COVENTRY
Join Date: Aug 2004
Location: uk
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Airport was almost dissolved!
The 2007 accounts can now be read for £1. They were filled on the 1st May. Compaines house almost dissolved the firm as they were 6 months late filling the accoungs for 2007.
They lost £5.7m on £10.4m trading in 2007. It seems they have been saved by TUI buying their way out out a contract to fly from Coventry. As they have paid not to use the airport it must have been bad.
You can find out a lot from the accounts.
the comp no is 3442017
I cannot see it lasting from the mass of debt they were servicing.
WebCHeck - Select and Access Company Information
They lost £5.7m on £10.4m trading in 2007. It seems they have been saved by TUI buying their way out out a contract to fly from Coventry. As they have paid not to use the airport it must have been bad.
You can find out a lot from the accounts.
the comp no is 3442017
I cannot see it lasting from the mass of debt they were servicing.
WebCHeck - Select and Access Company Information
Join Date: Aug 2003
Location: Coventry
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Welcome back to Horizons
Hi to all interested in Coventry 
Please help spread the word ... Horizons Cafe Bar & Restaurant is reopening at Coventry Airport on Thursday 21st May 2009.
The is a reincarnation, at Coventry, of the cafe operated by Skypartners until the passenger flights ceased last November. Many of the original staff have been reunited are are looking forward to serving Coventry's aviation community once more.
The new location is:
Horizons Cafe Bar & Restaurant
Coventry Aeroplane Club
Rowley Road
Coventry CV3 4FR
Opening times:
Wednesday 1700-2300
Thursday 1000-2300
Friday 1000-2300
Saturday 1000-2300
Sunday 1000-2300
Licensed bar and full menu available all day. Aeroclub members and all Coventry Airport pass holders receive a 15% discount of bar and food prices.
Our facilities, with excellent runway views, are also available for private hire and for all your catering needs including parties, inflight meals and bars.
Watch out for the new Sunday lunch menu coming soon with 2 courses the introductory price of just £5.85 (after member/pass holder rebate).
Please come and support us. For more information feel free to call me on 07976 610009.
Marc @ Skypartners
Please help spread the word ... Horizons Cafe Bar & Restaurant is reopening at Coventry Airport on Thursday 21st May 2009.
The is a reincarnation, at Coventry, of the cafe operated by Skypartners until the passenger flights ceased last November. Many of the original staff have been reunited are are looking forward to serving Coventry's aviation community once more.
The new location is:
Horizons Cafe Bar & Restaurant
Coventry Aeroplane Club
Rowley Road
Coventry CV3 4FR
Opening times:
Wednesday 1700-2300
Thursday 1000-2300
Friday 1000-2300
Saturday 1000-2300
Sunday 1000-2300
Licensed bar and full menu available all day. Aeroclub members and all Coventry Airport pass holders receive a 15% discount of bar and food prices.
Our facilities, with excellent runway views, are also available for private hire and for all your catering needs including parties, inflight meals and bars.
Watch out for the new Sunday lunch menu coming soon with 2 courses the introductory price of just £5.85 (after member/pass holder rebate).
Please come and support us. For more information feel free to call me on 07976 610009.
Marc @ Skypartners
Join Date: Dec 1999
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The one thing the dooms Coventry is the Managements poor and in general threatening attitude to customers, coupled with thier lack of commercial ability. The tenants, most who have been offered better deals by the welcoming Birmingham Airport, are in agreement, Coventry Airport Management are either the most comically inept management team in aviation, or deliberately and successfully driving the airport into liquidation for some other purpose.
Join Date: Sep 2007
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0523 cov man,
Just out of curiosity, what do you expect Low life or other posters to say? News is news, be it good or bad. Unfortunately, at Coventry there has been a lot more of the latter in recent months. There is, despite your undoubted optimism no way that a positive spin can be applied to what has been a very testing time for all people directly connected to the airport.
Lets just hope that the airport is sold to a company willing to develop it in a more sustainable manner than previous owners.
CVT
Just out of curiosity, what do you expect Low life or other posters to say? News is news, be it good or bad. Unfortunately, at Coventry there has been a lot more of the latter in recent months. There is, despite your undoubted optimism no way that a positive spin can be applied to what has been a very testing time for all people directly connected to the airport.
Lets just hope that the airport is sold to a company willing to develop it in a more sustainable manner than previous owners.
CVT
Join Date: Jan 2009
Location: Newcastle
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Coventry - viable long term?
If they have a fraction of the freight traffic they once had, a couple of business aircraft a day and a scattering of general aviation flights, that cannot pay for the costs of running an airport of that scale - by miles. You'd need another ten plus 'proper' commercial flights day to get back on your feet again or a huge increase in overnight freight traffic. Birmingham is busness aviation-friendly with reasonable costs and a choice of handlers whilst parking fees are relatively cheap.
It's going to be a very tough gig to get back their feet. Any new investor needs to come in with property development angle and that rests wholly with the councils being willing to give a free hand to that buyer to do something radical. The property side will have to underwrite the cost of keeping the airport bit going, but if you can't build anymore stuff to rent out, the money's not there to keep the airport going as an airport.
What you need is a racecourse, film studios, football stadium, expo centre, F1 track, golf centre, health and fitness centre, offices - you name it, anything that can fit in on that footprint whilst still keeping the runway going.
Good luck, we don't want to loose you, but the whole future rests with planning authority's willingness to give a free hand to the next leaseholder.
It's going to be a very tough gig to get back their feet. Any new investor needs to come in with property development angle and that rests wholly with the councils being willing to give a free hand to that buyer to do something radical. The property side will have to underwrite the cost of keeping the airport bit going, but if you can't build anymore stuff to rent out, the money's not there to keep the airport going as an airport.
What you need is a racecourse, film studios, football stadium, expo centre, F1 track, golf centre, health and fitness centre, offices - you name it, anything that can fit in on that footprint whilst still keeping the runway going.
Good luck, we don't want to loose you, but the whole future rests with planning authority's willingness to give a free hand to the next leaseholder.
Join Date: Jan 2007
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That's the point I was making.....It does not have much of a future as an airport unless the Council can loosen the terms of the lease or Sell it on for development.
It won't be easy though. There is a lot of pollution in the ground that will have to be cleaned up before anything major can be done.
I think the major problem for them is that they have hit the perfect storm..Airlines retrenching. LoCo taking a hit. Major dive in pax. No airlines interested in using a shack on the edge of the field. Freight demand dropping. Lack of investors. etc. etc.
As you say they could do with an attraction that could generate some cash and perhaps some traffic....
It won't be easy though. There is a lot of pollution in the ground that will have to be cleaned up before anything major can be done.
I think the major problem for them is that they have hit the perfect storm..Airlines retrenching. LoCo taking a hit. Major dive in pax. No airlines interested in using a shack on the edge of the field. Freight demand dropping. Lack of investors. etc. etc.
As you say they could do with an attraction that could generate some cash and perhaps some traffic....
Join Date: Aug 2004
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TUI paid the airport to be released from flying to Coventry. If airlines would rather give the airport money than use the runway it cannot have much future.
If BHX were willing to takeover what was left and transfer things to BHX then things could be wound-up gracefully. I guess the airport could become a jail for all the MPs! they could be sent to Coventry!
If BHX were willing to takeover what was left and transfer things to BHX then things could be wound-up gracefully. I guess the airport could become a jail for all the MPs! they could be sent to Coventry!
Join Date: Feb 2005
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Future
Coventry should have a future as the premier midland General Aviation facility.
BHX does not want light/general aviation, training flights, aeroclub flights or night time freight flights. It does want passenger flights.
There is I am sure a good future on the business mentioned above apart from regular passenger flights.
Go back as it was before, cut the cloth accordingly and concntrate on core sustainable business.
Look forward now not back
Centre cities
BHX does not want light/general aviation, training flights, aeroclub flights or night time freight flights. It does want passenger flights.
There is I am sure a good future on the business mentioned above apart from regular passenger flights.
Go back as it was before, cut the cloth accordingly and concntrate on core sustainable business.
Look forward now not back
Centre cities
Join Date: Mar 2008
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BHX/EMA Do Want Business/General Aviation.
Coventry Will Never be the Premier Midland General/Business Aviation Facility.
Why On earth would a Business man fly into Coventry when he wants to do business in Birmingham. These people fly Privately to save time not Spend time in taxis Travelling down the A45/M6 To Birmingham. At the end of the day if they can afford to fly privately they can afford a few £??? On handling. A Business man especially from Europe/Uk or further a field wants to fly to the nearest airport to where he is going if thats Coventry then he will fly into Coventry Why on earth would someone going to watch Villa Fly into any where other than BHX.
Yes Coventry Might do well out of Flying/Aero Club Aircraft and Might Attract people who want to base there Biz jet there but look at Oxford Another New hangar Built and Look At Coventry those Hangers Over the Old terminal side have been there 35+ Years They Need £££ Spent on them. Where would any investment come from to build a new hangar.
Why On earth would a Business man fly into Coventry when he wants to do business in Birmingham. These people fly Privately to save time not Spend time in taxis Travelling down the A45/M6 To Birmingham. At the end of the day if they can afford to fly privately they can afford a few £??? On handling. A Business man especially from Europe/Uk or further a field wants to fly to the nearest airport to where he is going if thats Coventry then he will fly into Coventry Why on earth would someone going to watch Villa Fly into any where other than BHX.
Yes Coventry Might do well out of Flying/Aero Club Aircraft and Might Attract people who want to base there Biz jet there but look at Oxford Another New hangar Built and Look At Coventry those Hangers Over the Old terminal side have been there 35+ Years They Need £££ Spent on them. Where would any investment come from to build a new hangar.
Join Date: May 2008
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Joined up thinking from Coventry airport as usual
2 weeks ago, Coventry Airport put up for sale
"Airport director Brian Cox said the airport had decided the plans and funding in place were not enough to keep the airport running successfully, and so they had decided to look for a new owner. “The long-term ability to find funds was insecure and we thought now was the time for someone else,” he said. “We are definitely not trying to compete with Birmingham but it’s got an excellent potential as a passenger airport within reason."
Now:
"Airport Director Brian Cox said “Marshall Aerospace is a well respected company with a proven track record in the air traffic services field. I look forward to working closely with them and developing a long term relationship.”
Be a bit tricky developing a long term relationship if you're not planning to be there, otherwise could have put the for sale ad in the personal column
"Small, but funky airport, looking to get out of failed relationship seeks LTR with wealthy new owner to wine and dine, N/S preferred xxx
2 weeks ago, Coventry Airport put up for sale
"Airport director Brian Cox said the airport had decided the plans and funding in place were not enough to keep the airport running successfully, and so they had decided to look for a new owner. “The long-term ability to find funds was insecure and we thought now was the time for someone else,” he said. “We are definitely not trying to compete with Birmingham but it’s got an excellent potential as a passenger airport within reason."
Now:
"Airport Director Brian Cox said “Marshall Aerospace is a well respected company with a proven track record in the air traffic services field. I look forward to working closely with them and developing a long term relationship.”
Be a bit tricky developing a long term relationship if you're not planning to be there, otherwise could have put the for sale ad in the personal column
"Small, but funky airport, looking to get out of failed relationship seeks LTR with wealthy new owner to wine and dine, N/S preferred xxx
Join Date: Jan 2007
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Not much chance of being premier GA destination as said, unless they can get the two premier GA handlers to move from BHX to CVT.
BHX do want GA but not club traffic......At a large airport club fliers are an unnecessary nuisance. I doubt CVT makes anything from them. Only the new cafe would benefit.
BHX do want GA but not club traffic......At a large airport club fliers are an unnecessary nuisance. I doubt CVT makes anything from them. Only the new cafe would benefit.
Join Date: May 2009
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Sadly in the current economic climate, its a bad time to try and sell anything let alone an airport!
I really do hope that somebody comes along with some serious business acumen who can inject a fresh future into airfield.
I think after seeing some of the figures spent on the airport in previous postings, it would make a fabulous bizjet terminal. Harrods pulled off a splendid job operating out of sumptuous portacabins based at Luton. There must be similar business models that could be created for Coventry, surely they have some useful buildings for renovation or refit for that particular market.
However all of this is immaterial if there is nobody out there bold enough to risk future investment and would Birmingham airport really welcome a phoenix from the embers?
I really do hope that somebody comes along with some serious business acumen who can inject a fresh future into airfield.
I think after seeing some of the figures spent on the airport in previous postings, it would make a fabulous bizjet terminal. Harrods pulled off a splendid job operating out of sumptuous portacabins based at Luton. There must be similar business models that could be created for Coventry, surely they have some useful buildings for renovation or refit for that particular market.
However all of this is immaterial if there is nobody out there bold enough to risk future investment and would Birmingham airport really welcome a phoenix from the embers?
Join Date: Jan 2009
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COV as a top notch GA airport
It's all well and good suggesting Coventry could be an excellent GA airport - it certainly could, but that is never ever going to pay for the infrastructure. Business aviation will always be limited by the fact that 14 miles away you have BHX which is fine and not hideously expensive, and of course where most of the Midlands traffic actually wants to go.
Look forward several years and the costs of maintaining an airport of Coventry's size is considerable - no way on this planet does light GA ever come close to paying for that. One needs at least the likes of Gloucestershire's throughput of traffic - 90,000 movements a year but even then if you have ILS, radar etc. etc. it's all a different world. The CAA will need to see that everything is spick and span and maintained appropriately.
Just forget surviving on GA or Business Aviation.
You need to have other sources of revenue, most likely non-aviation-related.
Do you think there is any oil there?!
Look forward several years and the costs of maintaining an airport of Coventry's size is considerable - no way on this planet does light GA ever come close to paying for that. One needs at least the likes of Gloucestershire's throughput of traffic - 90,000 movements a year but even then if you have ILS, radar etc. etc. it's all a different world. The CAA will need to see that everything is spick and span and maintained appropriately.
Just forget surviving on GA or Business Aviation.
You need to have other sources of revenue, most likely non-aviation-related.
Do you think there is any oil there?!