Training bond looks to be for non type rated guys.
I am type rated,current,have valid PPC and line check,still need to sign bond?
They will require a "training contract" or whatever they decide to call it this week. In essence it's just a way to keep you working there once you figure out how screwed up the place is. They will have you give them 36 signed and predated checks (amount of contract divided by 36) and as long as you work, each year they will destroy 12 checks. Decide to leave and they will cash the remaining checks.
Unless you like ridiculous schedules, less than 8 days off a month, living and working in Manila where a 5Km commute could take 2+ hours each way, locals who hate the fact you work there and management with IQ's lower than their shoe size, I would suggest looking elsewhere.
Go there and you'll find out why so many expats (and locals) have fled.