Originally Posted by
skyblue12
The training was good, we started on the line with far more Jet sim experience than someone with an fATPL, yes it does sort of limit you to multi-crew airline ops but thats what you signed up for so I don't see it as a huge disadvantage. We were lucky and got a tax free 'bond' added to our salary. We should save in the region of £30k over several years on income tax. The bond probably doesn't exist anymore and don't think it ever will again due to the large payment if MPL pilots are made redundant.
You mean they reduced your salary by X, labelled X a 'bond' and paid it to you under that title?
This meant you avoided taxes on a part of your salary. HMRC took a dim view of it.
That is the reason it is no longer offered.