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Forum: Airlines, Airports & Routes

12th Feb 2015, 07:27

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Quote: "INARGUABLE - that is a new one for me...

Quote: "INARGUABLE - that is a new one for me Basil - explain please! Also I heard a Police Inspector on the TV the other day to find out the CAUSATION of the accident. Can someone speak proper...

Forum: Airlines, Airports & Routes

11th Feb 2015, 18:35

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

I don't think that Seljuk was drawing any...

I don't think that Seljuk was drawing any particular inference. It is inarguable that for a number of years Ryanair have grounded a fair number of planes during the winter, and that this winter they...

Forum: Airlines, Airports & Routes

22nd Jan 2014, 13:23

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Bagso You raise a lot of fair points and I...

Bagso

You raise a lot of fair points and I certainly agree that MAG faces a lot of challenges in earning an attractive return on its investment.

But MAG's strategy is pretty clear. They want...

Forum: Airlines, Airports & Routes

22nd Jan 2014, 07:37

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

My understanding is that last year's dividend was...

My understanding is that last year's dividend was £72m, of which £30m was a one-off special dividend resulting from the refinancing that was done at the time of the STN deal. The 'normal' dividend...

Forum: Airlines, Airports & Routes

21st Jan 2014, 15:13

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Actually the STN proportion is 35.5% of group...

Actually the STN proportion is 35.5% of group revenues from 39.0% of group passengers.

Total group revenue £390m, of which STN £138.4m. Total group pax 25.9m, of which STN 10.1m. All figures for...

Forum: Airlines, Airports & Routes

21st Jan 2014, 10:14

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

To be fair to MAG they have a pretty realistic...

To be fair to MAG they have a pretty realistic view of Stansted's future, as a leisure-focused airport continuing to be dominated by its two major customers. They don't see STN as truly competing...

Forum: Airlines, Airports & Routes

10th Jan 2014, 19:04

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

There will be no direct controls on charges after...

There will be no direct controls on charges after April. Airlines will still have general protection under wider Competition law, and also against unreasonable discrimination. But the price caps that...

Forum: Airlines, Airports & Routes

10th Jan 2014, 16:12

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Yes, the CAA's decision raises some concerns that...

Yes, the CAA's decision raises some concerns that the much-vaunted contractual arrangements might not last, and reserves the right to intervene if that leads to unreasonable behaviour by the airport...

Forum: Airlines, Airports & Routes

10th Jan 2014, 15:43

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Yes, Ryanair seemingly has such an agreement. But...

Yes, Ryanair seemingly has such an agreement. But I suppose they want the added protection that a greedy owner of STN might try it on and increase charges in future, as BAA did in 2006. They...

Forum: Airlines, Airports & Routes

10th Jan 2014, 14:27

Replies: 4,236

STANSTED - 2

Views: 1,320,338

Posted By BasilBush

Bagso Airport charges are only regulated if...

Bagso

Airport charges are only regulated if the airport is viewed as having significant market power. When airport privatisation took off back in 1987 four UK airports were subject to such price...

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