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Old 2nd Sep 2021, 23:08
  #782 (permalink)  
pabely
 
Join Date: Jan 2005
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I don't think Luton could accommodate the size of the Jet2 operation at STN, yes we all know they did have a serious look though.
Jet2 has been propped up with the following from their own accounts "This liquidity has been raised from a diversified range of funding sources including: the utilisation of our £65m Revolving Credit Facility; the drawing down of the Bank of England’s Covid Corporate Financing Facility (“CCFF”) of £199m; the financing of unencumbered owned mid-life aircraft for £102m; the sale of Fowler Welch, our non-core Distribution & Logistics business, for gross proceeds of £99m; plus two oversubscribed equity placings raising gross proceeds of £594m, for which we are grateful to our Shareholders for their support."
TUI also issued more shares and numerus debt deferral and asset sales but more importantly is finding things easier in EU than UK.

LTNman Planning consent 19/01683/GPDOPD was for 6 stands and reconfiguration of run-up bay - Application Permitted. (Plans show stands 16/80/81 no longer commercial use so no net gain)
Planning for the works which the picture highlight was through 21/00437/AMEND which again was Approved.
Everything else so far for the 19m planning application (Not approved yet) does not show any new aprons.

The other stands you talk about are for the jump to 20.5/21m pax but I don't think we have seen any formal planning application for that yet, only on dream plans.

Can't comment on the who is who in each part of LLAOL & LLAOL but smells like normal local government, at least they have not built themselves grand new offices in the town at tax payers expense like some councils do and then find them not fit for purpose!
pabely is online now