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Old 7th Sep 2014, 07:12
  #170 (permalink)  
asdf1234
 
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countdown to publication of the interim results has begun...

In the Aviation division, passenger numbers are over 20% ahead year on year in the period to 31 July 2014. The passenger-related revenue per passenger has also grown by over 10% year on year. This growth has directly benefited underlying EBITDA. We have also been focussed on restructuring management and developing the airport's systems to make the airport operation more efficient. For the second year running the airport has topped the Which? airport passenger satisfaction survey with an improved rating, but there is still work to do in some areas. Based on known traffic, the passenger numbers may be flat in the next six months but we are actively working with operators to identify opportunities to bring further traffic into that period. For example, we have recently announced that SkyWork Airlines will be operating a twice daily new route to Bern starting in October 2014, after transferring this route from London City airport.
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Stobart Air, of which we own 45%, has recorded increased passenger numbers for 13 consecutive months up to July 2014, and we are working with the airline's management to identify further opportunities.
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