Think PFT is a good idea, read this.

USMCmech

USMCmech

Well-Known Member
From AVweb

http://www.avweb.com/newswire/11_12a/briefs/189385-1.html

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Ron Tessier paid defunct Canadian airline Jetsgo $30,000 to be trained to fly its planes. With $29,000 still owing on the loan he took out, Tessier, a pilot for 18 years, is heading home to Sudbury, Ont., and to a possible job at the local Home Depot to pay off the debt, Tessier told the Toronto Globe and Mail. Jetsgo demanded the $30,000 payments up front from all its pilots as a repayable (over two years) "loyalty bond" to prevent them from jumping to another airline after they were qualified. However, it was Jetsgo that pulled the pin on the pilots and other employees by declaring bankruptcy last week. Newer pilots, like Tessier, have virtually no chance of recovering their bonds. "It's absolutely gone. It's going to bankrupt a lot of people," Tessier said.

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Enough said.
 
Good thing he went with JetsGo and not Tab Express ... w/ Tab he'd be out $100k. I don't know many other things besides a house that I would be dropping that kind of money on.
 
Good grief....a pilot for 18 years and he still paid $30,000 for a job? Even being a bond and all that sounds very unusual....is the job situation that bad in Canada?
 
It has been tough since Canada 3000 went out of business(they were quite big), there has been an LLC start every week however start up airlines, especially in those numbers does not equal stability!
 
No I think they are very different - there were a few airlines named like that (Air 2000), not sure how they are connected.

Canada 3000 went out of business in 2001 I believe - I think they had some 100 planes or so!
 
P.S.

In the United States, student loans can't be disolved in a bankruptcy.

So you can lose everything and still have to make payments on your loans.
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Did that include USA3000 as well?

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They're still cranking away outta PHL. Callsign "Getaway." I'm sure you've heard them.
 
We preach, time and time again, that PFJ/PFT is a bad deal on so many levels. So it's really hard to have any sympathy for a person who gets burned by an outfit like that, especially when there's such a large volume of information freely available on the internet.
 
Some disagree, but I wouldn't have a problem with paying for a type rating if it were required for a job. If everything goes to hell, then you still keep your type rating.

But paying 30K for "airline training" is just stupid. This "training" dosen't even count for anything, and you can't take it with you. Darwin strikes again.
 
You know someone is thinking......
Too bad for him. I can still do it because I take my flying seriously, plus I'll ask them if they're going to stay in business for my duration of training. Besides, I wanna fly for a MAJOR American airline, like America West. Plus that advertisement doesn't look like it came from a near bankrupt company. He should have known better and asked the recruiter more questions.
 
There are decent companies up here but also many bad ones. Here King Airs are usually all flown two crew and the captain is required to have over 3000 hours.
 
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Thanks. Both of those (PFT/PFJ) sound ridiculous. Why would anyone sign up for something like that? There are other ways to build time!

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Considering the high cost of civilian flight instruction, there are quite a bit of us that are impatient spoiled brats that just want to just buy our way into being a pilot!
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This one of those areas where it would be better to be the bull that walks down to the cows in relation to getting hired
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Some disagree, but I wouldn't have a problem with paying for a type rating if it were required for a job. If everything goes to hell, then you still keep your type rating.

But paying 30K for "airline training" is just stupid. This "training" dosen't even count for anything, and you can't take it with you. Darwin strikes again.

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Okay granted I don't totally understand how it works at Southwest, but don't you have to pay for a type rating to work there? I know that at Jetsgo atleast the captains and probably the FO's had PPCs (Canadian Type Ratings). Now they were even getting paid back the money that would be paying for that type rating. I don't want to start a huge fight but would someone explain to me how this is that much different than Southwest. Jetsgo wasn't a zero hours pay to get in the right seat job, they were all experienced drivers. I don't in any way agree with it, I am just curious how similar or unsimilar it is to Southwest aside from the fact that nobody else is Canada operated the same type of aircraft at the moment.
 
It's pretty simple.

If I am a former 737 captain from Midway, I could qualify for hiring at SWA without spending a dime because I have a type rating.

However, if I applied at Jetsgo, I'd still owe them $30,000 for training/loyalty/whatever even though I possess a 737 type rating and experience in the aircraft.
 
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