Thomson is doing rather well financially. Check wiki for the full Thomson lowdown.
From a pilot POV its really a pretty good airline to work for. Yes we all moan like everywhere but at the end of the day we are well paid and well lokked after.
We recently voted in a major change in our terms and conditions both for current pilots and new hires.
Since the merger with First choice things have gone downhill quite a lot but we still offer a 15% DC pension scheme to new hires and a starting salary of £55,435. (£60,765 after 5 years).
Thats one of the best in the industry imo. On top of that you get £3.50 per hour on duty plus around £8.50 ph chock to chock. Plus £450 a day overtime.
First Officer scale paid once 1500 hours and 500 jet hours achieved (on a similar aircraft type).
Cadet salary reduced by £2,400 / month for duration of contract.
Permanent First and Second Officers will have salary reduced by £7,000 / annum for first 3 years of employment if type rating required. (Alternatively these pilots may elect to pay £2,400 / month for first 8 months as per cadet scheme.)
First Officer and Second Officer salary reduced by £7,000 / annum for first year of employment if type rating not required.
As a pilot workforce our CC worked with the company to give a big 2 fingers to CTC. We want our pilots to earn the money not CTC. As such we started our one cadet scheme for low hour pilots. I dont have the deatils of that to hand right now but im sure someone we port it.
As a side line all current pilots have been offered career breaks and I could not see anywhere else to go that is better so stayed put. As a 10 year F/O last year earned in excess £90,000 including some minor overtime.