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Old 27th Jan 2008, 10:49
  #75 (permalink)  
Shannon volmet
 
Join Date: Nov 2003
Location: Cambridge, UK.
Posts: 50
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Thanks for that Twitcher. I have to agree with you, I did wonder at the wisdom of putting all our eggs in one basket so to speak as Tom did with DAS.

I was one of the lucky (?) ones who dodged the axe this time, but I have to say the picture regarding our future is looking pretty bleak at the moment. A lot of the guys are looking to get out anyway and look for something a bit more secure, but with the looming recession I don't think there's much hope of that. The atmosphere in the hangars at TMW is really bad at the moment - we're still reeling from the shock of it all I suppose.

One good piece of news this week is that we have secured a new contract with a major US airline, but I think we probably won't see any actual money from them untill the middle of May when they should have taken delivery of their first overhaulled engine from us. Here's hoping it all goes well.

The aviation business is a harsh and unforgiving mistress, and always has been I suppose.
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