Originally Posted by
highwideandugly
I still wonder how £15 million in revenues were achieved on the limited passenger/cargo/terminal throughput ?
This is where the need to look over the previous years results.
Year / Revenues / Passengers / Movements
2019-20: £7,745,305 / 139,448 / 16,389
2020-21: £4,812,505 / 14,521 / 11,118
2021-22: £7.686,643 / 83,921 / 20,130
2022-23 £15m plus / 192,283 / 21,360
Take a look at the drop during the first covid year and the second when things were slowly opening up. The second year Revenue is near enough the same as pre covid year, but reduced numbers and nearly 4k extra movements than pre covid.
This is quite telling on how the business has increased in other areas.
So new Draken Hangar rents with extra aircraft, aircraft storage/ parking, aircraft handling, movements, more larger aircraft being handled, cargo, fuel sales increase. Then the increase in terminal facilities so more spending by passengers in the bars/ restaurants, unit rentals, car parking, office block built and occupied by TVCA, other rentals/ ground rents from other users.
Serco International Fire Training Centre
Willis Asset Management
Willis Jet Centre
Draken Europe
AeroSchool
Eden Flight Training
FedEx Express
IAS Medical
Thales Flight Inspection
Ramsdens
Linthorpe at the Airport Pharmacy/ Shop
Fairs Lloyds Travel
Bannantyne Spa
World Duty Free
House of Zana & Rejoy
The Landside Cafe
The Transporter
The Goosepool
Tees Valley Combined Authority Offices
Thai Terminal
1 Goosepool Hotel
Caravan/ Motorhome storage
Plus couple others I can't think off top of my head.
So when you add them all up then you can see where the Revenues have been come from especially with upturn in passenger numbers adding to the figures.
So definitely don't think advance payments could be attributed to the increase.