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Old 15th Nov 2017, 16:44
  #45 (permalink)  
LBIA
 
Join Date: Jul 2005
Location: Leeds, West Yorkshire
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LBA is not going to close as much as the Troll would like it too.

I'm sure I've read that AMP Capital have paid off some, if not all of the reported £89.5 million worth of debt as part of the deal to buy the airport from Bridgepoint.

It is well known that LBA has its downfalls operationally and Infrastructure wise. The airports new CEO seems to have his head screwed on and openly admits it's problems, But he wants to know how things can be improved, so is willing to listen other people opinion's. It also helps that at long last Leeds City Council are singing from the same hymn sheet.
The planned New Parkway/Park & Ride rail station on the Leeds-Harrogate-York line has to be built otherwise LCC stand to lose a load of government cash. Meanwhile money has been secured for the building of the A65-A658 link road, but both projects are a long way off as the still in the early development stages.

The airport had already secured an extra Jet2 based aircraft for next summer 2018 even before Monarch Airlines recent collapse.

So far 73% of Monarch's capacity for next summer 2018 has been replaced. Thomas Cook opening new base, Extra flights added by TUi and even further growth by Jet2. Rumour has it that Ryanair are possibly looking to increase capacity next summer as well.
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