Companies that will buy out bonds

[Otto Pilot]

Hey all! What companies out there if any are willing to buy out bonds? With the way the industry is going I’d assume multiple small carriers would consider this ?

[digits_]

It happens, but you're likely asked to keep that confidential. Specifically targeting those companies is likely not going to be appreciated though...

Also keep in mind that this is something companies will only do if they really need you. That likely means you won't really like this new job long term either...

[CL-Skadoo!]

Corporate will do that for the right character…but shhhhh

[piperdriver]

It's batshit crazy that companies still require training bonds with the current state of the industry.

[WaldoPepper]

^clueless

[pilotmax]

In this market no one should be putting up with signing a training bond. Treat your employees properly and they will stay for at least a year.

[JHR]

Not when big red calls. They will crawl naked over broken glass to be the lowest paid 777 FO in the world...but at least they have that seniority number!

[‘Bob’]

Not when big red calls. They will crawl naked over broken glass to be the lowest paid 777 FO in the world...but at least they have that seniority number!

How did the pinnacle of Canadian aviation become such a joke?

[yepivedonethat]

"Training bonds" ....

1) Don't sign one. Companies that still subscribe to this form of so-called pilot retention are companies that you need to avoid.

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

[rookiepilot]

"Training bonds" ....

1) Don't sign one. Companies that still subscribe to this form of so-called pilot retention are companies that you need to avoid.

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

Free legal advice on AvCan!

[Bede]

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

What are these reasons that make bonds unenforceable?

[Aviatard]

"Training bonds" ....

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

Oh really montado?
https://www.canlii.org/en/bc/bccrt/doc/ ... ultIndex=1

[SeptRepair]

"Training bonds" ....

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

Oh really montado?
https://www.canlii.org/en/bc/bccrt/doc/ ... ultIndex=1

I wonder if he ever paid?
https://www.princegeorgecitizen.com/loc ... se-4988433

[Bug_Stomper_01]

Hey all! What companies out there if any are willing to buy out bonds? With the way the industry is going I’d assume multiple small carriers would consider this ?

Here’s a simple solution, don’t sign bonds to begin with.

[Jean-Pierre]

How about not expecting someone named Brooklyn to pay their debt

[Otto Pilot]

Hey all! What companies out there if any are willing to buy out bonds? With the way the industry is going I’d assume multiple small carriers would consider this ?

Here’s a simple solution, don’t sign bonds to begin with.

Had do to what I had to do. It’s all solved now though.

[cjp]

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

What are these reasons that make bonds unenforceable?

That's what I was wondering. Anyone I know who's gone to court has lost. It's an enforceable contract as it's based on the cost of training that you've agreed to repay should you leave your employer prior to a certain date, and it's usually laid out in very blatant unambiguous terms.

Yes people have gotten away after signing them. Most end up in court with someone who's very unhappy - and its usually not the employer.

Do yourself a favour, have some respect, and don't sign one in this market. Any company that does promote this at hiring usually has a revolving door and you're likely in for a bumpy ride once that contract is signed back for the next 24-36 months.

Oh it's always one way - you can't leave, but if the boss is banging his mistress enroute and the missus is waiting at the terminal - kiss your seat goodbye, cause the jet will be the first thing listed on Controller, and likely sold without more than a few days notice on your days off.

Sounds specific, but happens all the time....

[pelmet]

I signed a bond that allowed me to get hired and trained on a very cool airplane and which was followed by another very cool airplane and job at the same company. Due to my intentions of sticking around, those two bonds were not a problem. If I hadn't been willing to sign, I would have remained in a job that I felt was much less desirable.

[mmm...bacon]

"Training bonds" ....

2) For those of you dumb enough to have signed one, not to worry, they're not legally enforceable for various reasons. Just quit and move on to a better job.

Oh really montado?
https://www.canlii.org/en/bc/bccrt/doc/ ... ultIndex=1

I wonder if he ever paid?
https://www.princegeorgecitizen.com/loc ... se-4988433

That Brooklyn is a busy guy at the courthouse…here he is appealing the administration of a failed PPC ride:

HTTPS://canlii.ca/t/jz9cj

[Jean-Pierre]

Then I shut up before he call his lawyer stepdad on me too.

[Bug_Stomper_01]

Hey all! What companies out there if any are willing to buy out bonds? With the way the industry is going I’d assume multiple small carriers would consider this ?

Here’s a simple solution, don’t sign bonds to begin with.

Had do to what I had to do. It’s all solved now though.

Ya, I’ve never signed one because I learned from others that have. Those bonds aren’t there to “protect” the company. They are solely there to leverage the employee for the duration of the bond, which usually borders on burning the employee out

[cdnavater]

30 years, no bond!
Had one company try to bond me when switching from one type to another and I politely declined even though they already had a free year from me on the other type they operated. I just said I’ll keep flying the other type and since they held me back I left shortly after for a much better job.

[Bug_Stomper_01]

30 years, no bond!
Had one company try to bond me when switching from one type to another and I politely declined even though they already had a free year from me on the other type they operated. I just said I’ll keep flying the other type and since they held me back I left shortly after for a much better job.

I’ve always declined bonds and usually got endorsed anyways. Everyone needs to remember they need endorsed pilots and technicians to operate. If you’re worth your license they will almost always train you. The bond is only there to leverage the poor sap that signs it

[cdnavater]

30 years, no bond!
Had one company try to bond me when switching from one type to another and I politely declined even though they already had a free year from me on the other type they operated. I just said I’ll keep flying the other type and since they held me back I left shortly after for a much better job.

I’ve always declined bonds and usually got endorsed anyways. Everyone needs to remember they need endorsed pilots and technicians to operate. If you’re worth your license they will almost always train you. The bond is only there to leverage the poor sap that signs it

This was my only experience with a bond, however this company just went to the next pilot who agreed to the bond, I’m sure if all the pilots declined it would make its way back around. At the time there were 10 pilots for every job, so no incentive to train without the bond, I sure hope times have changed but it seems like some companies are still finding pilots willing to sign.

[Bug_Stomper_01]

30 years, no bond!
Had one company try to bond me when switching from one type to another and I politely declined even though they already had a free year from me on the other type they operated. I just said I’ll keep flying the other type and since they held me back I left shortly after for a much better job.

I’ve always declined bonds and usually got endorsed anyways. Everyone needs to remember they need endorsed pilots and technicians to operate. If you’re worth your license they will almost always train you. The bond is only there to leverage the poor sap that signs it

This was my only experience with a bond, however this company just went to the next pilot who agreed to the bond, I’m sure if all the pilots declined it would make its way back around. At the time there were 10 pilots for every job, so no incentive to train without the bond, I sure hope times have changed but it seems like some companies are still finding pilots willing to sign.

That’s a fairly true and pathetically real factor as well. I just never worked for a company with that kind of situation I guess. Don’t care never have signed one never will