easyJet is actually treating the cadets they have not been able to offer positions to after their line training pretty well. While they are indeed not currently able to hire them currently they are continuing to pay them the portion of their salary which is used to repay their bond (£1,000 a month) and have said that they will offer them positions again when things pick up after the winter. This to me doesn't sound like an airline just dumping cadets in able to take up a new batch of dirt cheap pilots.
That's with the proviso that
if they agree to this deal then all other contracts/deals with EZY & CTC are considered expired.
Translation: we think you would have a chance of winning if you took us/CTC to court for breach of contract, so we're hoping you're desperate enough to take a pathetic amount of money to go away and keep quiet instead of fighting. Oh and easyJet can cancel this deal at any time (like, for instance, the week after you sign it and before you get any cash).
How does it sound like they're treating people now?