Has TOM stagnated a little of late? Seem to stick with same-old with nothing particularly new and no significant expansion (not sure what the seat count for fleet will be comparing 763's vs 787 and 757's vs 738 fleets)
Suppose theve stuck to volatile charter markets which despite low fuel costs will have seen downturns. Although not a perfect model perhaps they should look to long haul TCX model for some development. Will be interesting to see what closer TUI collaboration brings.