A couple of company's from the old Atlantic group still run fugly schemes.
yes yes I know you don't get to fly anything shiny. But I have never heard of a ex-fug struggle to find employment and progress up the ladder if they so wish. There are more than a few of them who go up and then come back down again back to the
pilot jobs mainly because they were bored
and not using most of their hard earned piloting skill set.
But the fugly scheme isn't for everyone. Its an extremely hard way of doing things and you require an exceptional level of innate pilot ability and capacity, an extremely thick skin, and a work ethic which seems to be very rare in youngsters these days.