If you've paid FR anything within the last year or more, you must already be feeling pretty stupid.
What is the real deal with that bond agreement everybody talks about but nobody has described.
It seems to me Ryanair is buying 5 years of your life with that new deal, and making you pay it dear.
Lets see both ways.
Up to now, a non rated Jar 25 captain would pay approx. 15000 £ to get the rating this was payed off in less than 3 month flying and then he could leave as he wanted for greener pastures.
New deal, if I am well informed : you don't have to pay anything upfront but:
a 5 year bond of 20 or 25000 £ which you have to repay on your salary every month for 5 years + if you leave at any time before completion of the five years= repay the whole training bond.
Whose got the better deal ???