PPRuNe Forums - View Single Post - Airline bonding and redundancy
View Single Post
Old 12th April 2007 | 21:57
  #5 (permalink)  
Pilot Pete
 
Joined: Aug 2000
Posts: 1,695
Likes: 1
From: Egcc
I can confirm that if you have a 'bond' for your type rating costs, then if made redundant you are free from any commitment. This happened to me post 9/11.

If you are on the new generation of 'loan', then as pointed out if it is an agreement between you and a bank, then you will still be liable for any outstanding debt.

PP
Pilot Pete is offline  
Reply