Originally Posted by
VariablePitchP
The bond would be totally unenforceable in that case. What will they do, repossess your instructor spec 2006 Corsa?
Two years instructing isn’t the end of the world, given you get the MCC etc you’ll be ready to walk into the blue and yellow 737 the second that bond expires.
Oh don't get me wrong, that is a great deal for the students and there will be massive competition for those 6 places. Pretty cushty for a 2 year bond, airlines used to do 4+ years for a 30k type rating.
I just don't understand it from the business side. Leading Edge apparently couldn't pay their bills recently, and just opened a fair weather base and so have all the costs associated with that. It just doesn't add up.