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Paying to finish up hours?

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Old 07-29-2018, 10:20 AM
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Default Paying to finish up hours?

I heard a rumor Republic might have a program where they pay for you to get your last couple hundred hours or so. I’ve also heard a similar rumor about Silver Airways. Does anyone know anything more about this?
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Old 07-29-2018, 11:43 AM
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Originally Posted by dodsqubam View Post
I heard a rumor Republic might have a program where they pay for you to get your last couple hundred hours or so. I’ve also heard a similar rumor about Silver Airways. Does anyone know anything more about this?
Only if you are within 100hr of your ATP/R-ATP mins. And it comes out of your sign-on bonus. Simply put, they pay for your hours with your own money. Good alternative if you don't have a job that gives you hours and you don't have enough cash at hand.
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Old 07-29-2018, 04:07 PM
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If it seems too good to be true.......
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Old 07-29-2018, 07:00 PM
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Originally Posted by zanfarroway View Post
Only if you are within 100hr of your ATP/R-ATP mins. And it comes out of your sign-on bonus. Simply put, they pay for your hours with your own money. Good alternative if you don't have a job that gives you hours and you don't have enough cash at hand.
It comes out from the tail end of your signing bonus. So your initial cashflow remains unchanged.
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Old 07-30-2018, 03:38 AM
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It’s a good option for someone who doesn’t have access to multi time. I had friends who flew single engines at flight schools and charter but had no way of getting multi time. It’s not like you can always easily find someone who will let you log time flying their twin engine for 50 hours with low time. My friends started with like 5-8 hours multi and finished the week with the required 30 or whatever it is.
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Old 07-30-2018, 04:51 AM
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Originally Posted by TheWeatherman View Post
If it seems too good to be true.......
Ohh it’s sooo true
One of my coworkers is building his last 60 hours of XC. He uploads his receipts to his republic account and they subtract that from the sign on bonus.
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Old 07-30-2018, 09:37 AM
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Several fellow instructors at my school have done/are doing this. Mostly XC time.
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Old 07-30-2018, 02:13 PM
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Originally Posted by StartUp161WanaB View Post
Ohh it’s sooo true
One of my coworkers is building his last 60 hours of XC. He uploads his receipts to his republic account and they subtract that from the sign on bonus.
Yep, that is the true part. In other words, you are paying for your own time. You are just getting an interest free loan so to speak. The OP was under the impression that the company would pay for it out of their own pocket. Like "Hey, we are so desperate for pilots we will pay for your last 100 hours to get you here quicker!"
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Old 08-01-2018, 03:59 AM
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Default Thanks guys

Well at least the rumor mill was somewhat accurate this time. I actually heard this from a Republic CA, so I knew there had to be some truth there, but he didn’t know the details. In my situation, I’d rather just flight instruct for the last 100 hours and get paid for it (instead of having to pay for flight time). I could see this as being a good option for someone who hasn’t hit one or more of the ATP minimum criteria like the night flying, cross country, multi engine, instrument, etc. Even with my CFI employee discount, 100 would eat up a big chunk of that bonus. More steep turns and slow flight it is!
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Old 08-01-2018, 05:17 AM
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Do we know for a fact it comes off the tail end of the bonus? I took roughly half of my bonus for ME time building. If I still get the 7500 chunk after IOE, that would be fantabulous.
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