I would agree with most of what Bealzebub says regarding it being generally a good company to work for and good people. However T's and C's for new joiners fall behind comparable companies - Thomsonfly, First Choice, Thomas Cook etc. And IMHO there is considerable movement in terms of relatively new people leaving.
The pension now is very poor. You contribute 8% to generate a company maximum contribution of 8% and it is a direct contribution scheme. Compare with a final salary scheme available after 5 years at Thomsonfly or between 3.5 and 5% contribution at First Choice to generate a 15% Company contribution.
Also there is a salary cap for new joiners. It occurs after 10 years as an F/O at a level about £9000pa less than people on the old scheme. Hopefully you won't spend 10 years as an FO, but for Captains it also occurs at year 10 and knocks between £7000 and £8000pa off your final salary compared with the old scheme.
As a company and job I would recommend it, but go in with your eyes open. Long term there is a salary cap and poor pension to consider. If you are relatively young it is a great place to get a good type and move on after 3 years experience. By then things may have changed for the better or you might be content with your lot.
Check your PM's for a bit more....