Hi pilotpj
There’s only one £60K bond, not 2. Therefore you don’t pay anything for your training.
I’m pretty sure that the bond repayment is in addition rather than out of your salary, Captain Calm, and it’s not taxable as its just returning your money.
I guess the issue you are referring to is that cadets earn less than DEPs. However, that was discussed at the presentation I went to; all airlines pay roughly the going rate for different recruits, so DE Captains earn more than DEP SFOs, who earn more than DEP FOs, who earn more than cadets. So, comparing a cadet starting salary with a DEP starting salary is not a valid comparison. I’m not an expert on salary levels, but it seems to me that the JMC and easyJet cadet starting salaries are pretty much in-line with other airlines (e.g. BA), so the bond repayment is genuinely in addition to your salary.
As you said, it’s a bit different, so easy to be sceptical of, but upon close examination seems to be a pretty good deal
