Ok PD and thanks for the information.
Three years is long time in aviation business, make sure that if company ceases operations you get your money back...
Why donīt they put it like this, reduced salary for example two years. That way the poor pilot does not have to make 27K before getting hired and it is more safer to employer also. Or why not use the normal, traditional and famous service bond? Is that illegal in Austria and this is the way they are doing it in Tyrolean?
27000 is lot of money for conversion course for TP or CRJ. Realistic, if only instant expences are taken inaccount are aprx. 15000-20000 max.