Passenger Growth
There was a piece in the main Exeter newspaper today concerning EXT's improved charter performance in recent months.
However, what struck me was the assertion by the airport MD that the airport could return to 1 mppa by 2012 and reach 1.5 to 1.9 mppa by 2015.
Bearing in mind that that the airport has seen a significant fall in passenger numbers over the past three years from just above 1 mppa (its best ever) to the current sub 750,000, to achieve the MD's projections would involve some truly spectacular growth.
Passenger numbers would have to increase by over 30% in two years to reach 1 mppa and between 100 and 150-plus% to rise to 1.5-1.9 mppa in something over four years.
Either Flybe is planning a huge expansion from EXT or another substantial player or players is/are coming OR of course it might an airport manager trying to get some local positive publicity for his airport after a disappointing period.
Any rumours or thoughts from anyone?