I recently hit 1800hrs and I’m in the process of applying to various airlines. I’m trying to figure out what the biggest bang for my buck would be and what would be best at this point. Should I get my MEI or pay for the ATP-CTP course? I figure the ATPCTP would make me attractive to more employers but an MEI could help me obtain more multi engine time and such. Thoughts?
How much multi time do you have?
Presumably you have your Commercial ASMEL and CFII?
Are you currently instructing? If so, does the place you're instructing have a twin? What are the minimum insurance requirements to give instruction in it, and do you meet them?
If you have <=10 hours multi (ie, you only got your rating and nothing else), and you're already instructing at a place that has a twin that you'll be able to teach in, get the MEI. You need 50 hours of multi time to get the ATP, and it is very expensive to come by on your own - In fact, I am likely going to go do a jet type rating because it's actually cheaper than renting a twin and taking the ATP checkride on my own. Crazy.
Otherwise, if you have <=25 hours of multi but don't have the ability to build twin time solo where you are, you might as well get the MEI on your way to the 25 hours. The ATP requires you to have 50 hours of multi time, but up to 25 of that can be in a sim. The rest must be in an airplane, but twins aren't easy to find nor cheap, so make that time count! It will likely be closely scrutinized during the hiring process.
That said - The ATP-CTP is a requirement if you want a job that requires an ATP, and very few places are paying for it any more. If it's got to be one or the other and not both, absolutely the ATP-CTP is the one to get.