Thomas Cook recruiting
Joined: Oct 2004
Posts: 85
Likes: 0
From: Mars
So this stratergy that's being announced in August, the suggestion being that seat only flights are going to pushed, means TCX will be a low cost carrier that also sells holidays, as opposed to a holiday operation that also sells seats. Reminds me a little of northern operation that has expanded very quickly and profitably over the last few years. Going head to head with Jet2 then.
Be interesting to see what does get announced.
Be interesting to see what does get announced.
Joined: Jun 2004
Posts: 97
Likes: 0
From: uk
In essence, yes, that is supposedly the case with our seat costs being amongst the cheapest out there. However, there has been aknowledgement that we are not successful now (a bit stupid to say really as we are still targeting 320 million profit..) because our margins are too tight. This is due to us selling really cheap package holidays and not enough differentiated, high end products that make the margins.
I'm sure everyone who works there will join me in collectively crossing everything we have that we will start to target high end, high margin products and ditch those vile 2350z ZTH's.
I'm sure everyone who works there will join me in collectively crossing everything we have that we will start to target high end, high margin products and ditch those vile 2350z ZTH's.
Joined: Oct 2004
Posts: 85
Likes: 0
From: Mars
But isn't that what MYT were doing pre merger. 2 rotations, no deep nights, top of the OTP charts. There were still a fair smattering of tracksuit clad, hard drinking and swearing types in the check in queue, but thier crews seemed happy, not tired and the servicablity rates, we were lead to believe, were good.
It's going to be really unfair on the ex FLC FO's if redundancies occur and they are at the bottom of the seniority list though.
Worrying times for all concerned. Hope any pain is felt disproportionately in favour of any managemnt Tsars who haven't been worth thier bonuses to date.
It's going to be really unfair on the ex FLC FO's if redundancies occur and they are at the bottom of the seniority list though.
Worrying times for all concerned. Hope any pain is felt disproportionately in favour of any managemnt Tsars who haven't been worth thier bonuses to date.
Joined: Dec 2008
Posts: 919
Likes: 6
From: uk
The way the share price is today, we may be looking at more than lopping a few off the bottom of the seniority list!
These bloody pile it high sell it cheap merchants are the tourist industry equivalent of market hawkers, then when it all goes tits up, they will walk away with millions, just like the last bunch of shysters did at AIH and MYT.
Makes me sick!
These bloody pile it high sell it cheap merchants are the tourist industry equivalent of market hawkers, then when it all goes tits up, they will walk away with millions, just like the last bunch of shysters did at AIH and MYT.
Makes me sick!
Joined: Jun 2001
Posts: 628
Likes: 12
From: UK
screw fix, on the bonus side you need to go back to earlier this year when Manny explained away how the board were tweaking things in the directors favour. You and I have to take the rough with the smooth but it does not apply to the directors.
Indeed very worrying times. One wonders if the markets are starting to get jittery about potentially the group being unable to meet it's debt covenants.
recruitment is the last thing on their minds....
Indeed very worrying times. One wonders if the markets are starting to get jittery about potentially the group being unable to meet it's debt covenants.
recruitment is the last thing on their minds....
Joined: Apr 2007
Posts: 129
Likes: 0
From: UK
Macdo - you've changed your tune - less than a week ago you were telling people to form an orderly queue for the flight deck jobs that were going to appear in the new year.
It was pretty obvious from the fact that the fleet number was to be reduced that things weren't very rosy in the uk.... I wouldn't have posted this except I didn't particularly like your "I've been round the block a few times and therefore I know best" tone in a previous post. Somewhat condescending.
It was pretty obvious from the fact that the fleet number was to be reduced that things weren't very rosy in the uk.... I wouldn't have posted this except I didn't particularly like your "I've been round the block a few times and therefore I know best" tone in a previous post. Somewhat condescending.
Joined: Dec 2008
Posts: 919
Likes: 6
From: uk
FLAPERON Shame you didn't read my post 17 up before putting up your sarcasm.
As regards experience, in 13 years of service the airline, in one guise or another, has recruited in 10 of those years. The numbers always vary and I include all the different variety of sponsored cadets that we have had. I might be wrong in this, but I believe we had another sponsorship scheme running this year. Therefore, I would say it was not unreasonable to suppose or hope, for a limited recruitment drive this Winter. That is the norm.
Now, due to the state of the Tour Operator (not the airline, which is one of the tightest run operations anywhere) we have a new reality and things will be clearer on 11th. August.
The post I made a couple up was more a reaction of anger to the appalling mismanagement that we employees have to suffer, while we effectively take a cut in pay these b'stards are making millions...... off I go again. There is still no indication of the need for any redundancies this Winter. Especially with 60+ pilots on detachment.
As regards experience, in 13 years of service the airline, in one guise or another, has recruited in 10 of those years. The numbers always vary and I include all the different variety of sponsored cadets that we have had. I might be wrong in this, but I believe we had another sponsorship scheme running this year. Therefore, I would say it was not unreasonable to suppose or hope, for a limited recruitment drive this Winter. That is the norm.
Now, due to the state of the Tour Operator (not the airline, which is one of the tightest run operations anywhere) we have a new reality and things will be clearer on 11th. August.
The post I made a couple up was more a reaction of anger to the appalling mismanagement that we employees have to suffer, while we effectively take a cut in pay these b'stards are making millions...... off I go again. There is still no indication of the need for any redundancies this Winter. Especially with 60+ pilots on detachment.
Last edited by macdo; 15th July 2011 at 07:32.
Joined: Oct 2004
Posts: 85
Likes: 0
From: Mars
Just an observation of bonuses, which I agree is totally off thread now. I would have thought it 'normal' for the bonus to be that you kept your job if you did a good job and lost your job if you did a bad job.
Anyway the share price has gone up 1.25 today so TCX are in a better position this morning than last night so I guess all those executive types will give themselves a slap on the back. The only positive is that its forecast to rain on thier barbeques all weekend.
I hope next week brings better news and confidence.
Anyway the share price has gone up 1.25 today so TCX are in a better position this morning than last night so I guess all those executive types will give themselves a slap on the back. The only positive is that its forecast to rain on thier barbeques all weekend.
I hope next week brings better news and confidence.
Joined: Jun 2004
Posts: 97
Likes: 0
From: uk
'IF' a trickle of personnel go off to other Airlines, as is currently the case we will be under crewed. However, this will not require recruitment for that period. The issues will begin from next summer depending on the flavour of the announcement on 11th August. It is believed with the announcement fleets for 2012 and beyond with our new directive will be disclosed. Which ever way it goes expect some big movements!
For this winter we have:
2x A330's Hajj, 1 767 Hajj
20 A330 F/O's operating longhaul for TCX Scandi for 6 months
1 757 Las palmas based operating to Scandanavia
1 767 leased to Condor with flight deck for 18 months
1x 757 TBC Calgary based operating to Hawaii all winter
For this winter we have:
2x A330's Hajj, 1 767 Hajj
20 A330 F/O's operating longhaul for TCX Scandi for 6 months
1 757 Las palmas based operating to Scandanavia
1 767 leased to Condor with flight deck for 18 months
1x 757 TBC Calgary based operating to Hawaii all winter
Joined: Jun 2004
Posts: 97
Likes: 0
From: uk
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
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
Joined: Dec 2008
Posts: 919
Likes: 6
From: uk
Well, I shall eat humble pie tonight.
It seems that we are to lose around 250 of our colleagues in the shake up currently occurring at TCX.
72 pilots and 181 cabin crew to be in the consultation process.
As suspected, 3 x 330 to go 1 x 320.
76 on longterm lease to Condor and Scandi 330 not coming to us next summer.
The only consolation is that there are plenty of boys and girls already with offers to go to other airlines. I would hope that, at the final count, there will be no compulsory redundancies at all. I'm sure that is the aspiration that the management and the unions have.
So, no, in spite of my earlier good feelings for the futre, there really will be no recruitment at TC this winter. Sorry.
Good luck to all those effected.
It seems that we are to lose around 250 of our colleagues in the shake up currently occurring at TCX.
72 pilots and 181 cabin crew to be in the consultation process.
As suspected, 3 x 330 to go 1 x 320.
76 on longterm lease to Condor and Scandi 330 not coming to us next summer.
The only consolation is that there are plenty of boys and girls already with offers to go to other airlines. I would hope that, at the final count, there will be no compulsory redundancies at all. I'm sure that is the aspiration that the management and the unions have.
So, no, in spite of my earlier good feelings for the futre, there really will be no recruitment at TC this winter. Sorry.
Good luck to all those effected.
