the airline is based in coventry, they fly a wide range of aircraft ranging from a few ATP's to a few Electra's. not quite sure what else. i also heard that they are taking delivery of their first 737 in the next few weeks. the scheme is a bonded one wherby my understanding is that they take a bond out in your name and when training is completed and upon entering service, you pay the money back over 5 years. little financial risk as far as i can see as everything is arranged for you.
you work for the airline for a certain period, working in ops, the engineering dept, sweeping floors, driving pilots about etc. they pay you a basic wage and provide accomodation foc in coventry. after you have worked for them for awhile, you move up to leeds and train at multiflight for the cpl/ir, mcc and atpl.
the flying is all done by hand as most of the aircraft do not have sophisticated auto pilot systems, which obviously turns you into a better pilot. the flying jobs range from normal transport duties to spraying oil slick dispersant over oil spills in the sea at 50ft asl!
the guy i spoke to was 21 and already a first officer on the electra. it was this that gave me the kick up the a*se, it made me think, what the hell have i been doing for the last 5 years!
entry requirments are the normal educational stuff, a class 1 medical, full driving license and a ppl. the scheme seems to be more about the person than the hours you have in your logbook. have a look at
www.multiflight.co.uk (i think!) and have a hunt around the site, the atlantic airlines info is on their somewhere!