I know how a bond works, but how it was described by one of the former pilots who did not accept, they told him he needed $30,000 to pay to the company, there was no contract detailing what he can expect from that $30,000, other than that he would be "remembered" in the future. Would you give a company that money without having any sort of contract that says exactly what you get out of that money? I know I wouldn't. It tells me that it's a good way to own your pilots, because who's going to leave the airline if they paid all that money to get the job in the first place? They'll take all the shit they get, because it cost them a lot of money.
Regarding pilots not exactly being on welfare, you are telling me that pilots should pay for their type specific training at an airline? They already pay for their training here in Canada, and that costs roughly $40,000. Every time they are trainined on a specific aircraft, be it an Airbus, or an MD 83, or anything like that, it costs from what I hear around $45,000 US. Of course that varies. You think pilots should pay for that?
Let's take a typical pilot, gets their commercial license for about $40,000. Then they fly in the bush. They pay for the training on a small aircraft there. Let's assume that's $10,000. Then they go on to Air Georgian, fly Beech 1900's and have to pay let's say $30,000. Then they go on to SSV, fly A320's, pay $40,000 to train on the A320. Then finally they get to Air Canada. They pay another $40,000 to train on the RJ or whatever they go on. You add up the costs right there.
How much does this "not exactly on welfare" pilot earn in the meantime? In the bush, he might make $20,000 per year if he's VERY lucky. At Air Georgian, he'll make about $25,000 as an f/o, $45,000 or so as a captain. At SSV, he'll start making probably $40,000 per year. Finally when he gets to Air Canada, he'll make $43,000 for 2 years, and only AFTER ALL THAT will he end up making really good money. So they should still pay for their training???????
"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster