Originally Posted by
VegasChris
I am one of the guys that started this 2 years ago and borrowed about 60k to do it. I am sitting at my R-ATP minimums and any class dates I had are suspended indefinitely.
I have a good career in the fire dept and can afford to pay on my student loans (fixed interest- low rate, and maybe if one of these Democrats get in they will just forgive it anyways).
I have always looked at this potential career switch as an investment. My return on the investment is significantly delayed, however I still think it will pay off eventually.
These last few weeks have helped me to make a decision not to leave my current career completely......until I am way up on a seniority list or find something in the 135 field that I can merge with my current schedule.
If minimums change due to a large amount of 121 pilots on the street then I will deal with it then. I think no one knows what will happen in October. Everything could bounce back by then with the country opening up this week or all the majors could lay off 30% and delay everything for 5 years. My best guess is somewhere in between.
Its a shot in the dark to predict it now. Thankfully all of my certificates do not have expiration dates and I can afford to rent a plane to keep IFR current every 6 months until the hiring comes back. If I have to pay for a CTP course then so be it- 5k isn't too bad. I won't be paying for a 30k type rating though. As far as training bond I think that will be on a case by case basis if I will sign- I understand the reasoning for it, but I can afford to sit back and wait while working my current career until hiring is favorable to the candidates again or until the right 135 job opens up.
I'm sorry. It's like the worst possible time to just be at the level where you're employable at a 121 carrier.
When I graduated college in '94 I was beyond broke and couldn't afford proper flight training, plus the regionals wanted 3000 TT and a Shuttle landing to sit right seat in a Metro.
Then when I finally got all my ratings including my ATP, I got an interview at a regional. That was scheduled for 9/15/01. Needless to say the interview was cancelled.
Focused on my non-aviation career, got comfortable, finally got tired of cubicle life and decided to reapply...
... Just as 2008 happened.
By the time the regionals were hiring again it was 2013. I finally got on the bandwagon. Twenty years after I'd originally hoped to start.
I highly doubt your wait will be that long, though. And you've got a solid plan in placetplace, which is great. Good luck to you, and to all of us. We sure could use some right about now...