How much do '1,500 total hours with 500 multi crew hours' cost in Europe? This company offer a 'fast-track' modular course which, in their words:


  Our speciality is the training of pilots with no flying experience to become Fastrack airline ready pilots by means of continuous Modular training. If this course is commenced on a full time basis it is possible to complete in under 12 months however the majority of students will take between 12 – 18 months to graduate. This will provide the cadet with a ‘frozen’ European Aviation and Safety Agency (EASA) Airline Transport Pilot Licence (fATPL). The Licence will remain ‘frozen’ until 1,500hrs of Total time and 500hrs of Multi Crew time have been achieved.


They also add:


  100% of Aeros Fastrack graduates have been placed with major airlines across Europe over the past two years.


All for the relatively low cost of around 62,000 Euros.

My question is about the last part of that, regarding hours. How much time (months/years) and how much money would it cost to achieve the 1,500 total hours with 500 multi crew hours after completion of the fast-track?

Several aviation forums suggest this is a much better deal than the airline provided schemes, where they normally charge around double this in order to actual turn a profit on training.
You get to the 1500 hours by working in a flying job once you have your comm/group 1 IFR, which is where the 62k gets you.  Even if you wanted to spend a decade renting airplanes to get the time in, for the 500 multi-crew part you have no choice but to find a flying job since there is no other way to get those hours unless you are rich enough to afford your own multi-crew airplane.

The course gets you to a minimum employable level of flying hours (maybe 250-300 or so - hard to see 60k getting your any farther than that) and with the EASA ATPLs written, which allows you to copilot multi-crew aircraft as a greenhorn 300 hr copilot (normally you get a "multi-crew" license, which is a trimmed down version of the ATPL for low time pilots to serve on 2 pilot a/c) without having to write the exams again when you get the time in (that's the "frozen" part).  Most jurisdictions will "freeze" your exam validity for 3 years. 

The "fast track" bit just means they cram the whole thing into one year.  That would be a pretty intense course, jamming 2-300 hours into 12 months with the ATPL ground school thrown in as well.