QF have a three year $30K bond for initial joiners. It's pro rata though so decreases year on year. No up front costs though!
The rest of IsDon's point is quite valid though.
(Just quietly I think that the QF bonded amount is unchanged for quite a while. I don't have access to EBAs prior to the 2013 determination but it has $30K as well. So it's unchanged from 2013- 2019).
True Keg, you are correct.
Doesn't change my point though. Why shackle yourself with a two/three year bond when Tiger might not even be here in two/three years?
If the airline were to fail within that period, would the administrators still chase you for your bond? You betcha!