Re: FIS Academy -- Need Help with the math
The FO program that FSI offers is a great opportunity if you want to go corporate. There were two routes to the program. When it was started there was a waiting list to instruct at the academy. If you interviewed to be an instructor and were accepted, you were placed on the 'waiting list' and were offered the opportunity to apply for the FO program. The other way to go to the FO program was to be hired as an instructor and finish your 800 hour contract, then go to one of the FSI centers. Since there is no waiting list at this time, people who are not chosen to be FSI instructors after the hiring process may be offered the chance to apply for the FO program.
If you go to one of the centers, you are paid $7hr during your initial training. Once this is complete after 2-4 weeks, depending on when you arrive at the sim center and how long the training last, you will get $14hr. You will probably end up with a SIC signoff after the training. It should be possible to work close to 40 hours a week, depending on where you go.
The deal is supposed to be that if you stay at the center for 1 yr, you will get a type rating if you are eligible (you must have a minimum of 1,000 hours total time). The 1 year is flexible depending on where you go. It is really up to the discretion of the Center Manager. If you go to one of the centers with less than 1,000 hours, you will not get a type rating. Some who have gone to the FO program with low time have instructed on the side and been able to build hours while others are kept busy enough that they really don't have time to fly much.
Several students with low time have been able to get jobs flying jets full time. Insurance seems to be the biggest problem. I know one guy who was picked up for over 100 hrs of contract flying in a Citation, but the company could not hire him full time due to insurance problems. It is a strange loophole where low time contract pilots can be used, but full timers may have to meet higher minimums. Either way, you will meet alot of people working at one of the centers, and it is a great opportunity to network.
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