There are 2 Air Atlantique sponsorships.
One is a 50:50 scheme run by Atlantic Flight Training which you need a PPL to apply for. This is NOT used to provide Air Atlantique with pilots, but AFT do give you help to find a position elsewhere.
The other is a full sponsorship run by Air Atlantique (the training is done by AFT). For this you need 100 hours, though. At the end of this you are bonded to the airline for 5 years, flying the likes of DC-3s and Electras. There are worse fates,
TB