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Old 30th May 2005 | 20:09
  #181 (permalink)  
7006 fan
 
Joined: Mar 2005
Posts: 280
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From: Brigg
Methinks the Lo-co hope is gone. Sorry chaps but that seems to be the fact. HUY missed out a few years ago by not bending the statistics. The catchment is about 500,000 with 1 hour but bursts to over 5,000,000 within 2 hours but HUY likes it's reputation as a 'local' airport so do not expect to see a lot apart from charter. Also they stuck to their guns and would not do 'suicide deals' with the likes of M O'L etc (free landings for life and a £1 for every pax the plane brings in ....no way Hosee!!!)
This may upset people who want lo-co but given all aspects lo-co could have killed HUY stone dead in a very short space of time.
HUY is now running at a profit, a small one but it is in the 'black' two years running (never before in its history!). Liverpool and DSA ain't and I do not think Tees-side is either, Exeter have got to spend about £15m on their terminal to satisfy lo-co, how long will it take to return the money spent and then make a profit. Cash Flow analysis spreadsheets at the ready, what's the NPV at 10%? About 20 years give or take!!! any advances?!!! (this is the bit the SLF do not understand)

Cheers

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