No news yet but some very significant developments. Share price remains very depressed which, is crazy for a company aiming for £320 million profit, but that's the city!! The CEO MFN has resigned as we clearly have the wrong strategy. The airline seems to be on track to meet it's targets.
It is believed the Airline will be given more freedom to seek other revenue streams to increase profitability throughout the year. This will likely create an amount of expansion especially when the new fleet arrives. However, due to commitments with tour ops this will take time to establish and due to the current economic climate it appears further contraction is likely in the uk for the next2 years. This in turn means the company will look to offload PIlots, but I understand they have identified a number of opportunities that will attract PIlots for a short term period.
Obviously things can and probably will change. But as things stand recruitment at TCX is very very unlikely this winter