For the first time in their history, Vietnam Airlines, allowed expatriate F/O's to apply for an upgrade some months back. I believe 17 applied and 15 were made an offer, of which, 5 commenced the training.
One of the five pulled out after about a month and is still flying as an F/O. One checked out as a Captain a month ago and two others are close to completing their training.
In this industry, one has to compare "apples with apples" and some of the posts above are quite biased. Will Vietnam Airlines continue to offer upgrades-who knows?
Is it a fair deal? Nothing is fair in modern aviation but you have to consider the overall package.
If two people fly with Vietnam Airlines for three years-in theory. One stays as a F/O and the other accepts an upgrade then the one that accepts the upgrade will:
Make approximately $30,000 US more than the one that stays an F/O. Should achieve around 1500 PIC time and lose no bond. Of course if you leave one day early on the bond period then you lose the $30,000! The $24,000 training cost is paid from your income and could probably be negotiated with the relevant agency ?
cheers
