CTC Placements and Bonds
Hi. At what part in the training/process is the 60k bond transferred to an airline? If, for whatever reasons, employment with that airline ends before the bond is paid-off, what happens to it? Does it return to the student, or is it paid off?
Also, what happens if CTC were to go bust. Not saying it will, but given these uncertain times nothing can be ruled out. Would the loan be written off, underwritten by someone, or would the student be liable?
Also, when on the line training, what sort of work will the student be really doing? If the line training organisation does not take the student on, will the skills/experience learned be useful elsewhere?
Thanks in advance for your help