Avia Solutions report for Thanet Council ‘irrelevant’ and ‘thin on evidence’ says RiverOak Investments
Oct 4, 2016
RiverOak Investments will be continuing to develop its exciting plans for Manston Airport given that Avia Solutions “does not offer any opinion about the reasonableness or otherwise of RiverOak’s commercial plans for the airport” making their report irrelevant. *
The report is also extremely thin when it comes to evidence on freight demand. The only ‘forecast’ they rely on is in fact a statement of freight volumes from 2000-2012, when it is widely accepted that there is a considerable and growing level of unsatisfied demand. The report bases its freight projections on a continuation of the current levels of growth and ignores the ample evidence from at least eight respected studies by the likes of Transport for London, the Centre for Economic and Business Research, Boeing and Oxford Economics, that air freight traffic levels in the UK are severely constrained due to the lack of runway capacity and there is enough demand to satisfy not only a thriving Manston in the future but also, in due course, a third runway at Heathrow too.
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Avia Solutions report for Thanet Council 'irrelevant' and 'thin on evidence' says RiverOak Investments - RiverOak Investments Corp