Some further information has come to light and it now appears that these positions will indeed be for type rated pilots on a permanent contract rather than cadet entry pilots. The contract basis will be on what is known as PPY50 (Permanent Part Year) where successful applicants will work full time over the summer for 6 months and then 2 weeks on 2 weeks off the remainder of the year. Total salary will be 81% of full time salary. The option to convert to a full time contract is available on the 6th anniversary of joining if they wish, or earlier if they wish subject to availability of a position. Terms and conditions are the same as for a full time pilot.
My sincere apologies to those who were led to believe this would be for cadet entry pilots which was my original understanding. When/if cadets are recruited the terms will be as stated in previous posts.