View Single Post
Old 06-27-2017 | 08:50 AM
  #15  
Tester130
Gets Weekends Off
 
Joined: Aug 2016
Posts: 151
Likes: 0
From: P-28
Default

I didn't go through the program, but my understanding of it is you are responsible for paying to get the qualifications you need to be ATP eligible. So you need your commercial multi-engine with instrument rating. This could be paid for by your GI Bill, out of pocket, or a reduction in signing bonus I believe. After that PSA is gooding to pay for the time building flight time until you reach your 250 hours of fixed wing PIC time (of which 100 has to be cross country and 25 has to be night).

Each persons case is a little different so the guys as Sky Warrior will take a look at your hours/background/quals and let you know what you need, what you will be responsible for covering, and what PSA will cover before you start. If you use the program there is a commitment, but I believe it isn't any longer than the bonus commitment. And let's be honest, being a rotor transition, the odds of a major calling you before two years is pretty low.

So, long story short, you or the airline (depending on the situation) only pays for the time the plane is flown. If two pilots go flying for four hours and are both logging PIC time, they only get charged for the four hours. It is the same as if you and a buddy went and rented a plane and both logged the time. You get charged for the time you had the plane, not what you put in your log books.


Sent from my iPad using Tapatalk
Reply