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'Study now, pay later' as Cebu Pacific looks to train new pilots

MANILA - The country's largest carrier Cebu Pacific on Monday said it is now accepting applications for the second batch of cadet-pilots under its "study now, pay later scheme."
The airline will recruit 16 candidates for its 56-week Cebu Pacific Cadet Pilot Program, which includes a 52-week aviation course in Australia. 
Cadets will be sent to the Flight Training Adelaide campus in Australia where they will earn diplomas in aviation and then complete a 4-week training in Manila to obtain a pilot's license under the Civil Aviation Authority of the Philippines, Cebu pacific said.
Successful candidates will get guaranteed employment with Cebu Pacific upon graduation while payment will be deducted from their salary at zero-interest for a maximum of 10 years, the airline said.
"After completion of the program, the cadet-pilots become First Officers at Cebu Pacific, and join the corps of aviators at Cebu Pacific, flying domestic and international routes," the statement said. 
Filipino college graduates who are proficient in English and with passports valid for two years prior to the start of the program are eligible to apply.
In October last year, Cebu Pacific said it was planning to hire 300 more pilots as it expected a delivery of 48 more aircraft between 2017 and 2022.