Originally Posted by
Acepilothk99
Yup I am a cadet pilot and this is definitely what management has been saying to us. We have an unforgivable loan bound to us for 5 years which is payable according to an equation management came up with if you leave the company or get terminated "based on company discretion." The loan will take approximately 14,000 HKD (our monthly allowance) per month for the first 3 years which actually adds up to 504,000 HKD total. Half a f*cking million HKD. Even more deductions than the figures provided above. Absolutely ridiculous.
yeah but you didn’t pay a single dollar towards your own training? I’d consider that a pretty good deal unless of course you want to obtain a licence elsewhere at your own cost?