PPRuNe Forums - View Single Post - Mega Merged: REX Recruitment/Cadetship and Working for REX
Old 1st Aug 2017, 05:46
  #860 (permalink)  
guni83
 
Join Date: Mar 2016
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Originally Posted by dr dre
The $105k for the cadetship will turn out to be financially better in the long term. Considering you'll get on an airline salary and seniority list straight away, be able to get a command and pay increase sooner, and you'll be able to go on to bigger and more highly paid jobs sooner with your multi crew turboprop time.
You don't pay back the full $105k if you stay the full 7 year minimum employment term. Out of $105k, you would have paid 25k up front, company loans the other 75K of which you pay back 50k during the employment. And if you stay the full 7 years they wipe the rest. So you would only end up paying 75k from Ab-initio all the way to Saab 340 type rating.
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