Wednesday, January 17, 2007

SpiceJet move gives wings to aspiring pilots

Bangalore: Not wanting to let pilot shortage ground its sky-high aspirations, budget airline SpiceJet Ltd has come up with a novel way of facilitating cadets for pilot training in acquiring loans from banks at lower interest rates and an easy repayment scheme.
And, it is doing this by providing ‘surety of job’ to students wanting to enrol for training but cannot afford it. In effect, it is acting as guarantor for the students who borrow from banks for their course. Read On>>
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