When the overcapacity tsunami hits it may well be easyJets options to DECREASE fleet size that assures its position of a stable profit making dividend paying airline.
Once you are past 200 aircraft the economy of scale tails off. History is littered with bankrupt airlines that over expanded and then couldn't survive whatever crisis hit the industry shortly afterwards. And lets be in no doubt that there is always an unexpected crisis around the corner in this industry.
The Norwegians and the Irish can take the role of the Germans and the Russians in WW2 whilst easyJet stays British...