yes, i do believe the bond is around that time. 8 years, if im not mistaken. And, apparently, there are no expat benefits for foreign applicants either. its long haul flights, mostly.
progression is something like: S.O., Jr. F.O., F.O., Snr F.O.,Captain..
follow this link, it might be of use:
Cathay Pacific - Careers : Careers Home
thats a long progression path too
not sure about any other bond criteria, such as property back up or a guarantor..all the best to those waiting for responses!im one of them too