Regional contracts
#1
Thread Starter
Line Holder
Joined: Oct 2014
Posts: 46
Likes: 0
What's the latest with Regional Airlines and post-training contracts/committments, do they usually have one or do any of them not have one? Most don't say on their profile pages if they do or don't.
#2
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,127
Likes: 796
From: Engines Turn or People Swim
I think most have shied away from contracts (which might scare off candidates), but you DEFINITELY want to verify that before you quit your old job.
I think today the new "training" contract is the recruiting bonus, which is only paid out over time if you stay at the company. I think you have the option of not accepting the bonus if you don't plan on staying long. Personally I would probably take the money, bank it, and give it back if a legacy calls in 8 months. If for some reason you get stuck longer than planned, you might as well have the bonus. Have to look at tax ramifications, ie if you pay part or all of the bonus back, do you get your taxes back too? Knowing the .gov, I'd guess not.
I think today the new "training" contract is the recruiting bonus, which is only paid out over time if you stay at the company. I think you have the option of not accepting the bonus if you don't plan on staying long. Personally I would probably take the money, bank it, and give it back if a legacy calls in 8 months. If for some reason you get stuck longer than planned, you might as well have the bonus. Have to look at tax ramifications, ie if you pay part or all of the bonus back, do you get your taxes back too? Knowing the .gov, I'd guess not.
#4
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,127
Likes: 796
From: Engines Turn or People Swim
The prop flying is an issue, not as competitive for the majors.
But the CTP thing is a general professional certification, so it's not unreasonable that you owe them something for that.
#5
I think that's par for the course. 9E doesn't make folks pay back their bonus for getting through OE, but I think there is a contract for the cost of the CTP course.
Thread
Thread Starter
Forum
Replies
Last Post



