Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
Thinking about going back >

Thinking about going back

Search

Notices
Regional Regional Airlines

Thinking about going back

Thread Tools
 
Search this Thread
 
Old 05-10-2015, 01:23 PM
  #1  
New Hire
Thread Starter
 
Joined APC: May 2015
Posts: 1
Default Thinking about going back

Left colgan air in 2006 had to deal with divorce and settle my parents estate. Been nine years sitting on the side lines through the worst economic downturn since the great depression. My background be-1900 captain Business express 1995 colgan air 1998 Sf340 captain colgan air 2000.
11509 tt bunch of pic in both aircraft. Been thinking of selling my home to finance training , maybe I could get 10 years at a major air carrier. I am just worried about the risk. Miss flying a bit. Please ask to guide me. Home is all paid for.
speedbird213 is offline  
Old 05-10-2015, 01:30 PM
  #2  
Gets Weekends Off
 
thump's Avatar
 
Joined APC: Jul 2008
Position: ERJ-170 CA
Posts: 312
Default

Originally Posted by FaceBiter
Why would you need to sell your home to pay for training?
Judging by the years he was active, looks like he joined the industry back when you paid for training. Wait until he finds out they are offering signing/retention bonuses of up to $20k AND they pay for your training!
thump is offline  
Old 05-10-2015, 02:01 PM
  #3  
Line Holder
 
Joined APC: Sep 2012
Posts: 56
Default

In order to get hired at Legacy, ACMI, or Major you would most likely need to get some proficiency. You can get hired at a regional (they offer a signing bonus now) and than start applying to the Airline that you want to work at. I would pick an airline where you don't have to commute (if that is an option).
xjtpilot is offline  
Old 05-10-2015, 02:54 PM
  #4  
Gets Weekends Off
 
Joined APC: Dec 2013
Posts: 1,602
Default

Don't come back
NovemberBravo is offline  
Old 05-10-2015, 03:09 PM
  #5  
Gets Weekends Off
 
Joined APC: Jun 2009
Posts: 1,097
Default

Run far, far, far away.
TillerEnvy is offline  
Old 05-10-2015, 03:38 PM
  #6  
Gets Weekends Off
 
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Default

Originally Posted by speedbird213

Home is all paid for.

Been thinking of selling my home to finance training.
I can't tell you what you should do, but I can easily tell you what not to do in your case.

Never finance a depreciating asset.

Whatever you do, do not sell your home to finance anything, unless there is so much equity sitting in it you can:

1) pay cash for another home you KNOW you will like/enjoy (read: no note/mortgage)

and THEN

2) purchase what you want (in your case, flight training) in cash (never, EVER finance anything except a home)

3) DO NOT PERFORM THE ABOVE IN REVERSE ORDER unless you have truly excellent financial discipline. (reread that)
SayAlt is offline  
Old 05-10-2015, 04:04 PM
  #7  
Gets Weekends Off
 
Joined APC: Sep 2014
Position: fifi whisperer
Posts: 1,255
Default

If it were me.......

1) get hired at any regional (you won't have a problem getting hired) get 500-1000hrs of time to be current.

2) apply to an LCC/ major.

Hope this helps.

FYI..... B6 requires a minimum of 300hrs in the last year. We also have hired many folks in your same position. Just get current at a regional and start shooting applications out.
seekingblue is offline  
Old 05-10-2015, 04:22 PM
  #8  
Gets Weekends Off
 
billyho's Avatar
 
Joined APC: Sep 2013
Posts: 2,450
Default

Originally Posted by seekingblue
If it were me.......

1) get hired at any regional (you won't have a problem getting hired) get 500-1000hrs of time to be current.

2) apply to an LCC/ major.

Hope this helps.

FYI..... B6 requires a minimum of 300hrs in the last year. We also have hired many folks in your same position. Just get current at a regional and start shooting applications out.
Yep! Flew with a FO at PDT that got current and JetBlue Hired him.
billyho is offline  
Old 05-10-2015, 05:51 PM
  #9  
Banned
 
Joined APC: Jan 2015
Posts: 988
Default

Stay away until the regionals start offering $20K/year more than their current payscales or pay for training. Actually both.
404yxl is offline  
Old 05-10-2015, 05:54 PM
  #10  
China Visa Applicant
 
Joined APC: Oct 2006
Position: Midfield downwind
Posts: 1,928
Default

Originally Posted by seekingblue
1) get hired at any regional (you won't have a problem getting hired) get 500-1000hrs of time to be current.
Given that he all ready was previously a 121 Captain, my bet is that he finishes training, starts getting interview calls from majors within 2-6 months of being on the line, and is gone to greener pastures (e.g. a job at a legacy) within a year of starting back at a regional.

As you said, jB requires the 300-hour lookback, SWA requires 2 years of active flying in the previous 5 years, but pretty much none of the others have codified lookback/recency requirements.

If a "quick upgrade" regional like PSA or Compass is convenient to where you live, that could help you if you don't yet have the golden-1000-hours, as well as soften the financial burden for that time, too.
Hacker15e is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
jknightcfi
Pilot Health
16
12-29-2011 03:19 AM
Badgeman
Aviation Law
10
05-11-2009 06:45 PM
Commando
Cargo
30
03-06-2009 11:55 AM
SongMan
Flight Schools and Training
8
11-28-2008 12:32 PM
Pilotpip
Military
8
10-28-2008 09:34 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices