Well, it's got plenty of company, including First World ... Ryanair, about which I've heard little good, except of course the price (no at fault accidents, but they're cutting it fine with fuel).
I'll let you know on Monday - I'm flying with them for the first time, BRS-DUB.
I live in Australia and people like to complain about the low-cost airlines there but, really, until you've travelled on Europe's low-cost carriers you haven't seen anything.
http://www.airlinequality.com/ratings/2-star-airline-ratings...
The only one-star is, unsurprisingly, North Korea's airline.