Rising oil prices, BREXIT, an old fleet in desperate need of renewal, a big financial crisis supposedly about to happen, business barely profitable in a time when everybody is making huge money... The situation indeed is everything but great for Thomas Cook UK.
Plus easyJet seems to want to enter the holiday market more aggressively with the new CEO (ex TUI). Interesting times ahead.
I would for sure at least start looking at my options if I was a pilot there, even though I for sure hope that everything will turn for the best for them. Seems like a very decent place to work.