Air Georgian Bonds

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pitot
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Air Georgian Bonds

Post by pitot »

Hey all, just wondering if Georgian has bonds for 1900? If so how much is it and is it reduced monthly?

Thanks
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Krimson
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Re: Air Georgian Bonds

Post by Krimson »

Yes, I believe it is $20,000 over 2 years and does reduce monthly.
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ggn
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Re: Air Georgian Bonds

Post by ggn »

pitot wrote:Hey all, just wondering if Georgian has bonds for 1900? If so how much is it and is it reduced monthly?
Yes, we do have a bond. It is $12,000 over one year and is prorated.
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co-joe
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Re: Air Georgian Bonds

Post by co-joe »

Krimson wrote:Yes, I believe it is $20,000 over 2 years and does reduce monthly.
Never understood the rational of a 2 year bond for a one year PPC. Sunwest did that, a few others do as well.

Good on GGN for answering openly here. 12k for 12 months on a 1900 is a fair price IMHO. Is that sim or "on wing"?
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godsrcrazy
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Re: Air Georgian Bonds

Post by godsrcrazy »

1 - 2 - 3 here comes DOC
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ggn
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Re: Air Georgian Bonds

Post by ggn »

co-joe wrote: Is that sim or "on wing"?
The bond starts on your date of hire, which is the first day of ground school. All training is completed in the simulator.
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Last edited by ggn on Wed Oct 02, 2013 1:43 pm, edited 1 time in total.
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Beefitarian
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Post by Beefitarian »

So I can be a pilot there if I have the 12Gs or are there more catches? Er.. Requirements.
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pitot
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Re: Air Georgian Bonds

Post by pitot »

That sounds fair to me. Thanks for the info.
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Krimson
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Re: Air Georgian Bonds

Post by Krimson »

co-joe wrote:Never understood the rational of a 2 year bond for a one year PPC. Sunwest did that, a few others do as well.
I think Sunwest's second year of bond only kicks in if you go to sim for recurrent as well, otherwise it is half.
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av8ts
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Re: Air Georgian Bonds

Post by av8ts »

Are you guys trolling?A good deal would be where the company paid you to work there and there was no bond.
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Beefitarian
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Post by Beefitarian »

Trolling, moi? That kind of talk is going to get this thread deleted! Hurtful man, hurtful.
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Go Juice
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Re: Air Georgian Bonds

Post by Go Juice »

12K bond for a job that pays 20K... sound like a fair deal!

Grab your ankles boys!!!
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Krimson
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Re: Air Georgian Bonds

Post by Krimson »

av8ts wrote:Are you guys trolling or just f@#*ing retarded. A good deal would be where the company paid you to work there and there was no bond.
That would be a good deal, but the majority of 703/704 companies require them. No bond = no job. As long as there's no money up front, it makes no difference to a lot of people. Only those who intend on having one company pay for a TR to use somewhere else. Not really fair either way.

Oh great, looks like we started another bond debate.
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cpt.sam
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Re: Air Georgian Bonds

Post by cpt.sam »

Are PPCs at GGN 1 year?
I have a similar PPC, good for 2 years...with training in lieu at 1 year.
At any rate, it is most likely anyone who gets into 1900 position will stay for 2 years.
lots of hours, great experience!
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ScudRunner
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Re: Air Georgian Bonds

Post by ScudRunner »

So is it a cash upfront /loan type bond, the type made famous by Jetsgo? or is it a training contract where the company pays all the expenses if you agree to stick around for a certain period of time?

If its a training contract then no issues, I believe a company has the right to protect their investment. Lets face it pilots have made the bed we are all sleeping in and its a reality of the industry. However if a company doesn't abide by the rules or live up to their word then pilots need recourse as well. I have seen so many poorly written "bonds" and showed a few of my previous ones and those of friends to Mrs . who is a lawyer; her response ranged from laughter and "people actually paid this or signed this crap" to "this is well written, that company obviously consulted a lawyer". She loves the legaleeze that HR writes to make it sound all legal to the layperson/sound smarter, make it clear in plain language.

That being said just because a condition is written into a contract you can refuse to sign or cross things out and make your own provisions as long as the other side agrees. I know its expensive but maybe invest in an hour with a lawyer to explain what your getting into before signing. Who knows you will probably get a junior lawyer who is tired of meeting douche bag downtown type people and want to grab a drink with a young handsome pilot giggty.

All that being said she has shown me far more cases in which the pilot who skipped out has to pay up than doesn't.

Anyone want to post a copy of their bond. black out the names and dates of course, might make for some entertainment.
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bob99
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Re: Air Georgian Bonds

Post by bob99 »

Bond or no bond, stay away from this place!
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