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Old 14th October 2011 | 21:07
  #15 (permalink)  
Narrow Runway
 
Joined: Mar 2011
Posts: 537
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From: The IMF.
Mike Hotel:

In the past airlines (majors at least) paid for your training. Competition was tough for such places, hence rewards were good.....

.....compare that to.......

......Paying for ratings and then compounding the situation by accepting a bond on that very same type......

.....if you want more reasons why it's gone wrong, ask your Mum.
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