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Companies who require training bonds or money upfront...
Posted: Wed Mar 26, 2008 8:38 pm
by Wacko
... I have to say I'm really surprised with how few people actually posted so far... everyone on this site b!tches about lack of information and now that there's a place for it... no one takes the initiative to contribute....

Re: Companies who require training bonds or money upfront...
Posted: Wed Mar 26, 2008 8:40 pm
by Adam Oke
Anyone from Bearskin? I know they have a 10G bond ... along the lines of drawing a loan, and they make the payments for you.
Re: Companies who require training bonds or money upfront...
Posted: Thu Mar 27, 2008 7:41 am
by pa31guy
Calm Air, Keystone, Keewaitin Air, Carson Air
Re: Companies who require training bonds or money upfront...
Posted: Sat Apr 05, 2008 2:44 pm
by 'effin hippie
North-Wrong Keeps $350 off every cheque for 30 months, then pays you out. Dirty.
Air Nunavut wants the cash up front. Last I heard was $9K for the 200, some ungodly sum for the Falcon.
ef
Re: Companies who require training bonds or money upfront...
Posted: Sat Apr 05, 2008 3:28 pm
by Chuck Ellsworth
North-Wrong Keeps $350 off every cheque for 30 months, then pays you out. Dirty.
Do they pay you the interest on the money for the time they withhold it?
Re: Companies who require training bonds or money upfront...
Posted: Sat Apr 05, 2008 5:54 pm
by Mr. North
Wasaya, CMA
Re: Companies who require training bonds or money upfront...
Posted: Sat Apr 05, 2008 6:29 pm
by sky's the limit
Nothing wrong with money up-front, as long as it's in the form of a signing bonus....
stl
Re: Companies who require training bonds or money upfront...
Posted: Sat Apr 05, 2008 7:18 pm
by SQ
edited as i read twice and finaly understood

Re: Companies who require training bonds or money upfront...
Posted: Sun Apr 06, 2008 6:40 am
by LegoMan
I think with the way industry is, alot of these companies cant afford to lose pilots, and they probably dont have much of a training budget. If you're a low timer or just getting into your first turboprop, there is a chance you're going to have to pay up front or sign a bond. Very few companies I've looked into didnt require anything, then again their pay and working conditions lacked big time.
Re: Companies who require training bonds or money upfront...
Posted: Sun Apr 06, 2008 5:03 pm
by sky's the limit
SQ wrote:edited as i read twice and finaly understood


Re: Companies who require training bonds or money upfront...
Posted: Sun Apr 06, 2008 5:43 pm
by 'effin hippie
Cat: Nope. Not according to what I heard.
ef
Re: Companies who require training bonds or money upfront...
Posted: Sun Apr 06, 2008 6:52 pm
by Chuck Ellsworth
Well if they don't pay interest on the money do you think they give it to charity?