Adios: Sounds exactly like the guy I know. A couple of days after CTC advised him that he was starting the AQC course, he was phoned by a another company and turned it down. Now he's floating in the pool and waiting.
They will get a job eventually, CTC have always managed to place cadets on both the ATP and Wings schemes. However, it might well be a long wait. Nov-Dec time would hopefully stack very nicely with the much rumoured easyJet expansion next year too.
I know of a few other guys though who went through the CTC scheme and have got jobs with various companies, including DHL. I have no idea how big the holding pool is right now though - quite a few guys who were waiting for AQC start dates got jobs elsewhere.