Let's hope they don't find a training provider and the whole thing falls over, never thought Virgin would sink to the level of One*. Very disappointing Virgin!
QF have been running a cadetship for over ten years so it's hardly a Jetstar thing. However that has ended badly for those recruited in recent times who have paid $100 000+ for flying training and are now stuck on regional a FO salary with a reasonable amount of debt one would imagine.
Hopefully the Virgin one will provide a chance of career progression rather than being left out in the cold.