Mr Angry...
"And you forgot to mention that a lot of folk won't jump because of the nice pension at 55???."
Joiners over the last 2 years are not on a nice pension as you put it. They are on a defined contribution scheme into which they have to contribute 8% in order to get 8% from the company. It's the worst pension I have found amongst major UK airlines - I believe it is even marginally worse than Easy.
Also Easy Captains start on 10k more than Monarch's now - so if you are going to be doing SH on the A320 series why not do it for 10k more with a more stable roster and less 18-30 rest periods? Sounds tempting to me....