, what’s the use of my accounting degree then?

My explanation is usually this. Not only do I want to fly, I would also like to be involved in the management side of things. Not only that, I plan to have my own business one day. At least, I have some background in business and not just the technical side of things.

Also, to put that into perspective, you’d see others doing Masters and PhDs as part of their postgraduate studies. Well, I see CPL/IR + ATPL as my Masters studies. For others who asked whether I’ll be doing any postgraduate studies after my bachelor’s degree, indeed I am.

For those who do not know:

CPL = Commercial Pilot’s License

IR = Instrument Rating

ATPL = Airline Transport Pilot’s License

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Would you consider education/study loan as a bad debt?

What are bad debts? Well, refer to a previous entry on what I’d consider as a bad debt. Basically, when you take out a loan to purchase things that has no ability to yield anything towards your wealth-making journey, then that’s a bad debt. That’s my interpretation anyway.

Anyway, think about this situation. How about if you take out a loan to further your studies or skills? Would you consider that as a bad debt?

Now, let’s put a spin to that scenario. How about if you already have other qualifications and you are already working? Would the loan then qualify as a bad debt? For example, you already have a Bachelor’s degree in Finance and you’d like to fund your MBA studies through study loans. What do you guys think?

Reason I’m asking is this. As a lot of you might already know, I want to become a pilot. Unless an airline can take me on, the only way I can become one is by funding the training myself.

If I stay here in Australia, I can work (assuming somebody will actually hire me) and pay my flight training on an ad-hoc basis. If I return to Malaysia however, I need to train on a full-time basis, thus coming to the need of having a huge lump sum to fund the training. The only way to get that huge sum of money is through financing. Now the million-dollar question is, am I willing to include a RM250,000 long-term loan on my balance sheet?

Oh, by the way, ditching the flying bug is definitely not an option that I’ll ever consider.

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Once an aviator, forever an aviator… (Three inspiring videos)

Aviators and future aviators, have a look at the videos below.

1. Etihad commercial. Been watching this pretty much every day for quite some time. Truly “Inspirational”.

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Thank you sir for giving me hope again

Sometimes, unexpected things may happen. Sometimes, the magnitude of a simple gesture is enough to inject motivation into my soul again.

A few days ago, something really great happened. A man from faraway land had given me hope again. You know who you are sir. I can’t thank you enough. It probably was nothing but it was indeed of value to me. Believe it or not, getting into that company is something that I have been aiming for.

Again, thanks for giving me the chance to at least try (I know I have repeated this many many times).

One thing for sure is that I’ll work bloody damn hard if I get in. If everything goes well and I’m able to join your ranks, who knows, I might be sitting to your right one day. It would truly be an honour sir. Thank you.

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So, you wanna be a pilot? (Air Asia’s Cadet Pilot Recruitment Campaign)

Air Asia has been running a campaign since 1st April 2009 in the effort to recruit new cadet pilots to be inducted into their organisation.

Basically, what you’re supposed to do is to blog about why you want to become a pilot. The best 10 bloggers will be given a chance to have a go at embarking on a journey in becoming a pilot with Air Asia. Have a look at Air Asia’s Blog.

The blog competition ends on the 15th May 2009.

Air Asia even made a video for the blog competition.

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