Hi WhiskeyWhiskey; see this article from a few months ago;
http://www.simhq.com/air-combat/team...-mod-4-31.html
Down the bottom, under "What’s next for Team Fusion?" it states;
"Team Fusion has let slip that future directions include a true Mediterranean theatre map and landscape textures, new flyables (in the first instance AI aircraft made flyable, with their own cockpits, like the Wellington and Beaufighter), and new objects such as heavy naval cruisers, submarines, and aircraft carriers."
So yes, it would appear that they are working on new aircraft (and a new theatre), if that article is correct.