Plane Station CX goes missing!

[Buster the Bear]

The owners of Manston, Black Forest Lahr, Melbourne Florida etc, were left shocked this week as according to a very reliable source, their CX left!

Is this true?

Any EU Jet ramifications especially as Mike Cargo have already left for Filton?

Anyone booked an EU Jet flight from Manston lately?

Maybe Now are destined for Kent?

[eagerbeaver]

are you talking in code?

NOW off to Manston? i cant see that, it's a helluva risk considering they need external investment and they did their sums based on Luton. It would require a complete relocation and finding staff that live near Manston i.e 1 hour would be difficult, Manston is on the end of Kent miles from anywhere as we all know.
I would stay at Luton if i was calling the shots.

AS for EUjet i am not suprised if they back out of their original plan.

[Harrier46]

Oliver Iny, chief exec at Planestation was given the boot on 8th March, having lost the confidence of the board and major shareholders. Info from LSE announcement.
Regarding NOW, why not just change the name to LATER and forget about them?

[noise abatement]

When did "Mike Cargo"leave MSE for Filton?
Could you be refering to the maintenance base set up on a 5 year contract because hangarage was not available at MSE.
The other point is Mr Iny has been relieved(being polite!) of his post ,as it appears from reading various articles due to lack of confidence by the main shareholders,The Pru.
Perhaps the new chairman will be in a position to move the company onwards & upwards.The only way this may affect EU Jet operations will be positive.

[Buster the Bear]

PlaneStation, the airport and property group which owns Kent Manston Airport, has named Martin May its new chief executive officer.

May is a founder member and Fellow of the Society of Turnaround Practitioners. John Darlington, who spent four months last year as MyTravel's interim finance director before taking on the role of 'restructuring officer' with the tour operator, is a director of the STP.

May is a replacement for Oliver Iny who left last week with immediate effect. PlaneStation told the City the move was 'as a result of a loss of confidence by the board and amongst major institutional shareholders'. Reports said Prudential, which owns 14% of PlaneStation, led the revolt.

At the end of February PlaneStation announced that EUJet had signed up to use Manston as the hub for a no-frills operation launching this June. EU Jet, headed by former chief executive of no-frills Irish airline Ryanair P J McGoldrick, has a target of 300,000K passengers in its first twelve months of operation, climbing to 2m by the end-June07.

While operational details about EU Jet's service will be announced next month, PlaneStation has reportedly 'secured flights to Italy, Croatia and Malta'. Local rag Thanet Times also claimed that tour operator Cosmos was planning three flights a week from Manston to Orlando Melbourne International airport in Florida.

May is described as 'a recognised corporate recovery specialist' by his new employees. He has been brought in initially on a short-term basis with a contract running to the end of the year.
His previous experience includes a one-year stint at construction firm McNicholas where he cut borrowings from £12m to £4m, closed non-core businesses and streamlined the business, bringing it back into the black.

http://whipsnade.co.uk/picturelibrary/jpeg150/br/brown_bear_120_wide.jpg

[Harrier46]

Hmmm...... looks like the new CEO is coming in just at the right time (i.e. at long last it looks as if MSE may at last be about to realise some of it's potential). No doubt his extensive (?) knowledge of airport management will stand him in good stead. But what about the other Planestation airports. Are they in any danger of becoming profitable?