Lots of very bitter people on here.. If BA want to recruit for a FPP instead of selecting from graduates already with an fATPl, sorry, but that's their choice!!
For all those wondering, if you come close to minimum requirements, it's worth applying. Worse that can happen is you get a 'no' - which considering the amount of applications expected compared to the number of places available is the most likely scenario. But by some chance your application might shine and you could end up at the assessment stage. As far as I'm aware, applicatons will be screened be people, not computers!
Good Luck to all. This is by far the best scheme in years!
Make sure you really put everything you have into your application. Use spell checker and get someone else to read through it for grammatical errors! You are applying for the career of a lifetime- give it everything you have and the rewards will be huge!