Master Caution has of course just outlined the real AIPA strategy.....to push up JQ costs to the point where there's no reason for it to exist and they get all the 787s.
From their point of view, very clear, very logical. From the shareholders point of view, a disaster. From the point of view of pilots wanting growth and commands.....not good news. For those who've already got good super, a big jet and a command....no problem at all.
Any actuary could tell you exactly how long to bond for and for how much, to offset training costs. (And remember that the actual endorsement is not even a mjaority of the real cost of the first year of a new pilots life). A pilot would do the same number crunching if faced with paying for own endorsement or accepting a training freeze. The bond is probably a good strategy to get the right guys without putting costs up.
Just remember the pilot pays for every endorsement. Up front in cash, by years working for a dodgy carrier to get the endorsement somewhere else, by a training freeze, by a bond , by training pay, or by the low growth rates (read: time to command) that come with a huge legacy airline training pipeline thru multiple types. Or more than one of the above.
Last edited by genex; 14th Mar 2008 at 22:36.