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Old 2nd Oct 2023, 22:48
  #2372 (permalink)  
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Originally Posted by Grumpy1
Dont think that CAA stats will have any impact on producing audited trading accounts.
The assumed recent increase in revenue that has been listed will have very little impact on the sizable losses. We never did find out what deal was done with Ryanair to bring them in or what proportion of the car park income they take for example. Best wait for the accounts to be published but it will be worrying if losses continue to be close to one million pounds per month when the business plan had us heading towards a trading profit by now.
In relation to the freight centre, the lack of any meaningful freight while air freight in the UK is generally busy is worrying. Let's not forget that MME has the disadvantage of being in a freeport so perhaps we were never going so see any proper freight. There is a very good reason why Teesport down the road fought hard not to be dragged into a freeport.
Regarding air freight, there has been a trend towards more cargo being carried as belly freight on long-haul passenger aircraft. Very few airports in the U.K. can hope to become freight integrators, there just isn’t the market for it as they don’t need more than a couple of hubs in this country. Possibly some ad/hoc stuff but nothing on a scale that would generate any meaningful returns or significant employment.
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