Why you cant leave after 500 hours!
FlyerGuy
"I just have one final question... Once you've paid for the type rating/accom/uniform/pass/etc, are you bonded in any way? What's to stop someone getting 500 hrs then leaving?"
Just to let you know what is happening at the moment. No matter what they tell you in the interview or when you put your name on that contract, as it stands, NO ONE is getting Ryanair contracts. Everyone is being told they MUST sign contracts with Brookfields based out of Dublin. There is no option.
As far as money goes. Paid in Euro at 40.5 per block hour. Not paid for duty time, only time the plane is moving.
You are bonded for 2 years to Brookfields at a cost of 150 Euro per sector flown under line training. Which works out at about 70 sectors on average. Do the maths. That is what stops you leaving after 500 hours.
Forgot to mention that you are classed as self employed and are resposable for all your own tax and accounts, plus you only get paid into a european bank account.
Apparently however it is possible to stay on the training contract once you have finished line training, however this means that you are only earning £850 per month NO SECTOR PAY!! and you can be sent anywhere in Europe at your own costs.