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Old 26th July 2009 | 13:05
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karthick1985
 
Joined: Nov 2008
Posts: 9
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From: DELHI
Question Breaking A Contract............

Iam working as a pilot for an airline company in india....i had paid for my type rating and also signed a bond for a period of 5 years or 60 thousand dollars .I know it is stupid but had no choice coz of the current global market crash as there were too many takers.By the way the training on the dornier 228-201 cost me around 33,000 dollars.Wanted to just build enough time on the dornier turbo props and move out of the company .Is it possible in any way to break the contract and move on in less than 5 years without having to pay 60 thousand dollars as i feel the contract doesn't hold any value.....thanx........
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