If Questor in the Telegraph is correct, TCX plans to downsize capacity and fleet by 25% over the next few years
Questor didn't say TCX, it said Thomas Cook, which is much bigger that just the UK operation: it also said aircraft, not capacity. It is highly likely that the journo was being given a pre-results-release briefing (probably in a noisy bar) and misunderstood aspiration for plan. The idea, which has been around for a long time, is to establish for winter level operations and charter in for summer capacity. They have never made it work in the past (apart from Airworld who returned the leased aircraft at the end of the season).