Thanx for the info, freaktrimmer. Do you or anyone else also know about what their terms are for bond and type rating?
I'm one of many NRI pilots on the fence trying to decide if we want to take the plunge and deal with DGCA conversion process.
The main roadblock aside from DGCA is that I've heard the bond can be 4-5 years and up to $40,000, which is beyond me. I mean, one can get a B737 rating for as little as $7000-10000 in the US and A320 for $10000-16000. Why the discrepancy, when everything else is so many times cheaper in India?
And also, many of us would still be willing to do the bond if it's installments out of salary over time but I've heard many airlines in India want the money up front or some sort of draft. Even most American pilots can't afford to fork over $40K for a TR when we've already invested so much just in getting CPL.