I have been a long time follower of this forum and finally decided to jump in with my first post. I worked ground operations for a couple years at a major airline and then went to be an Analyst at a private firm. Since I was young my dream has been to fly but I never had the funding to be able to pursue flight school.
I applied and was accepted to both the AA Cadet Program and JetBlue gateway select because of the good financing options with deferral periods until you are a CFI.
I am trying to decide which route makes the most sense from an economic standpoint. I appreciate and welcome all opinions between the two programs. The Jetblue program is 110,000 dollars (includes housing and 100 dollar per week meal stipend) with a 6-month deferral period on the loan after you become a CFI.
The AA program gives many options of different flight schools (American Flyers, CAE in Mesa, and CTI in Memphis) with a loan up to 100,000 dollars and a 42 month deferment period on the loan. Each school has a different price and I will be relocating to any location regardless (Ranging from 72k-90k).
My question to ya’ll currently in the field is which makes the most sense financially? I know the JetBlue route has me worried about how someone going straight from instructing to JBlue will be received. However, I know JetBlue is currently a healthy company but anything in this industry can change very quickly. I like how in the AA route I can start receiving benefits with an AA regional (If I choose to sign a contract with those carriers) while instructing and still have the flexibility to not just pursue AA if another regional makes more sense. I am currently 25 and already have my class 1 medical I was just curious to get outside input on these program options. Thank you in advance!