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Skybound: Our Intent & Plans

Contents

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  • Mission & Why Now

  • Our Four Pillars

  • Plans & Next Steps

  • Commitment

  • FAQs

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Last updated: September 2025

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Mission & Why Now

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Skybound exists to remove the single biggest barrier to becoming a commercial pilot: the £90,000+ cost of training. We believe aviation should be open to talent, not just to those with access to wealth or bank loans.

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The Problem
 

  • Training costs in the UK & Ireland exceed £90,000.

  • Airline schemes are oversubscribed (1,000+ applicants per spot).

  • Bank loans are inaccessible and carry personal risk.

  • This leaves many talented candidates unable to progress, while the industry struggles to meet growing pilot demand.

 

Our Solution

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Skybound provides fully funded Zero-to-ATPL training, including accommodation, with no upfront cost. Funding is delivered through a Future Earnings Agreement (FEA) in partnership with StepEx (FCA-regulated).

  • Zero upfront fees — all training costs covered.

  • Repay 15% of income once employed as a First Officer.

  • Cap: £150,000 or 10 years — whichever comes first.

  • If you earn under £30,000, you pay nothing.

This is not debt or a loan — repayments scale with your income, protecting you while giving you the freedom to focus on your career.

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Our Four Pillars

Finance — The core pillar: fully funded ATPL training through regulated FEAs, giving access to aviation careers without financial barriers.

Digital Support — Developing next-generation training tools such as the AI ATC Simulator, financial planners, and study assistants integrated into our Prep Hub.

Career Prep — From 2026, we’ll add interview preparation and aptitude training aligned to airline recruitment standards.

Content & Community — Building trust and awareness through YouTube series, podcasts, trial flight campaigns, and a private cadet community.

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Plans & Next Steps

2025

  • Phase 1 applications open; closing date: 31 October 2025.

  • Launch awareness campaigns via online media and press.

  • Develop digital tools including the AI ATC Simulator and AI Study Assistant.

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2026

  • First fully funded Zero-to-ATPL intake begins September 2026 (Palma de Mallorca start).

  • Secure DTO approval in the UK to deliver ATPL theory directly.

  • Expand Prep Hub with progress trackers and training planners.

  • Introduce interview prep and aptitude coaching.

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2027

  • Expand Skybound Academy into advanced modular training (CPL + MEIR).

  • Grow annual intake to 200+ cadets across Europe.

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2028

  • Deliver APS MCC and Boeing 737 type rating.

  • Scale to 500+ cadets annually.

  • Establish Skybound as the UK’s leading fully funded ATPL pathway.

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Commitment

Skybound reinvests every repayment into funding future cadets and building digital training tools. This creates a sustainable cycle that scales access to pilot careers while strengthening the aviation pipeline.

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FAQs
 

Who can apply?
UK and EU passport holders, age 18+, able to obtain a Class 1 medical.

 

When do applications close?
Phase 1 applications close on 31 October 2025.

 

When does training start?
First intake begins September 2026 in Palma de Mallorca.

 

What’s included?
Training fees from Zero-to-ATPL, accommodation at each training base, study materials, and digital platform access.

 

What’s not included?
Meals, personal living expenses, travel to/from training bases, uniforms, headset, and licence issue fees.


When do repayments start?
Only once you are employed as a First Officer earning over £30,000.

 

Is there a maximum I’ll repay?
Yes — repayments are capped at £150,000 or 10 years, whichever comes first.

 

What if I don’t finish training?
You won’t repay anything until you are employed above the income threshold. If setbacks occur, we’ll work with you to get back on track.

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Skybound Funding is the trading name of Skybound Funding Ltd (Company No. 16648547), registered in the UK at Bartle House, 9 Oxford Court, Manchester, England, M2 3WQ

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All funding agreements are provided by StepEx Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 922751). Skybound Funding facilitates introductions to StepEx and, where a cadet is approved, arranges payment of training fees to the selected Approved Training Organisation from Skybound’s own funding sources.

 

Skybound does not provide regulated credit agreements; any Future Earnings Agreement (FEA) is entered into solely between the applicant and StepEx Ltd, subject to StepEx’s terms and approval process.

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