ATPL v CPL privileges
Can you good folks help on these questions... while most it would seem would go for the full ATPL over a CPL ...
1) what does the ATPL get one that a CPL (with IR) does not - is it just the ability to be captain rather than co-pilot of a multi crew a/c ?
2) Supposing the sights were set lower, maybe through realistic view of ones starting age, and only envisaged being a co-pilot or for instance flying single PIC turboprop - apart from potential employability at job interview is there any actual disadvantage to doing the CPL/IR only.
3) If you have the fATPL but never get to 500 hrs multi crew time does any part of the qualification lapse ?
Had a slightly fruitless look in LASORS and just trying to think through some scenarios,glad for any thoughts