I can only offer you logic...... CTC certainly aren't placing cadets at 12 a month. They placed 80 at the start of the year - a mixture of new and previously placed cadets. Given they are taking in excess of 150 cadets a year they are going to have a serious overflow. The product used to work because they only took 4-8 cadets a month. Bear in mind also that FlexiCrew cadets that have had a contract will be placed before new cadets are TR'd - or so I am told from reliable sources - can anyone confirm?
The contract is indeed running out in 2010, as to whether it'll be renewed I couldn't possibly comment.