Originally Posted by
bda321
Let's not forget Bombardier was actually asking about the case regarding when an airline is insolvent and whether the administrators would still chase the bond. That is a flat no, or do you disagree too? Would PWC be chasing pilots for bonds?
When even Ryanair concede defeat, and as a result reintroduce upfront TR payments, sorry but the bonds are all but unrecoverable. At my first airline I had a semi office role and in discussion with the HR director over lunch, they told me upfront there is practically no recourse for them when pilots break bond agreements. Hence why they hate funding ratings and will charge if they think they'll still get the candidates they want.
Regarding loss of trust and it being a small world, I would agree actually. However, that is a different conversation entirely from the one Bombardier asked about. Even then, I have seen multiple bond breakers encounter little obstacles in their career progression .. I am sure not everyone is so lucky though.
It is a legally binding contract, the airlines can pursue you by civil means. It might not recover the money, but it can screw up your life for a good few years.
I very much doubt the bond would be enforceable if the airline went bankrupt, as the pilot has lost the job, through no fault of their own.
As far as my basic understanding on the matter goes, no training bond can be recovered in that situation