The Foss
I have the APC bond contract in front of me, I would have accepted it if not for getting a job on a legacy carrier at my home town.
Nothing is deducted from your pay as you are suggesting. The bond is effectively for 6 years and the longer you stay the less you have to pay to Ryanair if you quit. After 6 years you pay nothing. There is also a clause and a few hints and provisions to indicate, that they are actually expecting you to take a command upgrade and become an employee of Ryanair after 4 years, in which case your ltd is liquidated and you owe nothing to nobody. It is a good deal, especially if you're young and don't have anything to tie you down to a specific place