Let it not be said that the airport owners are not optimistic
https://travelweekly.co.uk/news/air/...uthend-airport
Airport owner Esken insisted the impact on earnings “will be negligible in view of the expectation of limited flying in the winter season”.
Management will have time to “implement mitigating actions which will include cost savings and deferral of discretionary capital expenditure and attracting new carriers into LSA to operate the routes vacated by Ryanair”.
Esken said it remains focussed on targeting airlines for the recovery of flying in summer 2022 when demand is expected to show a post-pandemic recovery.
The group is in “active dialogue” with a range of low cost and flagship carriers “where the previously proven route profitability, the airport’s efficient operating cost base and the safe passenger experience is likely to prove attractive as demand recovers”.
David Shearer, executive chairman of Esken said: “The terms of the deal which had been entered into with Ryanair in 2018 were based on a significantly different set of market and economic parameters to the present day.
“We are therefore commercially agnostic to this decision and will look to build sustainable and profitable passenger growth for LSA [London Southend Airport] with a range of other carriers as demand recovers into a post pandemic world.
Reality check
https://www.independent.ie/business/...-40731019.html