I'm not questioning the solvency of the airline but rather the wisdom of backing ones self into corner at such expense. Normally when you purchase something more limited - a black & white TV licence, an iPad without 3g, a train ticket that gets you into London after 11am - it comes out cheaper. Not so, in this case.
Cost aside, the debt aside, the alternative employment limitations aside; you are also presumably dragging others into this wager? I assume you're not getting 100 large unsecured off a bank, so you have to get others to stand the collateral. If you lose your job (medicals, you
it up at work, oil price rises and airlines tank), you won't.. sorry,
can't, get another - does the debt get written off in this case? No, but your parents can wave goodbye to retirement unless they fancy sleeping in a park bench.
In three years you'll be on £50k. Ok, sure. Nobody's going to move the goalposts on you are they? They said they wouldn't, right? We've never seen that happen at Easy have we, WWW?
In 3 years you will not want to be there any longer. In 3 years, Easyjet will have gotten an almighty taste for self-subsidised labour and what exactly can you offer them at 50 grand that someone else three years down the line can offer them for a fraction of the price? Obviously Easyjet have a
huge incentive to keep you sweet and keep you there on 50 grand a year when they've got urchins banging on the door to sell their kidneys for a FO seat (yep, there's a dispensation for that, just like there's a roster dispensation for you guys).