Originally Posted by
ocskyguy
Not true. There was originally an opinion that completion of OE was required under AQP to complete the type rating process. However, as our APM found out, the folks at the FAA changed their own interpretation of the rules.
We had a couple of people bail before completing OE. The APM tried to get their type ratings invalidated. But, FAA HQ overruled his actions. So, basically, you can walk out of the sim on LOE day and keep your rating. But, you head better be heading to a major (or, 5Y, who loves to steal our pilots) if you want to find a job. The privately held airline owners are on a pretty tight "good old boy network".
Good to see that has changed. Fair enough.