COVENTRY
Join Date: Jan 2006
Location: Warwick Uk
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Where is this excellant facility only 9 miles away? If by chance Birmingham is this facility thats a serious underestimation of terminal to terminal distance. At this rate the diminishing distance being quoted by some posters should have Birmingham Airport passing Coventry Airport going south sometime in the next couple of years.
On a more serious note there is only one chance of an airline setting up a passenger operation at Coventry in the immediate future and that is no chance.
On a more serious note there is only one chance of an airline setting up a passenger operation at Coventry in the immediate future and that is no chance.
easy have been looking at cvt the airport can have a new terminal
for 1m but not 2m 0523 cov man
for 1m but not 2m 0523 cov man
Would be great is all the regional airports were being utilised fully but unfortunately they are going backwards. Im pretty sure EZY will be consolidating right now like every other airline.
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Join Date: Sep 2004
Location: Coventry
Age: 48
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The Easy rumours have been around for a while - Stelios giving an open call to BHX and CVT to "make me an offer I can't refuse" - but they also said they weren't interested in Rugby because it would 'cannibalise' their ops @ EMA & LTN.
Now CVT & the Rugby proposals might (conceptually at least) be a million miles apart, but where is Easy's appetite for expansion in the current climate - they are hardly up to much at EMA, and could have got that offer at BHX when BACON cleared out, but instead FR came in. At that point, prices came down all round, and it is now difficult to see any of the current players at BHX or EMA moving to CVT. I'm sure Jet2, Globespan, Aer Lingus etc will all have been in talks, and all will have made their own decisions - that is why management chose to pursue other options. The sad reality is that an airport which should have been able to carve a nice little niche for itself in the passenger market doesn't look like it will be able to do so in the forseeable future.
Is there a way passenger flights could return to CVT? Here's a suggestion for debate, but I think the deal is already done & dusted - BHX is to spend £100m+ (+ cost over-runs, diversions etc) on a runway extension, which will open up many more long haul destinations, but how many new flights will it actually bring in? Would it be cheaper for them to just buy CVT, and extend the runway there?
Now CVT & the Rugby proposals might (conceptually at least) be a million miles apart, but where is Easy's appetite for expansion in the current climate - they are hardly up to much at EMA, and could have got that offer at BHX when BACON cleared out, but instead FR came in. At that point, prices came down all round, and it is now difficult to see any of the current players at BHX or EMA moving to CVT. I'm sure Jet2, Globespan, Aer Lingus etc will all have been in talks, and all will have made their own decisions - that is why management chose to pursue other options. The sad reality is that an airport which should have been able to carve a nice little niche for itself in the passenger market doesn't look like it will be able to do so in the forseeable future.
Is there a way passenger flights could return to CVT? Here's a suggestion for debate, but I think the deal is already done & dusted - BHX is to spend £100m+ (+ cost over-runs, diversions etc) on a runway extension, which will open up many more long haul destinations, but how many new flights will it actually bring in? Would it be cheaper for them to just buy CVT, and extend the runway there?
Join Date: Mar 2007
Location: Coventry
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Pug said
Suggestions of Easy or any other airline coming have not come from CVT and indeed have been dismissed by myself and other local posters.
A look back at postings by 0523Covman will indicate the value of his contributions.......
What planet is CVT on?
A look back at postings by 0523Covman will indicate the value of his contributions.......
Sorry i didnt word it correctly,i meant to say 0523covman.
The management appear to have made it quite clear as to which way they want to grow their business and its not in the bucket and spade brigade.
The management appear to have made it quite clear as to which way they want to grow their business and its not in the bucket and spade brigade.
Join Date: May 2007
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Just redevelop the site! Affordable housing?
Also, a large part of the central area is the site of a 19th century sewage farm; and that's not the slightly more recent sewage disposal area on the south side. (Not a lot of people know that.)
Lot of contamination there; to say nothing of decades of pollution from oils and chemicals, possibly RA materials in small quantities, in various places.
All in all it's not a developer's first choice for housing. Especially now, with land banks dwindling in value.
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Join Date: Sep 2004
Location: Coventry
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Coventry Airport for sale
Coventry Airport is being put up for sale by its shareholders and directors.
Over £6million has been invested in infrastructure at the airport since the takeover from the TUI Group, including upgrading the airport ground lighting system, resurfacing part of the runway, new signage for the runway and taxiways and ongoing improvements to Air Traffic Control.
Centrally located in the West Midlands, Coventry Airport is easily accessible with the midlands motorway network and major trunk roads close by. A local bus service links the airport with Coventry Rail station, giving a mainline service to London in just 60 minutes by train. Two million people live within a 35 minute drive of the airport and 8 million live within 60 minutes.
Airport Director Brian Cox said “Coventry Airport offers excellent potential, giving the prospective buyer a wealth of opportunities. We look forward to reaching an agreement with a scheduled passenger carrier in the near future. Presently we are concentrating on developing the airport as a ‘Midland Hub’ for cargo, executive jets and ad hoc charter operations. We have also decided to invest in a dedicated Fixed Based Operation (FBO) facility that will be completed by the end of May 2009. The excellent rapport we have built with our neighbours, customers and clients is complemented by a flexible, professional management and ground handling team, offering a safe, secure and efficient service to all”.
£6m spent, of course it won't give any suggestions of what they paid or the asking price - guess that's what PPRUNE is for.Over £6million has been invested in infrastructure at the airport since the takeover from the TUI Group, including upgrading the airport ground lighting system, resurfacing part of the runway, new signage for the runway and taxiways and ongoing improvements to Air Traffic Control.
Centrally located in the West Midlands, Coventry Airport is easily accessible with the midlands motorway network and major trunk roads close by. A local bus service links the airport with Coventry Rail station, giving a mainline service to London in just 60 minutes by train. Two million people live within a 35 minute drive of the airport and 8 million live within 60 minutes.
Airport Director Brian Cox said “Coventry Airport offers excellent potential, giving the prospective buyer a wealth of opportunities. We look forward to reaching an agreement with a scheduled passenger carrier in the near future. Presently we are concentrating on developing the airport as a ‘Midland Hub’ for cargo, executive jets and ad hoc charter operations. We have also decided to invest in a dedicated Fixed Based Operation (FBO) facility that will be completed by the end of May 2009. The excellent rapport we have built with our neighbours, customers and clients is complemented by a flexible, professional management and ground handling team, offering a safe, secure and efficient service to all”.
Is there anything to be read into the line about a new carrier? Reading between the lines, a general catch-all quote might talk about agreements with carriers, but this suggests some negotiations have been taking place with a carrier, and the 'in the near future' is a significant change from 'we're changing our focus to a FBO.'
Or is it just too long since I've had to deal with estate agents?
New Gliding club?
I wonder what the price is? It would make a good location for a new gliding club, good catchment area, good cafe, all weather surface and not too many jets. I seem to remember the Coventry gliding club were there for a while. Perhaps several flying organisations could club together.......
b b
b b
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Read the statement slowly and you can see all the marketing rubbish in it...
Of course they do....They have been looking forward to that day for a long time....Does not mean they are even in talks with anyone...The rest of it is just out of there usual advertising blurb.
6 million spent? Well I guess they'll just be happy to get that back!! They have the right business model for the airport but at the wrong time....Hope I'm wrong but I can see them going under as an airport. Another victim of the economic climate.
Good luck to her and all who sail in her.....
We look forward to reaching an agreement with a scheduled passenger carrier in the near future.
6 million spent? Well I guess they'll just be happy to get that back!! They have the right business model for the airport but at the wrong time....Hope I'm wrong but I can see them going under as an airport. Another victim of the economic climate.
Good luck to her and all who sail in her.....
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Join Date: Sep 2004
Location: Coventry
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Call 100,
I was scanning around to see if there was/is as optimistic spin to put on what many have already speculated is a difficult situation. I don't want to comment on the airport owner's position as a company, there is discussion on that above already, and even if WMIAL / CAFCO-C were to go under, the physical structure of the airport would still be there, and the site would still be owned by Coventry City Council.
I think we've been through the major players and it doesn't seem like there is an airline which would come in now and set up a base there. Imho, all the problems stem from Birmingham - both in terms of the planning issues, and the simple fact that BACON's departure left some negotiating room from Ryanair to come in. Under 'normal' circumstances, Coventry would be Ryanair's 'Birmingham East', but the airline industry doesn't do normal, so given the right deal, and the simple technical concerns over CVT's runway & 737-800's, FR ended up at BHX, not CVT, who's portakabin terminal might otherwise have welcomed them in with open arms.
The airport was sold with 'expectation' of getting planning approval for 2m pax, certainly not the same as having planning consent, so CAFCO were always taking an element of risk with this. So by the same logic, just being in talks with an airline can't exactly up the asking price, and ditto for an operator bringing in a couple of routes, but no base (a la Wizair / HLX), as these could go in an instant.
I still stand by the argument I have always used in the support I've given for CVT, which is that regional airports policy should make the best use of available facilities. However, airports have to make money, and although there must be plenty of airports up and down the country which don't have scheduled flights, is it fair to presume that these are needed in order for an airport the size of CVT to pay its lease to the council and have some funds left over to make a profit? OK, I said I wouldn't, but might it be fair to speculate that 6 months on from the TOM pull-out, WMIAL have got the calculators out and decided that selling is the only option?
[To be continued later / elsewhere, this post is getting a bit long.........]
I was scanning around to see if there was/is as optimistic spin to put on what many have already speculated is a difficult situation. I don't want to comment on the airport owner's position as a company, there is discussion on that above already, and even if WMIAL / CAFCO-C were to go under, the physical structure of the airport would still be there, and the site would still be owned by Coventry City Council.
I think we've been through the major players and it doesn't seem like there is an airline which would come in now and set up a base there. Imho, all the problems stem from Birmingham - both in terms of the planning issues, and the simple fact that BACON's departure left some negotiating room from Ryanair to come in. Under 'normal' circumstances, Coventry would be Ryanair's 'Birmingham East', but the airline industry doesn't do normal, so given the right deal, and the simple technical concerns over CVT's runway & 737-800's, FR ended up at BHX, not CVT, who's portakabin terminal might otherwise have welcomed them in with open arms.
The airport was sold with 'expectation' of getting planning approval for 2m pax, certainly not the same as having planning consent, so CAFCO were always taking an element of risk with this. So by the same logic, just being in talks with an airline can't exactly up the asking price, and ditto for an operator bringing in a couple of routes, but no base (a la Wizair / HLX), as these could go in an instant.
I still stand by the argument I have always used in the support I've given for CVT, which is that regional airports policy should make the best use of available facilities. However, airports have to make money, and although there must be plenty of airports up and down the country which don't have scheduled flights, is it fair to presume that these are needed in order for an airport the size of CVT to pay its lease to the council and have some funds left over to make a profit? OK, I said I wouldn't, but might it be fair to speculate that 6 months on from the TOM pull-out, WMIAL have got the calculators out and decided that selling is the only option?
[To be continued later / elsewhere, this post is getting a bit long.........]
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£6m spent but a lot of that was for expaning the terminal and lost with the loss of planning case. It seems much of the money was spent on frims own by the same directors.
There is also the matter of the overdue accounts that have just been submitted. How can you sell it if the accounts for 2007 have yet to be seen. I guess the accounts will cast doubt on the firm being a going concern. They have been submitted but are not ready for seeing:-
Accounting Reference Date: 31/12
Last Accounts Made Up To: 31/12/2007 (FULL)
Next Accounts Due: 31/10/2009
Last Return Made Up To: 17/03/2009
Next Return Due: 14/04/2010
Highlighted documents are not yet available for inspection
There is also the matter of the overdue accounts that have just been submitted. How can you sell it if the accounts for 2007 have yet to be seen. I guess the accounts will cast doubt on the firm being a going concern. They have been submitted but are not ready for seeing:-
Accounting Reference Date: 31/12
Last Accounts Made Up To: 31/12/2007 (FULL)
Next Accounts Due: 31/10/2009
Last Return Made Up To: 17/03/2009
Next Return Due: 14/04/2010
Highlighted documents are not yet available for inspection
