Hopefully someone a little more dynamic and ambitious for the airline than Caroline has been. easyJet has been profitable (very important!), but has stagnated somewhat, particularly outside the UK. I think they have found themselves squeezed between Wizz at the low end in Eastern Europe, FR going slightly upmarket and BA fighting back from the top down. The "mid-market" area they had positioned themselves in seems to be a squeezed from all sides.
Excellent and succinct assessment brian_dromey