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Job Security Thoughts?

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Job Security Thoughts?

Old 27th Feb 2019, 21:16
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Job Security Thoughts?

With Thomas Cook up for sale and the holiday side not doing so well, are TC pilots at all worried or trying to leave? Iím not asking to scaremonger - I recently seen a job advert for pilots via their own Facebook page and wondering if itís worth looking at.

A friend of mine had a start date to work in one of their retail shops but he got told it wasnít going to happen anymore as thereís now a ban on recruiting new staff for all retail shops!
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Old 27th Feb 2019, 22:07
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Dozens resigning every day. Most jointing Avion Express and SmartLynx. All pilots in melt down.

Time to LHS will be less than 12 months at this rate.....
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Old 27th Feb 2019, 22:27
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Frying pan to fire, that's aviation for you!
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Old 28th Feb 2019, 01:03
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Join Date: May 2012
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Friendly low fares, you know it makes sense😁😁😁😁
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Old 28th Feb 2019, 07:00
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Originally Posted by Marcus Absent View Post
Friendly low fares, you know it makes sense😁😁😁😁
Not sure that it does, Marcus. I hope that Dart are not doing a Purple Bricks.
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Old 28th Feb 2019, 07:49
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If you're rated in the 737, there really is only one place to go, 400+ aircraft, launch customer for the Max 200.
If I was looking I would be off like a shot,.

I don't think the Silver/Red will do a purple bricks though, but they seem to be poking the wasps nest by moving into STN
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Old 28th Feb 2019, 08:11
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Originally Posted by geardown1 View Post
With Thomas Cook up for sale and the holiday side not doing so well, are TC pilots at all worried or trying to leave?
The airline is profitable though, pardon my ignorance when it comes to this stuff, but what is the actual threat to TCX apart from the parent company stripping them for parts.
Having been made redundant in October '17, and then again October '18, I don't plan to hit a home run and have it in October '19 too.
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Old 28th Feb 2019, 08:13
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Join Date: Oct 2018
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Originally Posted by TangoAlphad View Post
It pains me to say but I agree. If you can get a base at home it might be one of the best options to ride out the next big down turn...

I've got offers from both except the harp brigade are putting me in base straight away vs 'hopefully soon' in the silver lot. I'd really rather have avoided it but my own carrier (rudolph lot) aren't exactly on calm seas and my gut is telling me we aren't that far from a big shake up in Euro Aviation.. 18 months max I think!
What base is Jet2 offering at the moment? I am flying for Bluepanorama, a bit sick of it so I am looking at the UK. Thanks
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Old 28th Feb 2019, 08:41
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J2 heavily leveraged against low interest rates.

They've potentially got a classic perfect storm brewing : rapid expansion, debt laden and a limited customer base. The debt is managable so far,
but if those blue collar worker's stag parties, that they so heavily dependent on, start saving their pennies, it's anyones guess.

The big LoCo's will survive any impending downturn. The rest, only the leanist will survive.
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Old 28th Feb 2019, 09:22
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TCG without TCX becomes just another holiday package jockey in a very highly competitive bucket shop market. By selling TCX to generate funding to reduce their huge debt pile they're as good as "wallpapering the living room while the kitchen's burning down"
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Old 28th Feb 2019, 09:37
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Fly4more is spot on. If you are not near the top of a seniority list, the safest place has got to be Orange,Harp or Big. Personally, I'd go for Big to weather the storm. Sound financials and well diversified.
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Old 28th Feb 2019, 10:41
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Originally Posted by TangoAlphad View Post
Central England is what's on offer as far as I know but it changes fairly frequently I'm led to believe.
Thanks, so will you be going with the harp brigade or the silver-red?
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Old 28th Feb 2019, 10:50
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Originally Posted by PA28161 View Post
TCG without TCX becomes just another holiday package jockey in a very highly competitive bucket shop market. By selling TCX to generate funding to reduce their huge debt pile they're as good as "wallpapering the living room while the kitchen's burning down"
On the other end TCX without TCG becomes an airline like many, now without their main source of passengers, with an old and aging fleet, and far stronger and more aggressive competitors to fight with.
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Old 28th Feb 2019, 11:15
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Very true, but I think TCG/TCX is a good synergy and a great shame to split it up.
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Old 28th Feb 2019, 11:48
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Freight is a secure place - profitable and growing. DHK has been a haven for many years. A bunch of us joined in 2000-2002 from charters under threat of redundancy - i’m Ex TC in the guise of JMC. Since then we’ve picked up from all sorts of European airlines that have gone under, most recently a small crop from Monarch. Ironically, a number of pilots who left us in the past have suffered multiple redundancies some having had the horrible chain of silver jet, excel, Globespan.

Hope this helps
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Old 28th Feb 2019, 13:32
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Originally Posted by dirk85 View Post
On the other end TCX without TCG becomes an airline like many, now without their main source of passengers, with an old and aging fleet, and far stronger and more aggressive competitors to fight with.
Only half correct.
The deal TCG are aiming to do would include an agreement for supplying seats to the tour operator. Would give a potential owner around 40%-60% filled capacity guaranteed. Likewise TCG can't sell the airline without securing a seat supply, would be suicidal.
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Old 1st Mar 2019, 12:54
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But with the massive debt, is there a chance the whole TCG biting the dust?
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Old 1st Mar 2019, 13:54
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Originally Posted by cx1990 View Post
But with the massive debt, is there a chance the whole TCG biting the dust?
Would say itís highly unlikely.
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Old 1st Mar 2019, 13:59
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Originally Posted by 763 jock View Post
Dozens resigning every day. Most jointing Avion Express and SmartLynx. All pilots in melt down.

Time to LHS will be less than 12 months at this rate.....
Is this a wind up 763 Jock?
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Old 1st Mar 2019, 14:30
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Originally Posted by nowhereasfiled View Post


Would say itís highly unlikely.
Is it safe to say then if TCG do sale their airline section it would be with an some sort of agreement with the airline (buyer) to fill up the seats with their customers meaning the TCX crews will still be flying TCG customers just under different banner on the tail.
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