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Old 17th Jan 2014, 14:58
  #158 (permalink)  
slyde55
 
Join Date: Feb 2008
Location: Rivertown
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bond

For clarification bond/bank guarantee is for TWO years:

Less than 6 months, $22,000 usd to be paid to CAE Parc
Less than 12 months but more than 6 months, $19,000 usd to be paid to CAE Parc
Less than 18 months but more than 12 months, $16,000 usd to be paid to CAE Parc
Less than 24 months but more than 18 months, $13,000 usd to be paid to CAE Parc

Obviously not cool but agencies stated are requiring it. AviatorAsia is presently not requiring the bond up front, only if you fail to complete training???

Allegedly CSA has just stopped the application process for this contract due to massive interest. They apparently have been filling training slots so the bond hasn't entirely dissuaded everyone. It is always difficult to get the collective group on the same page.
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