Good stuff
This is the sort of thing all the airlines should have been doing, and hopefully this will be the way of the future.
The huge confidence trick that flying training was should never have happened. There was a huge pool of new CPL holders scavenging for any flying work they could get at any price, and this has done enormous damage. No-one believes the hype any more.
If the airlines want newbies to commit lots of money and time, then they should make some sort of commitment themselves, and give some credibility to the process.
Teamwork is what it is about. It works.