Hi There,
Just to shed some light on Cebu Pacific's cadet programme, do take note, a LCC will not fund your initial training at any point, its always self sponsored, most airlines require you to pay upfront, and then once you finish, they dont tie you down with a bond, neither would they tie you down with mutiple loans, your free to leave, whenever you want to.
However, in 5J's Policy, they are willing to fund your training(do note FTA has high training standards which come at a premium), which will enable you to graduate with the top skills and competency as a pilot. Of course i agree that maybe their bond of 10 years, yeah its too long, but in other words, the company is protecting their own investments from being picked up, remember in LCC's like Airasia, Cebu Pacific, getting 1500hrs in 2 years is a possibility and thereafter jumping company is always a high risk factor for the airline.