Is this a sign for the end of the world?....here

Tuesday, 21 May 2013

Excess pilots: SIA waives cadets' bonds


SINGAPORE Airlines, which has too many pilots amid abusiness 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.

About a third who have completed their flying training are now doing ground work, The Straits Times found out.....read more

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