This particular FRI is available to Flt Lt pilots at their pension point (16/38). In other words, it is only available to those on the PA spine or considering accepting a PA offer. I seem to remember that opinion about this was canvased some time ago as PMA were accutely aware only 16%that PA spine offers were being accepted.
The timing of this FRI at least shows that they are thinking ahead and planning to control the exodus in 18 months / 2 years time. £80,000 is a fair old wedge, but is it worth 5 years seniority in an airline? Discuss....... ('cos I'm stuck!!)
