Pros
Work-life balance is second to none in the UK; flexitime, flex days, leave your work at the door. Probably the best 'damper' into the working world after university due to training, support, friendly coworkers, laid back approach. 100+ graduates taken in last year so you're surrounded by smart, like-minded, enthusiastic, young people. Rotational placements are possible. Salary is competitive for the first few years of your career. Company bonus scheme, perks in nearby leisure park. Location (Stevenage) is close to London without needing to live in the city.
Cons
Unbelievably slow; don't expect to be handed a massive workload to immerse yourself in and grow. You will grow and learn at a pace dictated by the company. Very cyclical workload, projects last half a decade and depending on when you join the company, you could completely miss certain phases of the projects. Very old colleagues in certain areas who may need to be 'coached' into helping you/giving you work. Everything is reliability focused (which isn't really airbus' fault) which makes everything slow and cumbersome, don't expect to innovate anything.