Dutch
science journalist Nienke Groenendijk was alarmed by the increasing
number of unemployed young pilots in the Netherlands - approximately
1,300-1,400 - and decided to investigate how this could have happened.
It soon appeared that a government owned bank has been lending huge
amounts of money to almost every youngster with a dream of becoming a
pilot. The bank and some flight schools lure the students with an
expensive ‘safe warranty fund’, which is nothing else than security for
the bank. These young pilots have debts from 150,000 to 270,000 euros
and will never be able to pay this money back. The bank even gives loans
for pay-to-fly constructions for low-cost airlines like Ryanair or Lion
Air, therefore facilitating these unethical practices. Some of the
unemployed pilots suffer serious mental problems. They are all desperate
and the Dutch government does nothing to help them. Her book, named De vervlogen droom,
explores the shadowy world of flight schools, banks and unsafe
pay-to-fly practices and is fully supported by VNV-DALPA, the Dutch
Airline Pilots Association.
De vervlogen droom
©2013 Nienke Groenendijk-Feenstra
©2013 Nienke Groenendijk-Feenstra
John said,
This is very sad news that not only are cabin crew being exploited but pilots being left in so much dept with no way of paying this dept off and the ABN AMRO bank knowing there is no pilot jobs but continue to loan time and time again....
Dutch government /' ABN AMRO should be ashamed of the loan scam they are involved in,the very same scam as David Bonderman and Michael O'Leary started doing years ago on probationary cabin crew.At least we have a few people fighting this practice which seems to becoming more wide spread in aviation..Thank you to journalist Nienke Groenendijk who not only exposes this massive Dutch Government/Bank LOAN scam which is wrecking the young lives of wannabe Dutch pilots but also gave Ryanairdontcare Campaign a voice in this book...
Ryanairdontcare Campaign mentioned in De vervlogen droom....
Doomed To Fail
'' David Bonderman & Michael O'Leary''
Doomed To Fail
'' David Bonderman & Michael O'Leary''
Ryanairdontcare Campaign Logo T-Shirts orders taken ryanairdontcare@yahoo.co.uk
ABN AMRO chief executive officer Gerrit Zalm was the longest serving minister of finance in the Netherlands..Mr Zalm Transparency and accountability in your loan dealings with young Dutch wannabe pilots must happen.
Pilot loan scam CEO Gerrit Zalm of ABN AMRO
ABN AMRO chief executive officer Gerrit Zalm was the longest serving minister of finance in the Netherlands..Mr Zalm Transparency and accountability in your loan dealings with young Dutch wannabe pilots must happen.
Pilot loan scam CEO Gerrit Zalm of ABN AMRO