Havent heard of TAM pilots coming over to fly for Air Luxor, but i know of a few ex- PGA Portugalia Airlines pilots that just started flying with them, plus they have some ex-sabena crews with them.
And yes the morale is not good at Air Luxor people think that its something and end up being something else, the pay is low but i think its like that accross Europe, Air Luxor schedule flying is limited to just 4 or 5 routes as for their charter side of things it varies.
Air Luxor only for someone who wants to build on some hours/experience