JET AVIATION (GDY) - Self Funding T/R
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A bond means nothing.. I’ve never heard of anyone having to pay anything back if they leave early because of a bond... and as far as paying goes, how do people still not understand this...? The owners say they want typed people and don’t want to pay ratings... why on earth would Jetaviation then “invest” 50,000 grand plus out of their own pockets? Especially for an asset that can leave when he or she wants to? Those days are gone and while it sucks, it makes sense in the current climate. I know some people that cry over the good old days of simple cellphones... well guess what Nokia brought back the 3310... times will change again...
I don't know if Jet Aviation will not make you sign a training bond, I would guess it's safe to say, that they probably would.
The point I was making, was actually not about whether it's attractive for non type rated candidates to apply, but more importantly the fact that a previously respectable company, that Jet Aviation WAS, are now asking it's future employees to pay-to-fly for them. Jet Aviation has now involved themselves in the business of having applicants pay to fly for billionaires, and get a contract.
The point I was making, was actually not about whether it's attractive for non type rated candidates to apply, but more importantly the fact that a previously respectable company, that Jet Aviation WAS, are now asking it's future employees to pay-to-fly for them. Jet Aviation has now involved themselves in the business of having applicants pay to fly for billionaires, and get a contract.
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Wouldn’t it be great if that was true? I have seen it so many times and not one of the guys or girls didn’t get rehired fast. It’s just not true in reality.
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The main issue (problem) here is that a previously respectable company like Jet Aviation now actively are looking for self sponsored pilots to pay to fly for billionaires. The sales team at Jet Aviation have obviously pressured an obviously weakened pilot management team into this scheme. The reality is that this is just the beginning of a downward spiral for a company like Jet Aviation, that previously would have had backing from pilots with influence on the owners decision of where to put the aircraft under management. Jet Aviation is losing its appeal by going down this road. Time will tell.
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Jet Aviation do not bond for either initial or recurrent training.
With this particular case I imagine it is the aircraft owner who is insisting on part self funding of the rating and not Jet Aviation.
With this particular case I imagine it is the aircraft owner who is insisting on part self funding of the rating and not Jet Aviation.
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If you let me, I would like to share my opinionas well. I have been more than 20 years in the business. If I have learnt onething, is that the market is changing all the time. Of course, we tend toremember only the “good” part of the “good old days”, however I think ingeneral, things are not permanently deteriorating. Salaries have gone up anddown worldwide depending on crew availability and owner’s demands. One thinghas remained stable and true since I started flying: the great majority of BusinessJets owners, no matter how rich they are, always considered the airplanes assomething “nice to have” as opposed to an absolute “must have”… These airplanescreate cost for them. And of course, they hire people to keep those generatedcosts under control, or to even reduce them… Aircraft Management companies likeJet Aviation, do not dictate the conditions. Customers dictate. The days whenJet Aviation owned a fleet of small jets for charters are long in the past. Iam quite sure that they do not hire their own crews anymore, just like everyother aircraft management company.
I think our big enemy here are the outrageouslyexpensive training costs generated by CAE and Flight Safety. How can youexplain that they charge nearly USD 100k for GLF type ratings, whereas theycharge 20 to 30 k for Boeing and Airbus Type Ratings? And they are alwaysoverbooked! These totally unreasonable training costs are what makes ouraircraft owners look into new ways to finance their ever increasing costs.This, and the few pilot colleagues who jump from job to job ruining our reputationas professional pilots, are the major reasons why owners start to ask forpilots to pay for their type ratings. I may be wrong here, forgetting to factorin other aspects, however this is my humble opinion on this topic so far. Hopeif helps to bring in a slightly different perspective.
I wish smooth skies to everyone!
