PPRuNe Forums - Job Security Thoughts?

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geardown1

27th Feb 2019 21:16

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? I’m not asking to scaremonger - I recently seen a job advert for pilots via their own Facebook page and wondering if it’s worth looking at.

A friend of mine had a start date to work in one of their retail shops but he got told it wasn’t going to happen anymore as there’s now a ban on recruiting new staff for all retail shops!

763 jock

27th Feb 2019 22:07

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.....

macdo

27th Feb 2019 22:27

Frying pan to fire, that's aviation for you!

Marcus Absent

28th Feb 2019 01:03

Friendly low fares, you know it makes sense😁😁😁😁

macdo

28th Feb 2019 07:00

Quote:

Originally Posted by Marcus Absent (Post 10402470)

Friendly low fares, you know it makes sense😁😁😁😁

Not sure that it does, Marcus. I hope that Dart are not doing a Purple Bricks.

Antonio Montana

28th Feb 2019 07:49

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

USERNAME_

28th Feb 2019 08:11

Quote:

Originally Posted by geardown1 (Post 10402342)

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.

BoeingLudo737

28th Feb 2019 08:13

Quote:

Originally Posted by TangoAlphad (Post 10402660)

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

PA28161

28th Feb 2019 09:22

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"

macdo

28th Feb 2019 09:37

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.

BoeingLudo737

28th Feb 2019 10:41

Quote:

Originally Posted by TangoAlphad (Post 10402684)

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?

dirk85

28th Feb 2019 10:50

Quote:

Originally Posted by PA28161 (Post 10402750)

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.

PA28161

28th Feb 2019 11:15

Very true, but I think TCG/TCX is a good synergy and a great shame to split it up.

deltahotel

28th Feb 2019 11:48

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

macdo

28th Feb 2019 13:32

Quote:

Originally Posted by dirk85 (Post 10402826)

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.

cx1990

1st Mar 2019 12:54

But with the massive debt, is there a chance the whole TCG biting the dust?

nowhereasfiled

1st Mar 2019 13:54

Quote:

Originally Posted by cx1990 (Post 10403853)

But with the massive debt, is there a chance the whole TCG biting the dust?

Would say it’s highly unlikely.

Mr Angry from Purley

1st Mar 2019 13:59

Quote:

Originally Posted by 763 jock (Post 10402382)

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?

cx1990

1st Mar 2019 14:30

Quote:

Originally Posted by nowhereasfiled (Post 10403892)

Would say it’s 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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