Originally Posted by
DLpilot
It is important to remember that we are dealing with logging of flight time only for purposes of FAR 61.51, where you are keeping a record to show recent flight experience or to show that you meet the requirements for a higher rating. Your question does not say if the SIC is fully qualified as a PIC, or only as an SIC. This is important because even though an SIC can log PIC time, that pilot may not be qualified to serve as PIC under Part 121.
Do US carriers train FOs as PICs? I could be wrong here, but PIC time on airline applications is not only as the sole manipulator of the controls in a multi crew operation, but actual PIC time, the individual who is listed on the release, as well who signs the tech log.
I think some applications request IRO time listed as such too. That said, unless FED EX, or SWA request the same, then there's no way around the issue.