WWW, i would agree should the scheme place you as a fully fledged FO in EZY. But that simply is not the case. You are a contractor owned by parc(OAA) on loan to Easy. Should EZY offer you a full time contract in 3 years, great. But if not what next? With any luck you will be on £50,000 a year in 3 years time, with 1500 hours, an LST and a full ATPL. There never have been guarantees in life, sure. But over 100 grand to be a contactor holding an MPL? At Flybe you are fully 'owned' by Flybe, on a 5 year bond due to the training loan. Thats 5 years the company are gonna hang on to you so as not to loose their inverstment. Ok if the poop hit the fan and redundancies occur, you still are in the chopping line, but at least you are on the seniority list and getting the 'perks' of full time employment, pension, LOL, staff travel, medicals etc etc. It is far easier to scrap contractors then full time staff. Flybe should know, they have used plenty of them in the past on the 145 and 146 fleets.
As always, you pays your money..............you takes your choice