Sir,
I am a part of a Batch in our National Airline for Engineering Graduates to join as Pilots.To be eligible to join i spent 25 lacs to get a Pilot licence from the flying school the Company alloted. Then, I joined on 27 Apr 2010 with the training period of approx. 1 year(Mentioned in the agreement) after which i start flying passenger aircrafts. For this i executed a Bond of 25 Lacs for a period of 7 years FROM THE DATE I GET RELEASED TO FLY PASSENGER AIRCRAFTS, for the cost company incurs in training you for flying those Passenger Jets.
Problem is, that 2 years have already passed and i am still on training. Due to downturn in aviation, the training has been very sluggish and frustrating. Now being an engineer i want to apply for other jobs in other sectors, Central/ State Govt Jobs.i am already 27 yrs old, and dont want to weaste my time here, and lose the eligibility age for areas. My quesries are as follows :-
1. Will this bond be transferable if i switch over to a technical central govt job?
2. How can i be released from the bond and get the NOC issued without paying for it. They have already exceeded their Bond statement of training period of 1 yr when its already 2 years passed. What should i do?
Please Help.
Thanks.
