Training bond and upfront cash

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timel
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Training bond and upfront cash

Post by timel »

Hello,

Who are the operators that require pilots to give upfront cash as a training bond?
So far I know about Wasaya and EVAS. I am wondering if there are more or it is only a small part of the industry.
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Last edited by timel on Mon Jun 27, 2016 4:35 pm, edited 1 time in total.
garfield
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Re: Training bound and upfront cash

Post by garfield »

Why they ask upfront cash?

Anyway if you leave and don't pay they're gonna sue you!
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digits_
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Re: Training bound and upfront cash

Post by digits_ »

From what I have heard, Northway asks cash up front as well.
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flyinhigh
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Re: Training bound and upfront cash

Post by flyinhigh »

Bearskin use to
Calm Air I believe is still doing this (Via a loan in your name, its the same thing as cash upfront)
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Chuck Ellsworth
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Re: Training bound and upfront cash

Post by Chuck Ellsworth »

I have been out of aviation for some time and maybe not up to speed in all the new developments.

I know what up front cash is.

What is a training bound?
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Kosiw
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Re: Training bound and upfront cash

Post by Kosiw »

It's a training "bond" for those who have difficulty with grammar. :wink:
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SuperchargedRS
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Re: Training bond and upfront cash

Post by SuperchargedRS »

If this forum had any balls, they'd have a "wall of shame" with all the scammers who want "up front cash" "training bonds" "ramp time" etc before a commercially licensed pilot could get a FLYING job.
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PropToFeather
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Re: Training bond and upfront cash

Post by PropToFeather »

SuperchargedRS wrote:If this forum had any balls, they'd have a "wall of shame" with all the scammers who want "up front cash" "training bonds" "ramp time" etc before a commercially licensed pilot could get a FLYING job.
... and then the companies would be free to post names of pilots who agreed to stay for X amount of time, but skipped town after way less. It works both ways.
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Bolter
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Re: Training bond and upfront cash

Post by Bolter »

I've been in 3 systems;
1. Bond
2.Bonus
3. nothing

Personally, I think a carrot is a lot better than a stick! Offering a bonus at regular intervals, for longevity, installs a lot more loyalty toward the company than having bonds (all in how you structure pay, etc). Rewarding someone for staying and progressing in the company is not only cost effective but decreases costs - since proper training is expensive. But I digress.

In that vein, Voyageur Airways actually requires pilots changing aircraft (even at company request) to cough up for another training bond!
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xsbank
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Re: Training bond and upfront cash

Post by xsbank »

I have never approved of buying a job but I have no issue with a fixed term cimmitment.

The number of pilots who have demonstrated that they lack any integrity by bailing on an agreement they freely agreed to, no matter how bad it was or how little research they did before signing, is disgusting and the total reason for bonds of all types.

Integrity. Look it up. If you want a career in this industry you need lots of it. If your mummy and daddy never taught you what that is and how it affects your entire life you better get some help.
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Chaxterium
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Re: Training bond and upfront cash

Post by Chaxterium »

Bolter wrote:In that vein, Voyageur Airways actually requires pilots changing aircraft (even at company request) to cough up for another training bond!
Negative. If the company requests a change of type there is no bond.
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Bolter
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Re: Training bond and upfront cash

Post by Bolter »

Chaxterium wrote:
Bolter wrote:In that vein, Voyageur Airways actually requires pilots changing aircraft (even at company request) to cough up for another training bond!
Negative. If the company requests a change of type there is no bond.
Not the experience of a bunch of CRJ people; although, I guess that technically the company didn't require them to change aircraft -just asked if they wanted to. Bonds did not apply for people moving DH-7 to 8 when the company lost a bunch of DH-7 contracts.
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Chaxterium
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Re: Training bond and upfront cash

Post by Chaxterium »

Bolter wrote:
Not the experience of a bunch of CRJ people; although, I guess that technically the company didn't require them to change aircraft -just asked if they wanted to. Bonds did not apply for people moving DH-7 to 8 when the company lost a bunch of DH-7 contracts.
As luck would have it I'm one of those CRJ/DH7 guys you're referring to. I was on the DH7 for years and then in late 2014 when they began phasing them out I was given the option of going on the DH8 with no bond, or the CRJ with a bond. I figured I had at least one more year left in me so I chose the CRJ. Glad I did. It lead to the job I have now which I love. I certainly wouldn't have gotten it without the jet time I got with Voyageur.

Just to be clear, Voyageur does not require any cash upfront from pilots. I was there for 7.5 years and was treated very well. Would recommend the company with no hesitation.

Cheers,
Chax
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NotDirty!
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Re: Training bond and upfront cash

Post by NotDirty! »

Chaxterium wrote:
Just to be clear, Voyageur does not require any cash upfront from pilots. I was there for 7.5 years and was treated very well. Would recommend the company with no hesitation.
If this is true, that is great news. While my information is about a decade out of date, they certainly used to require money up front.

I am fairly certain that Trans Capital Air still wants cash up front.
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Dizzy D
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Re: Training bond and upfront cash

Post by Dizzy D »

Northway does ask for cash up front, I believe it is still a $5000 1 year bond.

Calm Air does a contract for $12,000/2year bond, no cash up front. In the first year 25% is worked off, second year, the remaining 75% is worked off.
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