P2F schemes, no matter how well done, are a blight on the industry.
This is sad & bitter fact now... most airlines now use this system to cut costs and manage their attrition rate.. the big airlines dont need to do this as they can attract highly qualified talent and the right money
its the small startups and back door LCC who are desperate for cash are forced to resort this. Suck it up and live with it.
BTW I have nothing to with ESJ