Cheers for the replies. Interesting reading, along the same lines as what I'm hearing in the "real" world.

Thanks

Bral,

This would be a case of the company leaving you, not vice versa. If they are offering a pay cut, that would be a new contract. If they terminate you for not signing a new contract at lower pay, then you would be free from the bond. I would ask them to cancel the bond in exchange for the pay cut. I doubt they'd take the offer, but it's worth a try.

bral.

i guess the company would be happy if you don't accept the pay cut and leave.
these airline are loosing so much money, all they want is to get rid of pilots, bonding or not!

The Bond, then is null and void....... Enjoy the free rating old chap....:ok:

Does any of you have a copy of a training bond that you would like to share? Of course with names omitted from the document.

Or guide to a link on the interweb where one can find his copy?

I have searched Googoo but with no results yet.

All training bonds will be different, there is no standard.
Some may be enforceable and some may not.
The bottom line is not one of what is morally right or wrong but of a legal nature. So don't sign it unless you are confident you can defend your breach of contract in a Court.

Most of what has been written on this post is rubbish and opinion so my advice before signing any contract is take it to a Contract solicitor before signing and ask them for advice. Some do a free hour or it may cost you around £100

kickingkatie

I appreciate your answer.

I am aware that these agreements vary but I am just shopping around for one to see the wordings and to get a general idea of how these things are constructed.

Karl

Recurrent Bonds
 

I have a buddy in Macau flying private jets. He decided to leave with a week or so before his recurrent is due( he gave the mandatory notice period of over 30 days). In fact he'd have been the air right now heading for training if he didn't decide to leave. What makes this case different is that there was nothing written in his contract about recurrent training. there is a bond aggreement for Initial Classes and new type ratings for 24 months, but nothing for any other training. They just decided to deduct an amount the bean counters came up with for the relative cost of the recurrent training. Has anyone else heard of such a thing. If it is not in the contract then what is happening to him sounds illegal.:ugh: