richard111
All expat contracts clearly state that the company can give three months notice to the Employee if their services are no longer required regardless of how long the contract on paper has to run.
When that happens then I have no doubt SQ cancelled the outstanding bond and returned the bank guarantee money.
Pilots joining need to be aware that 3/5 year contracts are not worth the paper they are written on if there is a downturn in aviation. That applies to the Gulf Airlines as well. Just because it does not happen very often gives perhaps a false sense of security.
Even in the UK where one is on a permanent contract it does not stop one being made redundant when there is a downturn.