BoraBora007, before slating the merits and disadvantages of this scheme. Perhaps you should do a cost analysis to compare other ab initio Flight Training Organisations.
Once you have compared the costs you will see the 60 K bond is nothing compared to the actual cost of the training supplied including interest.
The 60 k does not directly cover the costs of the entire training process supplied by CTC and would barely cover the minimal requirements ab initio.
CTC will find no shortage of people willing to take up this offer as it is an excellent opportunity under the previous and current terms.
How can you blame easyJet for not paying 5k? When only the smallest number of airlines even attempt to offer Sponsorship.
Maybe time to research the equivalent Sponsorships out there.
Or lack there off.
There is a new thread for this topic:
New - The CTC Wings Scheme