From the outside, but as a pilot of 13 years and a current Captain:
This seems fair enough to me.
If you've got a FATPL, can't find a job, are in debt and prepared to wait.
It reminds me of the Air Atlantique "FUGLY" sponsorship deal slightly.
Stop moaning, go learn the ropes and enjoy your B737 course in 18 months.
But, then again, I guess 18 months is too long to wait for our 200 hour heroes of today. They'd rather pay today, get shafted tomorrow.
