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Old 26th Sep 2010, 16:40
  #1529 (permalink)  
SMOOTHFLIER
 
Join Date: Feb 2001
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Bond is just a loan

DO NOT GET FOOLED BY THIS!

THE "BOND" IS SIMPLY A LOAN THAT HAS TO BE TAKEN OUT IN YOUR NAME TO PAY FOR THE TRAINING.
iF YOU ARE NOT PLACED IN AN AIRLINE OR ARE IN A HOLDING POOL FOR ANY PERIOD OF TIME YOU WILL BE RESPOSIBLE FOR THE MONTHLY REPAYMENTS IF YOU ARE FLYING OR NOT.

THE BANK VIEWS IT MERELY AS A LOAN IN YOUR NAME WHICH YOU MUST REPAY.
THIS TERM BOND IS INTENDED TO CONFUSE AND IMPLIES THAT EMPLOYMENT IS GUARANTEED WHICH OF COURSE IT ISNT.
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