10k up front 2 years....if you dont have it you are expected to borrow it from the bank...
The bond I can see as they pay it back but no 'outs' if you show up and dont get approved for the 10k unsecured loan...if that is the case too bad.
Take a deep breath and quit looking at the negative side of things. Yeah, bonds suck I agree but if you can't see past the bond or the 2 year commitment well maybe your not cut out for this industry. That's assuming your going to leave within 2 years, if not, the job is great and probably the best paying for the size of the aircraft. B1900, Metro, King Air, etc. Where else can you make 60G's as first year Captain or 30+ all the way to low 40's as an F/O? Oh yeah and benefits too, AC passes as well as other large carriers.
well said xsbank. This shit makes me sick. Who the hell would sign a bond in the largest upturn in 10 years. PEOPLE this is the ONLY time in the cycle we have the upper hand. Fuckin use it.
Well .. you better get use to the idea of a damn bond because here is a list of bonding companies:
Canjet
Porter Airlines
Bearskin Airlines
Calm Air
Air Bravo
Wasaya
Peace Air
With the industry going the way it is more companies are going to require bonds due to high turn-over .. quite opposite of what xsbank and eyeoh believe. We have the upper hand in the sense that if you don't wanna pay a bond, then you can still get a job else-where.
Never.
Paying for a job is bullsh*t, and therefore these companies are also sh*t:
Canjet
Porter Airlines
Bearskin Airlines
Calm Air
Air Bravo
Wasaya
Peace Air
DON'T PAY TO WORK!
If anybody is paying attention, I would draw your attention to previous postings (pages and pages and pages) where this was discussed at length, where I stated that "...agreeing to stay for a certain period of time, if you left early, you would repay your training expenses, prorated..." or something like that. Mucho different and not at all unfair.
And don't use the "doctors work for dick in their final years, why don't pilots?" argument, because EVERY doctor is guaranteed a fat salary, yet NO pilot is guaranteed a fat salary.
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"Fly low and slow and throttle back in the turns."
Out of these companies I only thing Bearskin and maybe Peace Air requires money up front. I know Air Bravo and probaly the rest of them only require you to pay if you leave early.
Hell I had a company ask me if I wanted to pay 25grand to fly their Dash-8. I kindly said
2 years is not the problem...I really wanted the job...I just had no way of getting the money.....whats your answer to that? You want to lend me 10k?
It was never a question of not staying the 2 years...I would have stayed longer just not willing to cash in my savings or re-mortgage to get a job....there has to be another way?...maybe a promissory note...etc other than that it was a great opportunity...like you said great benefits...decent pay etc...very disapointed about it.
Yeah, I agree money up front is hard to swallow. If your with the company and still within your first two years, to jump to another aircraft say B99 to Metro only requires a promissary note, no money. So why not just have it that way right off the bat when signing on.
I know people that started at JV on the pc-12 right seat way back in the late 90's. Their bond at the time was 2G's over a year that's it. Afterwards they moved onto the King Air or Metro and never had to put up more cash just promissary notes while new hire Metro F/O's had to find 10g's not fair at all for those with higher qualifications willing to go onto the tube as opposed to say the B99 or King Air/ pc-12.
Yeah like I said their system sucks, coming up with 10000 or securing a loan is not as easy as one thinks. My personal opinion is that this system will have to change to promissary note type of bond.
Localizer wrote:Well .. you better get use to the idea of a damn bond because here is a list of bonding companies:
Canjet
Porter Airlines
Bearskin Airlines
Calm Air
Air Bravo
Wasaya
Peace Air
I dont know what the deal is with the rest of these operators on your list is, but at Bravo their is not a cash up bond as there is at some of the rest of these... They do have a training contract, but you only pay if you leave before your time...
Oh, and you forgot Voyageur with their 8k for a year not pro rated and no interest paid for the King Air
Jan 01 to Jan 05. I started right seat on the PC12 and eventually went on the tube.The bond question can be ranted on for ever. I felt $2000 for a year was a pretty fair training cost-but that's me.Great company, good equipment, good pay, and time that's well respected by pretty much everywhere else you go.