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-   -   Type Rating Contract Length for XO / Flex (https://www.airlinepilotforums.com/fractional/117916-type-rating-contract-length-xo-flex.html)

padlocked17 11-10-2018 05:27 PM

Type Rating Contract Length for XO / Flex
 
I've been looking at XOJet or FlexJet as a short-term stop before getting a call for one of the majors.

Does anyone have any info on what length of contract is required to be signed in order to get typed and if that contact can be "bought out" if I were to get offered a job at one of the majors in say a few months?

FNGFO 11-10-2018 06:02 PM

Flex used to be a 2 year contract with a pro-rated pay back based on length of service.

tommy2times 11-10-2018 08:11 PM

Quote:

Originally Posted by padlocked17 (Post 2706348)
I've been looking at XOJet or FlexJet as a short-term stop before getting a call for one of the majors.

Does anyone have any info on what length of contract is required to be signed in order to get typed and if that contact can be "bought out" if I were to get offered a job at one of the majors in say a few months?

Flexjet has no contract and XO has 2 years...

pixelflying 11-10-2018 08:18 PM

Quote:

Originally Posted by tommy2times (Post 2706409)
Flexjet has no contract and XO has 2 years...

Two? I was told one year during my interview and ended up getting none. Where are you getting two from?

MOGuy 11-11-2018 05:10 AM

XO has a one year agreement pro-rated

flyskisail 11-11-2018 06:50 AM

Correct one. Pro rated. Enforceability in CA is questionable though.

Sent from my LG-H918 using Tapatalk

symbian simian 11-13-2018 08:40 PM

Quote:

Originally Posted by padlocked17 (Post 2706348)
I've been looking at XOJet or FlexJet as a short-term stop before getting a call for one of the majors.

Does anyone have any info on what length of contract is required to be signed in order to get typed and if that contact can be "bought out" if I were to get offered a job at one of the majors in say a few months?

just curious what makes you sure you will get a call from the majors within a year....?

padlocked17 11-18-2018 12:52 PM

Quote:

Originally Posted by symbian simian (Post 2707948)
just curious what makes you sure you will get a call from the majors within a year....?

I'm not sure. I have no idea in fact, but I am in a position to be competitive and that is my end goal. I don't think it's unreasonable to be optimistic yet plan accordingly if things don't go how I would like to see them go.

symbian simian 11-19-2018 01:34 PM

Quote:

Originally Posted by padlocked17 (Post 2710533)
I'm not sure. I have no idea in fact, but I am in a position to be competitive and that is my end goal. I don't think it's unreasonable to be optimistic yet plan accordingly if things don't go how I would like to see them go.

Assuming you have more than 20 years to go, the career earnings difference between any fractional and any non-regional 121 would be over 2 million, so more than enough to pay the penalty...

padlocked17 11-20-2018 05:45 PM

Quote:

Originally Posted by symbian simian (Post 2711050)
Assuming you have more than 20 years to go, the career earnings difference between any fractional and any non-regional 121 would be over 2 million, so more than enough to pay the penalty...

I 100% want to be with a non-regional 121. Just looking at some non regional alternatives until I get a call from a major (I have 1500+ TPIC and over 3000 total with almost all of it being turbine multi-engine).


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