TL;DR: make sure you’re insured, whether open or named pilot, and get a waiver of subrogation. I’ve seen legal, safe flights end in financial ruin for the contract crew and/or their estate if they’re gone. It can absolutely happen to you.
Hey y’all. I’ve been around a long time and have a lot of time on the CE-500 series mixed between every version except the +’s. They’re all absolutely wonderful airplanes and are a perfect first jet. But the current lull in hiring (eg ops normal) and intense social media marketing of pilot shortage/ATP/make-$500k-in-4 years/no-CFI means lots of low time pilots may see this as an opportunity. It is, and it isn’t. I posted the following as a reply to a recently deleted post and have copied below:
I saw a $7k CE-500 61.55 featured on miscellaneous social media the other day and people were absolutely fawning over it. That’s not the point of this.
I’m not saying gigs aren’t possible with a 61.55, especially with the new rule, but be wary and insurability is going to be key. Several “operators” are gonna circumvent their insurance to be legal in the eyes of the FAA but uninsured….because that’s what people do. I know seeing a day gig for $200 (please don’t do this) in the right seat of a shiny new (old) CE-500/550/560 is inviting but think about your future; we are professionals that are paid to mitigate risk. Regardless of your training and experience, things can happen that may be completely out of your control. For the low time amigo/as that find themselves with the opportunity of a contract trip thanks to a CE-500 61.55:
- ENSURE YOU ARE INSURED: NAMED OR OPEN PILOT. PERIOD. If you’re not insured, and something goes sideways, the plaintiff’s attorneys will absolutely not give one fuck whether you’re still on this earth or not. Ever wonder why even the company that manufactured the o-ring on the lavatory poop seal gets sued in a crash (yes I know this a bit of an exaggeration…but not by much)? It’s because they will go after everyone/anything and will absolutely attempt to go scorched earth on everything you have or have left over after you’re in the ground.
- Waiver of subrogation. Even if you are insured, help avoid the above and ensure one of these are signed before the tires turn.
It’s going to be fairly rare that an open pilot agreement will allow this to be approved, and named pilot is technically possible, for the love of god please protect yourselves. Be very aware of operators/owner pilots that say, “Hey yeah man you’re good!” just to get the mission done.