PPRuNe Forums - View Single Post - How is a bond calculated?
View Single Post
Old 6th June 2002 | 13:23
  #2 (permalink)  
Thud_and_Blunder
50 Countries Visited
25 Anniversary
 
Joined: Aug 2000
: ATP+Mil
Posts: 1,631
Likes: 208
From: SW England
My own bond (with PAS) may not be typical, but here are the details:

GBP6,000 for 1 year, reducing to GBP4,500 for the next 6 months and then GBP3,000 for the final 6 months - which my maths makes 2 years in all.

Items specified in the bond are the company induction training and the cost of the conversion course.

Now, if I were to hire a helicopter of equivalent size and capability to the MD902, I reckon I'd be looking at GBP1,000 per hour plus VAT. Given that my course was 8h 30m, followed by on-the-job training at the constabulary's expense, I believe that my bond was pretty reasonable.

Hope that helps
Thud_and_Blunder is offline