PPRuNe Forums - View Single Post - Germania in financial difficulties
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Old 7th Feb 2019, 07:05
  #51 (permalink)  
AN2 Driver
 
Join Date: Nov 2003
Location: ZRH
Age: 61
Posts: 574
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Originally Posted by shorthauler72
Did they pay the full amount upfront when joining the P2F scheme or was it "pay as you go" i.e. per flight hour?
Neither. Apparently he did the type rating on a private basis before joining Germania which cost him 29k. The rest was doing his ATPL, also on a private basis it looks like. The way the article reads he was regularly employed by Germania and enjoyed it. He will probably be taken on by someone else relatively fast, time for out of work pilots have not been this hopeful for a while. Lots of companies are looking. I talked to someone in a similar position last week and he had offers of 4 major companies he could choose from.

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