Annexure I

Unique Employment Opportunity

For

NCC “B/C” Certificate holders (Male /Female-Air/Army/Naval)

who aspire to become Airline Captains
By

SPIRIT AIR LLP

 AIRLINE INDUSTRY- AT A GLANCE
PROBLEMS BEFORE AIRLINES-ACROSS THE WORLD

“SHORTAGE OF CAPTAINS”

 Globally airlines are expanding networks to increase market share.

 North America, Asia Pacific, and the Middle East are likely to see the largest shortages of Captains
while Europe, Africa, and Latin America remain closer to equilibrium. In North America, with an
aging pilot population and heavy use of early retirements, the shortage re-emerges quickly and is
projected to reach 25 percent of the total demand by the year 2025.

 In a competitive market, all airlines are and will be struggling to get Captains, who are properly
trained, hold Indian/EASA ATPL, PIC Type Rating and with Airline Pilot in Command (PIC)
experience, enough to fly as a Captain on their fleet , in a short span of time and at minimum
training cost.

PROBLEMS FACED BY MERITORIOUS STUDENTS (10+2 & Graduates)

TO BECOME AN AIRLINE CAPTAINS

 High cost of commercial pilot training (CPL)

 Post commercial pilot training – additional cost of aircraft endorsement before applying for any
co-pilot job in any airline.

 Uncertainty in employment as a Co-Pilot as there is a long queue of unemployed Commercial

Pilot Licence holders.
 Slow career progression for CO-PILOTS/FIRST OFFICERS.
 PROPOSAL AT A GLANCE
For

NCC- “B/C”-CERTIFICATE HOLDERS* -WHO ASPIRE TO BECOME AIRLINE CAPTAINS

(*10+2 or Equivalent with Physics & Math)

By

Spirit Air LLP

TRAINING - JOB - CAREER - All @ One Place

Unique Training Programme- Airline Captain Course (Ab Initio) for grant of CPL by DGCA

 Designed for those who aspire to get Indian Commercial Pilot Licence and become a Captain in
any airline, by a team of Spirit Air, comprising of retired Air India pilots, having more than three
decades of experience in training airline pilots.
 Ground Training at Bangalore; Flying Training at Spirit Air’s upcoming FTO at Hosur and in
airspace under control of HAL, Bangalore.
 Financial Support from Spirit Air’s partner bank -Educational Loan without security/collateral
will be available to cover training fee to the selected candidates (as per RBI guidelines), with
moratorium in payments during training period.
 Unique support from Spirit Air during employment as a Captain, towards Educational Loan
repayment.

Availability of a Job after completing CPL.

Candidates can come out of the long queue for CO-PILOT/FIRST OFFICER jobs and join Spirit Air as
Trainee Captains.

Unique Career Opportunity

Candidates can:

 Start their career with 200 hours of flying experience as a Trainee Captain on King Air 250/
Islander BN2T-4S in a Scheduled Commuter Airline.
 On completion of 4 years as a Captain with Spirit Air, get Loyalty Bonus of PIC Type
Rating (Left Seat)- ATR 72/ Airbus- 220 / 320; B- 737; EMB -190/195

 Join Spirit Air’s partner airline across the world as a DIRECT ENTRY CAPTAIN with
 Valid INDIAN & EASA ATPL.
 PIC Type Rating (Left Seat) on A- 220 / 320; B- 737; EMB 190/195.
 Minimum 2500 Flight hours on ME Turbo Prop in Scheduled Commuter Airline.
 Minimum 1500 hours PIC experience on ME Turbo Prop in Scheduled Commuter Airline.
BRIEF INTRODUCTION: SPIRIT AIR LLP
COMPANY
[1] Background
Spirit Air LLP is based at Bangalore with its promoters and management team comprising of retired Air
India officials with more than three decades of experience in operations, training, commercial, human
resources and aircraft maintenance.

Spirit Air received its Non-Scheduled Operating Permit from DGCA in 2009 vide 19/2009 and operated
non- scheduled flights with Cessna Sky Hawk and Cessna Grand Caravan 208 B. till the expiry of its AOP
in 2015

Details about the company are available on:

Refer Website: https://spiritairindia.com/index.php/general/about_us

Copy of previous AOP from DGCA is available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-4767144.pdf

[2] Current Plan

[2.1]

Spirit Air will be starting Scheduled Commuter Airline for connecting districts of India with major towns
and cities, with an objective to create opportunities for smaller places by connecting them to the main
stream through its commuter flights for passengers and cargo (perishable) with its proposed aircraft
bases across India in a phased manner.

Details of the proposed aircraft bases are available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-7609226.pdf

[2.2]

Spirit Air will be operating flights under Regional Connectivity Scheme-UDAN, of Govt. of India.

[2.3]

Spirit Air will be operating charter flights/ non-scheduled flights, on demand, across India.

[2.4]

Spirit Air has received NOC from the Ministry of Civil Aviation, Govt. of India to operate Scheduled
Commuter Air Transport Services.

Copy of NOC is available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-8378332.pdf

[3] Type of aircrafts for proposed scheduled commuter operations
Spirit Air will be inducting King Air 250 and Islander BN2T 4S for its Scheduled Commuter Operations, as
both these aircrafts are capable of:

(1) Short take-off and landing

(2) Operating from grass/unpaved surface during day/night

(3) RNAV/RNP/ILS Approach

With the result, flights can be operated from existing airfields, located in the districts of India, without
any investment in ground navigational aid or in constructing runways.

[3.1]

Details of the Aircraft:

King Air 250: 2 Crew-9 Pax-MTOW-5670 Kg---- https://beechcraft.txtav.com

Islander BN2T 4S:2 Crew-8 Pax-MTOW- 3855 Kg https://britten-norman.com

[4] Source of Aircraft for proposed scheduled commuter operations

Aircraft will be inducted on operating lease from Ireland based aircraft leasing company. MOU signed
with leasing company is available:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-6147079.pdf

[5] Maintenance of Aircraft: Aircraft will be maintained by DGCA approved MRO and CAMO.

MOU for maintenance of aircraft with DGCA approved MRO and CAMO is signed and is

available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-2310980.pdf

[6] Flight Crew: CAPTAIN

[6.1]

License, Rating, Experience required to fly as a Captain on Spirit Air’s Aircraft

Maximum take-off weight (MTOW) of selected aircraft for its proposed scheduled commuter

operations is less than 5700 Kg.

As per The Aircraft Rules, 1937--SCHEDULE-II- AIRCRAFT PERSONNEL- Section J

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-4840298.pdf

Privileges: Commercial Pilot Licence holders can act as Pilot-in Command – CAPTAIN - on any aeroplane
endorsed on their licence having its MTOW not exceeding 5700 Kg.

Educational Qualification: for grant of Commercial Pilot Licence (CPL-Aeroplane), an applicant should
have passed Class 12(10 +2) or an equivalent examination with Physics and Mathematics, from a
recognized board/university.

Knowledge: He shall pass a written examination in Air Regulations, Air Navigation, Meteorology and
Aircraft & Engines and Signals (practical) examination for interpretation of aural and visual signals, as
per the syllabus prescribed by the DGCA.

Flying Experience: for grant of Commercial Pilot Licence (CPL-Aeroplane), an applicant, shall produce
evidence of having satisfactorily completed as a pilot of an aeroplane on the date of application for
licence not less than two hundred hours of flight time.

Flying Training: for grant of Commercial Pilot Licence (CPL-Aeroplane), an applicant, shall have
completed the flying training in accordance with the syllabus prescribed by the DGCA.

[6.2] Recruitment:

Spirit Air is recruiting students, who have passed 10+2 or equivalent with Physics & Math, from
recognised Board/University, have got selected, post registration and screening test and are willing to:

 Undergo Airline Captain Course (Ab Initio) including

 ground training with Spirit Air and pass written exam as required by DGCA for grant of
CPL at his/her own cost
 undergo flying training with Spirit Air’s upcoming FTO, as per required syllabus of DGCA
to gain flying experience of 200 hrs, as required for grant of CPL at his/ her own cost
 Join Spirit Air as a Trainee Captain, post grant of CPL by DGCA and undergo Aircraft
Endorsement Training on King Air 250/ Islander BN2T 4S, as per requirement of DGCA .
 Willing to join as a Captain with Spirit Air, post required endorsement and rating on his/her CPL,
by the DGCA

Spirit Air will provide- TRAINING JOB CAREER - All @ One Place

[7] TRAINING:

 Selected candidates will undergo Airline Captain Course (Ab Initio) for grant of CPL by DGCA

Details of course, training fee, financial support from bank and Spirit Air is available on:
Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-1722931.pdf

And is attached herewith as Annexure-III for your kind reference

Training Agreement is available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-1250315.pdf

Selection for Airline Captain Course AB Initio is through registration and screening test, on first come
first serve basis.

REGISTRATION OPEN
Details of registration and screening test are attached herewith as Annexure II, for your kind
reference.

[8] JOB

On completion of training under Airline Captain Course and on receipt of CPL from DGCA, Candidates
will need job immediately to start earning, either to get their investment back or for repaying
educational loan. At that point of time, they can either join the long queue for a Co-Pilot/ First Officer
job, which will require further investment or join Spirit Air immediately* as a CAPTAIN on King Air 250/
Islander BN2T-4S, start earning and repaying bank loan

*Subject to availability of vacancy;

In case, NCC- B/ C- Certificate holders want to be assured of a Captain’s job with Spirit Air, on receipt of
their CPL, they can sign employment agreement with Spirit Air at the time of signing training agreement,
itself with attractive stipend, salary/allowances/bonus as given below:

[8.1] STIPEND - Trainee Captain;

From the date of joining Spirit Air with valid CPL+IR till released as Captain
Monthly Stipend Rs. 35,000
[8.2] SALARY/ALLOWANCES/BONUS – Captain/ Month
From the date of release as CAPTAIN
1st Yr. 2nd Yr. 3rd Yr. 4th Yr.
Basic Salary 60,000 65,000 70,000 75,000
EMI cum Flying Allowance 50,000 50,000 50,000 50,000
[For 80 Hour@ Rs.625]
Flying Allowance
[ 81-95 hour@ Rs.1500/hr]

Flying Allowance
[ 96- Onwards@Rs.2500/hr]

House Rent Allowance 15000 18000 20000 22000

Phone, Uniform & Kit 5000 6000 7000 8000
Maintenance Allowance
EMI Allowance 50,000 50,000 50,000 50,000
[For 80 Hour@ Rs.625]
Gross Salary/Month 1.8 Lakh 1.89 1.97 2.05 Lakh
Lakh Lakh

Medical Insurance Coverage/Yr. 5 Lakh 5 Lakh 5 Lakh 5,00,000

Loss of Licence Insurance/Yr. 75 Lakh 75 Lakh 75 Lakh 75,00,000
*Free PIC Type Rating - [Left Seat]

Loyalty Bonus Airbus -220/ 320

Boeing- -737

EMB--190/195

ATR-72

* On completion of 4 years from the date of release as a Captain with good understanding within the company.

Employment Agreement is available on:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-8903323.pdf

[9] CAREER
UNIQUE CAREER OPPORTUNITY WITH SPIRIT AIR

 Start your career with 200 hrs of flying experience, as a CAPTAIN on King Air 250/ Islander
BN2T4S**
 Get ATPL on completion of 1500 hrs of flying on multi engine turboprop aircraft with PIC
experience
 On completing 4 years as a Captain, you will get Loyalty Bonus as PIC Type Rating (Left Seat) on
A 220/ 320 / B 737/ EMB 195/ATR 72 worth Rs. 35 lakhs
 join as DIRECT ENTRY CAPTAINS in Spirit Air’s partner airlines

On Airbus - 220 / 320; Boeing- 737; EMB 190/195; ATR 72 with

 Valid INDIAN & EASA ATPL.

 PIC Type Rating (Left Seat) on A- 220 / 320; B- 737; EMB 190/195 / ATR 72.
 Minimum 2500 Flight hours on ME Turbo Prop in Scheduled Commuter Airline.
 Minimum 1500 hours PIC experience on ME Turbo Prop in Scheduled Commuter Airline.
 ELP Level 4.
 Airline Management Experience.
 ANNEXURE II

Selection for Airline Captain Course AB Initio is through registration and screening test,

On first come first serve basis

REGISTRATION OPEN
 Eligibility Criteria for Registration
For
Appearing in screening test for admission to Airline Captain Course Ab Initio

Nationality & Gender Indian/ PIO/OCI- Male/ Female

Age & Minimum Height 17-23 yrs. /157 CM

Educational Qualifications *10+2 with Physics and Mathematics

Preferred:
[A] 10+2 with Physics, Mathematics with NCC “B/C” Certificate
(Air/Army/Naval)
OR
[B] 10+2 with Physics and Mathematics and have appeared in SSB
after qualifying in written exam conducted by UPSC -NDA/CDS
OR
[C] Graduates in Science/Engineering/Architecture

Fluency English (both written and spoken)

Medical Standard Class I (As on date of joining)

Passport Must hold Valid Passport (As on date of joining)

Financial Ability** To undergo required training to get Indian Commercial Pilot

Licence with Instrument Rating at own cost.

*PUC or equivalent from recognised board/university

**Financial Support from Bank will be available to cover training cost to selected candidates

NB: Candidates belonging to Category A & B are exempted from written test.
 SELECTION PROCESS
Step I - Registration
Candidates who are interested in joining Airline Captain Course (Ab Initio) for grant of CPL, should,
register for screening test after paying registration fee-Rs.10,000+1800(GST@18%) = Rs.11800 through
NEFT or Google Pay to Spirit Air LLP-Account No: 919020093513112-IFSC Code: UTIB0002927

NB: (1) Registration Fee is charged to weed out Non-Serious Candidates.

(2) For candidates belonging to category A & B, Registration Fee will be Rs.1000 + 180 (GST@18%)

=Rs.1180

(3) Selected candidates will get back the registration fee (excluding GST) on joining

Before filling up Registration Form, candidates should:

 Check that they fulfil the eligibility criteria.

 Check that they will have the financial capability or willing to avail educational loan, to pay
training fee as and when required.
 Check that they have reviewed, understood contents of agreement copy for undergoing training
available on Approval Page.
 Check that copy of educational qualifications, passport and licences as applicable are ready for
uploading.
 Check that they have paid registration fee as applicable through NEFT /Google Pay to Spirit Air
LLP-Account No: 919020093513112-IFSC Code: UTIB0002927 and noted NEFT Transfer
Reference.

Step - 2 Screening Test

Planned Place for the Screening Test- BENGALURU. The Screening Test consists of:

(A) Written test - English - 100 Multiple Choice Questions - 100 Marks - Duration 60 minutes; Test of
Reasoning - 200 Multiple Choice Questions - 200 Marks - Duration 120 minutes.

(B) Personality Test / Interview —100 Marks. The skill sets to be assessed during the interview would
broadly be listed as below

(1) Personality traits

(2) Communication skills ... this would primarily be to assess your comprehension and responses

(3) Critical thinking ... To be able to make quick and logical conclusion to a given situation

(4) Clarity of purpose ... Why are you choosing airline Captain as a career to join Spirit Air over others, in
your career plan? Power Point Presentation - duration max 05 minutes

(5) Adaptability to changes.

NB: (1) Candidates belonging category A & B are exempted from written test
 (2) For NCC B/C Certificate Holders: planned place for Personality Test/ Interview – NCC

Unit as decided by the NCC Directorate- Karnataka and Goa

Step-3- Medical Examination

Selected candidates will be required to undergo medical examination at his/her own cost.

1. Initial Examination – Class II at Bangalore with company Doctor:

Air Vice Marshal (Retired) Dr. Pankaj Tyagi
2. Class I Medical (Initial) at IAF Boarding Centres.

Selected candidates who obtains Class II & Class I Medical Certificate will be required to sign

1. Training Agreement for undergoing Airline Captain Course (Ab- Initio)

Available on website:

https://spiritairindia.com/img/approvals/pdf/pdf-1250315.pdf

2. Employment Agreement - Trainee Captain/ Captain

Available on website:

https://spiritairindia.com/img/approvals/pdf/pdf-8903323.pdf
 ANNEXURE III

TRAINING
Airline Captain Course (AB Initio): First of its kind in the world
Airline Captain Course has been designed for those students, who aspire to get Indian Commercial Pilot
Licence and become Captains in airlines, by Spirit Air team comprising of Retired Air India Pilots having
more than three decades of experience in training airline pilots.

Trainee Pilots will be trained and mentored by Retired Air India Instructors/ Examiners on B -747/ B-777/
A-320, while undergoing Airline Captain Course

For Grant of Indian Commercial Pilot License (CPL) with Instrument Rating and Multi Engine Aircraft
Endorsement, by Indian DGCA, selected candidates will undergo ground/theory classes and simulator
training at Bangalore (w.e.f June2023) and flying training at is upcoming FTO at Hosur (w.e.f October
2023) and in airspace under control of HAL, Bangalore, post grant of due approval by DGCA.

N.B.:

(1) NOC for setting up FTO at Hosur, in place

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-4922140.pdf

(2) Arrangements for aircraft parking, maintenance, hanger at Hosur Airport, in place
Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-6642483.pdf

(3) Type of Aircraft -Single Engine Piston- Cessna 172S/Multi Engine DA 42/any other aircraft
approved by DGCA
(4) Source of Aircraft: Aircraft will be inducted on operating lease from Ireland based aircraft leasing
company. MOU signed with leasing company is available:

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-6147079.pdf

(5) Aircraft Maintenance by DGCA approved MRO &CAMO- TAAL

(6) NOC for flying in HAL (BLR) air space in place
 Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-2299149.pdf
(7) DGCA approval to commence flying training for CPL is expected by Aug 2023.

(8) No rule of DGCA prohibits selected candidates to undergo ground /theory classes with Spirit Air
and pass the written exam conducted by DGCA for grant of CPL, prior to the commencement of
flying training at DGCA approved FTO.

(9) No rule of DGCA prohibits Spirit Air to conduct ground /theory classes at Bangalore for its
candidates as required for CPL, prior to the commencement of flying training at DGCA approved
FTO.

(10) Airline Captain Course is planned in such a way that selected candidates will have passed all the
theory exams of DGCA as required for CPL, prior to commencement of flying training.

(11) Ground Classes will be conducted by Retired Indian Air Force Officers -QFI/Navigation

Airline Captain Course (Ab-Initio) Training Curriculum in Brief

Phase I - 1-5 months
Aircraft and Airline Orientation + Simulator Training
 Airline Orientation
 Ground classes- Physical and On-line- Theory subjects as per DGCA Syllabus for issue of PPL
Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-2992097.pdf

 Ground classes- Physical and On-line- Theory subjects as per DGCA syllabus for issue of CPL

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-7169298.pdf

Simulator Training-Flying Training Exercises (by Retired Air India Instructors/Examiners) as per DGCA
syllabus for issue of PPL and CPL

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-6613785.pdf

Including followings:

 Aircraft Orientation.
 Review and Revision of Pilot Operating Handbook (POH).
 Normal and Emergency Procedures.
 Local Flying Day and Night Flying - VFR/IFR.
 Airline Route Flying - IFR Approaches - VOR/ILS/RNP.
 Flying in Hilly Terrain.
 Flying in Adverse Weather Conditions.
 Airline Oriented Procedures and Call Outs.
 Flight Operations using airline standard Jeppesen Charts-Terminal, Enroute-Low Altitude/ High
Altitude/VFR.
  Handling of Passengers in abnormal situations.
 Refuelling, Transit Checks and Certifications.
 How to manage command over designated Co-Pilot in normal and abnormal situation.
 How to interact, behave, liaison with ground personnel, security and regulatory authorities as a
Captain during flight operations.

Location: Bangalore
Phase II - 6-8 months
Flying Training for Issue of PPL
 Issue of SPL.
 Flying Training for 40 hours on DA40 NG/Cessna 172S and Skill Test for issue of PPL.
 Submission of documents to Local DGCA for issue of PPL.
 Issue of PPL.

Location: Hosur-TAAL Airfield (Spirit Air’s upcoming FTO in October 2023) and other bases ( as required,
depending upon the weather. Ref- DGCA -CAR-Section-7-Series D, Part I, Issue II- Para -12.6.2)

Phase III - 9-12 months.

Flying Training for Issue of CPL
 Flying training for 160 hours to cover syllabus for issue of CPL including X- Country flights with
Passengers* for gaining confidence to fly with passengers post grant of CPL.
 Skill Test for issue of CPL and IR with ME Endorsement.

Location: Hosur-TAAL Airfield (Spirit Air’s upcoming FTO in October 2023) and other bases
(as required, depending upon the weather. Ref- DGCA -CAR-Section-7-Series D, Part I, Issue II- Para -12.6.2)
*Ref-Aircraft Rules 1937 -6. Privileges—…Rules 39-B, 39-C and 42, the privileges of the holder of a Private Pilot’s Licence shall
be to act, but not for remuneration, as Pilot-on-command or as Co-pilot of any aeroplane which is entered in the Aircraft Rating
of his licence and carry passengers therein: Provided that — (i) no flight is undertaken for hire or remuneration of any kind,
whatsoever;

Phase IV- 13-14 months.

Command Training in Simulator by Retired Air India Instructors/Examiners
 How to fly as a Captain in an Airline
 Aircraft Orientation - Islander BN 2T- 4S OR King Air 250
 Review and Revision of Pilot Operating Handbook (POH)
 MCC
 Normal and Emergency Procedures
 Route Flying Day and Night Flying- VFR/IFR
 Airline Route Flying-IFR Approaches- VOR/ILS/RNP
 Flying in Hilly Terrain
 Flying in Adverse Weather Conditions
  Airline Oriented Procedures and Call Outs
 Flight Operations using airline standard Jeppesen Charts-Terminal, Enroute-Low Altitude/ High
Altitude/VFR
 Loading/ Offloading of passengers and cargo
 Handling of Passengers in abnormal situations
 Handling of unruly passengers on board
 Refuelling, Transit Checks and Certifications
 How to manage command over Designated Co-Pilot in normal and abnormal situation
 How to interact, behave, liaison with ground personnel, security and regulatory authorities as a
Captain during flight operations

Location: Bangalore

Phase V- 15-16 months

 Multi Engine Aircraft Endorsement Training on Islander BN 2T -4S / King Air 250 - as per DGCA
requirement-
Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-9552865.pdf
 Submission of Documents and Licences for Endorsement of Islander-BN2T-4S/ King Air 250 - as
Pilot in Command

Location: UK/USA Establishment- Flight Safety International/ Britten-Norman-Aircraft

Manufacturer—

Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-3404604.pdf

Phase VI -17-18 months

Airline Flying Training in Scheduled Commuter Airline
 Line Oriented Flying Training (LOFT) for 80-100 sectors and Route Checks.
 Route Checks.
 Release to Fly as a Captain.
N.B. During Training candidate will be trained for managing various units of Flight Operations like Flight
Dispatch, Crew Management, Flight Safety, Crew Training.

Training Cost
Airline Captain Course (Ab-Initio) - Flying Training Fee

Flying Training for 200 hours (Phase I-III) Rs. 45 Lakhs

Flying Training Fee (Phase-IV-V) Rs. 12 Lakhs.*
*Initially it will be paid by Spirit Air & later on will be recovered from salary in due course.

Fee Payment Schedule: Through RTGS ONLY

Instalment I Rs.5 Lakhs At the time of signing training agreement

Instalment II Rs.20 Lakh 35 days prior to commencement of simulator training Phase II
Instalment III Rs.20 Lakh 35 days prior to commencement of Training Phase III
  As a proof of financial ability to pay training fees as and when required and that of commitment
that candidate will undergo the entire training programme, candidate will be required to
provide Irrevocable Bank Guarantee- Rs.5 Lakh at the time of signing Training Agreement. For
Bank Guarantee Format, please visit –
Refer Website: https://spiritairindia.com/img/approvals/pdf/pdf-4878717.pdf

N.B.: Candidates belonging to Category A & B are exempted from providing bank guarantee.

 When demanded, candidate, will make payment of required training fee through RTGS and the
Bank Guarantee provided by the candidate will be returned on receipt of Instalment III
 In case candidate fails to pay the training fee when demanded, the available Bank guarantee of
Rs. 5 Lakhs will be encashed and training agreement will stand terminated, automatically.

FINANCIAL ASSISTANCE FROM BANKS.

Towards Training Fee-Airline Captain Course

We understand that investment in a career as Airline Captain is high and will be a major decision for
meritorious students and their family. In this background, to reduce the personal investment
requirement or financial pressure on students and their family:

 Educational Loan up to Rs 45 lakh, without any security/collateral will be available to selected

candidates, on passing written exam, as required for issue of CPL by DGCA and have signed
employment agreement with Spirit Air, from Spirit Air’s partner Bank (as per RBI guidelines) for
paying training fee.
 Selected candidates or their parents ,can claim a deduction of Interest paid on a loan taken for
pursuing higher education from taxable income, under Section 80E of the Income Tax Act, 1961.
 NO EMI will be required to pay for, till the time you get released as a Captain.

UNIQUE SUPPORT FROM SPIRIT AIR – Post release as a Captain.

 EMI Allowance – Rs. 50,000 /month, to help you to repay loan amount.