Ah . . . No.
First here's what/how I log as an FO.
1--Total Time
2--Multi-Engine Land
3--Turbine
4--XC
5--SIC
6--All Night
7--Only the actual instrument that I was the sole manipulator
To say that the clock does not start until you're PIC is grossly inaccurate. There is no denying that PIC time is WAY more valuable than SIC, however if PIC was ALL the majors wanted. They would only ask for that time on the applications.
I really only know of two majors that have specefic PIC requirements: SWA and ATA. Not sure about Airtran or JBlue.
In fact, I believe Doug was hired with minimal PIC turbine and it was also in aicraft less than 20,000 MATOW. Granted, that was a far different market. However, we just had an FO leave for Frontier with a big 0 in the PIC turbine column.
I know of SEVERAL furloughed TWA guys that are having a hard time finding a job because they have 0 turbine PIC. In fact at least two of them have far less total PIC than I. I'm a bottom-feeder regional FO and all my PIC came from solo and CFI days. So, they were hired at TWA from the right seat of a regional with only 121 SIC time. Again, they were hired around 1997-2001--a far different time.
I think we'll see similar hiring in about eight years. Not at CAL, AA, UAL, NWA, or Delta. But at Frontier, Alaska, JBlue, SWA, Airtran, and ATA. All majors none-the-less.
Again, PIC is golden. If you're at a regional you should take the first upgrade on something that burns Jet A with more than one engine. I'm senior enough to hold EMB-145 FO, but I stay in the right seat of the 41 because if I went to the EMB right now, I'd be seat-locked for 365 days post IOE. I hope to upgrade on the 41 before then. If I went to the EMB, I could miss an upgrade if the industry tanks again.
Oh, SWA accepts Caraven time towards their PIC turbine requirement.
Hope this helps--good luck.
Hope this helps.