Tuesday, May 21, 2013

Excess pilots: SIA waives cadets' bonds


Singapore Airlines, which has too many pilots amid a business downturn, does not expect the surplus to ease any time soon.

Cadet pilots have been told that until Sept 30, those who quit may have their bonds waived.

The usual payback for leaving before serving the seven-year work bond can be more than $250,000, pilots said.

There are 95 cadets currently in training, said SIA, which froze fresh recruitment early last year.


SOURCE

Not exactly very good times for the SIA cadets. For those who are languishing in the middle of the course, I guess it will be tough to give up now. Those who already attained at least a CPL, jumping over to Scoot or Tiger will be a good option.

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