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Q: Should you sign a training contract?
A: Like everything in this industry and in life, this is largely dependent on a pilot's personal situation as well as the current hiring market.
The best thing we can tell you to do is to read the fine print and understand how this can affect you moving forward. Understand that the pilot hiring market is rapidly slowing down but can also reverse course extremely quickly. We have recently seen retention contracts hinder a pilot's ability to leave their current regional because they cannot afford to repay the bonus they received. The same thing can happen with a training contract.
The best question to ask yourself is, "If I signed the training contract today but mainline hiring restarted tomorrow, would I be comfortable staying for the duration of my training contract? If not, will I be able to repay the lump sum?"
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