Lol that part of it's history is true, although it's not true anymore, and Cobham is a non-discriminatory employee. Virgin had the same problem regarding age (as is well known), and were successfully sued. They don't discriminate anymore, either.
Brindabella, good luck. I enjoy working for Cobham. Like all airlines, it has its faults, but just enjoy the whole experience - it's the best thing I've ever done as a job, and a good company to work for, imho.
Also, as kjay said earlier, it's an important foothold into the aviation industry. Once you've done two or so years there, if you apply with other airlines you often get to skip the 'group interview' and progress straight to the panel interview.