I think a bit of coffee smelling is required around here. Sure Easyjet has a good business model (that doesn't necessarily mean it's particulaly well run though) and yes it's stable in terms of job security at the minute but you will work bloody hard for the cash- harder an in more imaginative ways that Flybe and alike could even dream of. They disrespect union agreements and pretty much make the rules up as they go a lot of the time (yes standard for an airline these days but unpalatable nonetheless)
The real issue is going into the new Brady style Easyjet with your eyes open. The only way you will ever see the existing command contract will be on a museum wall unless the existing employees gear up for a significant showdown this summer. there is classic good cop/ bad cop strategy in place at the minute where McCall plays the
PR game eloquently and promises plenty while her sidekick is busy unravelling everything behind the scenes. By her own admission she would like to benchmark contracts with Wizzair.
Easyjet is no picnic but it may represent a good solution for some if you are willing to take the 2 year gamble.