CARDIFF - 2
Join Date: Apr 2013
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What's happening with the attempt to secure a Gulf/Middle East carrier ?
Can see on the BRS thread that Qatar Airways have said they are interested in serving the west of England...of course that doesn't mean BRS but could also include CWL, surely the Assembly Government have got some pressure to secure should this be true.
I know it's been discussed loads before (imagine there be some sarky comments to follow) but this is what CWL needs to do before its snatched up by BRS.
Can see on the BRS thread that Qatar Airways have said they are interested in serving the west of England...of course that doesn't mean BRS but could also include CWL, surely the Assembly Government have got some pressure to secure should this be true.
I know it's been discussed loads before (imagine there be some sarky comments to follow) but this is what CWL needs to do before its snatched up by BRS.
Join Date: Jan 2006
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Yes, CWL will probably receive another 'business loan' that doesn't have to be paid back for a 'bizillion' years from the Welsh government and by then they will have figured out how to screw that repayment from the British taxpayer
Last edited by crackling jet; 21st Nov 2015 at 08:44.
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My apologies Supermarine, now just like your road signs is that better.
Bydd, bydd CWL yn ôl pob tebyg yn cael un arall 'benthyciad busnes' nad oes rhaid ei ad-dalu am flynyddoedd 'bazillion' gan lywodraeth Cymru ac erbyn hynny byddant wedi cyfrifedig gwybod sut i sgriw bod ad-daliad gan y trethdalwr Prydeinig
Yes, CWL will probably receive another 'business loan' that doesn't have to be paid back for a 'bizillion' years from the Welsh government and by then they will have figured out how to screw that repayment from the British taxpayer
Bydd, bydd CWL yn ôl pob tebyg yn cael un arall 'benthyciad busnes' nad oes rhaid ei ad-dalu am flynyddoedd 'bazillion' gan lywodraeth Cymru ac erbyn hynny byddant wedi cyfrifedig gwybod sut i sgriw bod ad-daliad gan y trethdalwr Prydeinig
Yes, CWL will probably receive another 'business loan' that doesn't have to be paid back for a 'bizillion' years from the Welsh government and by then they will have figured out how to screw that repayment from the British taxpayer
Join Date: Nov 2005
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I doubt it. The plan is to sell it back to the private sector. What the Government are doing is not only investing in the Airport, but investing in Wales and inbound tourism and business, albeit at a small scale at the moment, but you can't expect huge changes to happen quickly.
When/If CWL does get sold back to the private sector, then surely the loans would still need repaying in a timely manner?
In the state that CWL was in no-one was willing to invest. Things have massively improved in terms of terminal appearance and routes/airlines are improving as well.
When/If CWL does get sold back to the private sector, then surely the loans would still need repaying in a timely manner?
In the state that CWL was in no-one was willing to invest. Things have massively improved in terms of terminal appearance and routes/airlines are improving as well.
When/If CWL does get sold back to the private sector, then surely the loans would still need repaying in a timely manner?
Join Date: Feb 2005
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This is true they do need to be careful as do quite a few other airports who write their taxes off and claim they're not making profits. Don't know what is worse 'illegal' state aid or fraudulent tax evasion.
Brunel to Concorde
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I can’t think that any airport in this country has engaged in fraudulent tax evasion as you seem to be implying. The relevant authorities would take action but they don't seem to have done so which suggests no fraud or other illegality. I'm certainly not aware of any reported instances in the UK.
It was reported in the press that at least one airport in the private sector not a million miles from CWL avoided paying corporation tax in the past as it was able to use its operational profits to help to pay off loans to its shareholders.
Tax avoidance, as opposed to tax evasion, is not illegal although some might question its morality. Many organisations and individuals use the complexity of taxation laws to try to (legally) mitigate their taxation bills.
It's a safe bet to say that the Wales Assembly Government both as the government and as CWL's owners would have taken the best legal advice available to it before embarking on making the reported Ł13 million loan available for route development, and is confident that its actions are legal.
It was reported in the press that at least one airport in the private sector not a million miles from CWL avoided paying corporation tax in the past as it was able to use its operational profits to help to pay off loans to its shareholders.
Tax avoidance, as opposed to tax evasion, is not illegal although some might question its morality. Many organisations and individuals use the complexity of taxation laws to try to (legally) mitigate their taxation bills.
It's a safe bet to say that the Wales Assembly Government both as the government and as CWL's owners would have taken the best legal advice available to it before embarking on making the reported Ł13 million loan available for route development, and is confident that its actions are legal.
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Yes, but wasn't that the reason why all local goverment owned airports were sold off as PLC's so that they could stand on their own two feet and avoid state aid so they could develope to the correct level as and when with commercial standard loans.
You don't often see a UK airport going cap in hand to the government for a loan do you, as they would be told to go away and they don't seem to want to get involved with anything to do with devolution of APD in Scotland and Wales, theres no financial support for UK airports so as all are operating on a level playing field.
Surely if you have a loan then how could it be construde as a tax fiddle by paying it off by using operational profits, the profits after this undertaking would be the true operational profit as paying off a debt is part of the business and tax paid on whatever is left at the end.
By the way, i am not a business man !!
You don't often see a UK airport going cap in hand to the government for a loan do you, as they would be told to go away and they don't seem to want to get involved with anything to do with devolution of APD in Scotland and Wales, theres no financial support for UK airports so as all are operating on a level playing field.
Surely if you have a loan then how could it be construde as a tax fiddle by paying it off by using operational profits, the profits after this undertaking would be the true operational profit as paying off a debt is part of the business and tax paid on whatever is left at the end.
By the way, i am not a business man !!
Join Date: Dec 2011
Location: Middlesex (under the flightpath)
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Tax avoidance, as opposed to tax evasion, is not illegal although some might question its morality. Many organisations and individuals use the complexity of taxation laws to try to (legally) mitigate their taxation bills.
And if companies that trade in the UK don't pay UK corporation tax (e.g. head office in Dublin), levy a turnover tax and/or a windfall tax on UK profits.
Join Date: Apr 2013
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Isn't it about time CWL had a reality check......
Is there any sight of any new airline and destination ??? Just look at BRS.......
SAS
Wizz Air
WOW Air (new)
And the look at CWL, a weekly BE flight to VRN.
What exactly are the management doing ? I love flying out of CWL and will use wherever possible but I'm sorry BRS are getting everything all the time.......did CWL attempt to get the WOW flights ??
Even TCX and TOM have more destinations than via CWL.
It's about time CWL had some good news or it will end up as Rhoose Asda 😤😤😤
Is there any sight of any new airline and destination ??? Just look at BRS.......
SAS
Wizz Air
WOW Air (new)
And the look at CWL, a weekly BE flight to VRN.
What exactly are the management doing ? I love flying out of CWL and will use wherever possible but I'm sorry BRS are getting everything all the time.......did CWL attempt to get the WOW flights ??
Even TCX and TOM have more destinations than via CWL.
It's about time CWL had some good news or it will end up as Rhoose Asda 😤😤😤
Join Date: Nov 2005
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Some armchair CEO's really need to read their posts before clicking "submit"
Do you really think CWL management are sat back waiting for Airlines to knock on the door? Maybe the expert posters should be knocking at that door offering their expert advice, it doesn't seem the queue is too long!
BRS has the business community, BRS has the wealthier surroundings and a catchment area from the South Midlands right down to Lands End.
CWL simply doesn't have the power that BRS has, one major constraint is the Welsh economy. Nothing CWL can do about this. The Government need to answer your question, not the Airport. What's being done to improve the economy? Attract new industries? Attract inbound tourism?
Do you really think CWL management are sat back waiting for Airlines to knock on the door? Maybe the expert posters should be knocking at that door offering their expert advice, it doesn't seem the queue is too long!
BRS has the business community, BRS has the wealthier surroundings and a catchment area from the South Midlands right down to Lands End.
CWL simply doesn't have the power that BRS has, one major constraint is the Welsh economy. Nothing CWL can do about this. The Government need to answer your question, not the Airport. What's being done to improve the economy? Attract new industries? Attract inbound tourism?
Join Date: Jan 2007
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Cardiff as a city is changing and over the next few years there will be several Grade A officers being located in the heart of the city centre.
Only yesterday JR Smart has released plans for 3 Capital Quarter which will their third speculative office scheme.
This will be 75,000 sqft speculative development. JR Smart 2 Captal Quarted to be completed next Spring 85,000 sqft & 79,500 sqft.
Also the 150,000 sqft BBC Cymru Wales headquarters has also been given the go ahead which should be completed by 2019.
Knight Frank also recently said Cardiff is a city in demand and is attracting the attention of major occupiers, investors and developers, according to the 2015 Cardiff Office Market review from commercial property consultancy Knight Frank.
Cardiff is a young city however seems to be improving on a number of various polls. This is only a good thing and will mean that the higher number of highly paid jobs that are in Cardiff the more demand there will be for flights at Cardiff Airport.
Outlook for Cardiff City Centre is more positive which should improve the outlook of the airport.
Only yesterday JR Smart has released plans for 3 Capital Quarter which will their third speculative office scheme.
This will be 75,000 sqft speculative development. JR Smart 2 Captal Quarted to be completed next Spring 85,000 sqft & 79,500 sqft.
Also the 150,000 sqft BBC Cymru Wales headquarters has also been given the go ahead which should be completed by 2019.
Knight Frank also recently said Cardiff is a city in demand and is attracting the attention of major occupiers, investors and developers, according to the 2015 Cardiff Office Market review from commercial property consultancy Knight Frank.
Cardiff is a young city however seems to be improving on a number of various polls. This is only a good thing and will mean that the higher number of highly paid jobs that are in Cardiff the more demand there will be for flights at Cardiff Airport.
Outlook for Cardiff City Centre is more positive which should improve the outlook of the airport.
Join Date: Apr 2012
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VY's PMI extended service for March and April 2016 is finally on-sale, offering flights on Saturdays and Tuesdays before the usual schedule throughout the rest of the season before reverting to 2x weekly in October. A marked increase on previous years, next Summer will be the biggest VY presence at CWL yet !
Also since i'm already on the Vueling news, i believe they have carried their 300,000th passenger from CWL today. The nay-sayers were very doom and gloom when Vueling rocked up at Cardiff saying the service (originally BCN) wouldn't last a season. Look at them now !
Also since i'm already on the Vueling news, i believe they have carried their 300,000th passenger from CWL today. The nay-sayers were very doom and gloom when Vueling rocked up at Cardiff saying the service (originally BCN) wouldn't last a season. Look at them now !
Join Date: Jan 2007
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Indeed it will be the largest offering by Vueling since they commenced operations from Cardiff Airport in 2012.
Barcelona - Commence 25th March
Initially 3 x Weekly
Increases to 4 x Weekly in June
2 x weekly from 19th Sep
Returned to 3 x Weekly in October then ends.
Alicante - Year round
Initialy 2 x weekly
Increases to 3 x Weekly in March
Increases to 4 x Weekly in May
Returns to 3 x weekly in October
Malaga - Year round
Initially 2 x weekly
Increases to 3 x weekly in March
Increases to 4 x weekly in May
Returns to 3 x Weekly in October
Palma - Commences 19th March
Initially 2 x weekly
Increases to 3 x weekly in May
Returns to 2 x weekly in October
Barcelona - Commence 25th March
Initially 3 x Weekly
Increases to 4 x Weekly in June
2 x weekly from 19th Sep
Returned to 3 x Weekly in October then ends.
Alicante - Year round
Initialy 2 x weekly
Increases to 3 x Weekly in March
Increases to 4 x Weekly in May
Returns to 3 x weekly in October
Malaga - Year round
Initially 2 x weekly
Increases to 3 x weekly in March
Increases to 4 x weekly in May
Returns to 3 x Weekly in October
Palma - Commences 19th March
Initially 2 x weekly
Increases to 3 x weekly in May
Returns to 2 x weekly in October
Join Date: Jun 2015
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What exactly are the management doing ? BRS are getting everything all the time
As a city Cardiff has much going for it - I lived there very happily for several years - but as has been stated many times beyond the city itself South Wales is a poor catchment - compared to BRS catchment it is lacking in population density, relatively poor in terms of wealth and the population has a relatively low propensity to fly, add to this the airports relatively poor surface access.
Against this background the progress made since it managed to shed those idiots at Abertis should be regarded as very positive. The route structure that it sustains merely reflects the needs and aspirations of the catchment - a few key city links for the business and the more aspirational leisure communities plus core bucket and spade routes for the general populace. Airport catchments develop and evolve over decades not over just a few years.
did CWL attempt to get the WOW flights ??
Join Date: Jan 2007
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That's a very good post there
There are many reasons why Cardiff Airport should be optimistic as can be found in my previous post in this thread 1976
Vueling now has built a firm customer base and it's commitment to Cardiff Airport since 2012 has paid off. Thanks mainly to the airport putting a lot of time, effort and money building brand awareness.
With time Flybe should be able to do the same and I can see that the airport will be going to the same lengths to build brand awareness by changing the ITV Wales Weather sponsor. Recently also sponsored a Ospreys v Blues rugby match.
The management team at Cardiff Airport are doing a good job. They have built up their sales team which does a damn good job in promoting the airports routes to the travel trade and potential customers.
Of course there is room for imporvement however there is far more optimism now than a few years ago.
Itchin McCrevis
Vueling now has built a firm customer base and it's commitment to Cardiff Airport since 2012 has paid off. Thanks mainly to the airport putting a lot of time, effort and money building brand awareness.
With time Flybe should be able to do the same and I can see that the airport will be going to the same lengths to build brand awareness by changing the ITV Wales Weather sponsor. Recently also sponsored a Ospreys v Blues rugby match.
The management team at Cardiff Airport are doing a good job. They have built up their sales team which does a damn good job in promoting the airports routes to the travel trade and potential customers.
Of course there is room for imporvement however there is far more optimism now than a few years ago.