At the risk of going around in circles SF, I was in fact refering to the Traineeship with regard to the way QFLink management treat not only their existing staff, but even more reprehensively those that have little status and even less right of reply. Your assertion that the program has worked quite well, is as short sighted as management's thinking itself.
Beware of defending a program that may have offered a quick fix to one problem, only to completely miss the point of the bigger game. When recruiting for the majors recommences we will then see just what the ratio of F/O to Captain is with regard to the exodus. With the majority of F/O's now uncompetitive for progression to a jet job, QFLink will more than likely have less problems retaining them. They will however lose most of those experienced Captains essential for the mentoring and training roles.
We can speculate as what that will lead to!