GATWICK
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Gatwick is a financial excercise
The new owners indicated they will consider selling pretty soon after the second runway is built. It is all hidden behind a screen of Guernsey, Cayman and Luxembourg companies with the major shareholder in New York and then a Californian Pension fund, a south Korean Pension fund, the Abu Dhabi Investment Authority and an Australian growth fund plus back to back loans, financial derivatives, interest rate swaps and 12% coupon bonds. Not an offshore financial exercise? Give me a break!
Last edited by interpreter; 4th May 2014 at 06:56.
Join Date: Sep 2009
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I see that LGW has recorded over 36 million pax on the moving annual total May '13 - April '14 and a 15% increase this month compared to April last year. Obviously we have to take into account the late Easter this year, but it's heading in the right direction and the best year-on-year growth since November 2011.
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This March there were 2.71 million pax compared to 2.58 million in March 2013. Easter fell in March last year as opposed to April 2014 and they recorded a 5.1% increase on top of that, so both months are well up on 2013.
It may be best to look at it is over the next few months and into Winter 2014 and to see if the growth sustains itself or drops back to the usual 3 to 4 %.... which is still not bad.
It may be best to look at it is over the next few months and into Winter 2014 and to see if the growth sustains itself or drops back to the usual 3 to 4 %.... which is still not bad.
How much of the April growth in passenger numbers is likely to be caused by Flybe's 78-seat slots being replaced with Easyjet's 156-seat slots ?
As a back-of-the-envelope calculation I'd guess a growth of maybe 60,000 or 70,000 passengers for April, but would be interested if someone can give a better estimate
As a back-of-the-envelope calculation I'd guess a growth of maybe 60,000 or 70,000 passengers for April, but would be interested if someone can give a better estimate
Join Date: May 2005
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Expect more increases, but not this large
Hi,
The ACL Start of Season Report shows that seats are expected to be up by 8% compared to last Summer, so the increases are likely to continue, but not always this large.
The number of scheduled movements is up by 4%, with 21 extra movements per day in the runway capacity profile. Gatwick is planning a record number of busy hours this Summer: 3 hours per day have been scheduled with 55 movements.
The biggest increases in services are from Easyjet (taking over the FlyBe slots), Norwegian and British Airways, but there are many other airlines also offering more seats, including Emirates, Vueling, Meridiana and Turkish.
It looks as though a number of the larger UK airports (including London City, Luton, Stansted, Manchester) will see some pretty decent increases this Summer. Some airports will finally start breaking the records that were set in 2007/8, at long last...
The ACL Start of Season Report shows that seats are expected to be up by 8% compared to last Summer, so the increases are likely to continue, but not always this large.
The number of scheduled movements is up by 4%, with 21 extra movements per day in the runway capacity profile. Gatwick is planning a record number of busy hours this Summer: 3 hours per day have been scheduled with 55 movements.
The biggest increases in services are from Easyjet (taking over the FlyBe slots), Norwegian and British Airways, but there are many other airlines also offering more seats, including Emirates, Vueling, Meridiana and Turkish.
It looks as though a number of the larger UK airports (including London City, Luton, Stansted, Manchester) will see some pretty decent increases this Summer. Some airports will finally start breaking the records that were set in 2007/8, at long last...
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LGW Private Movements.
Hi,
I dont know if I'm in the correct place for this so please redirect me if needs be, I'm desperately trying to find out how many private aircraft movements there were at LGW during 2013?
Would anyone here happen to have an an accurate idea.
Thanks.
PASOP1
I dont know if I'm in the correct place for this so please redirect me if needs be, I'm desperately trying to find out how many private aircraft movements there were at LGW during 2013?
Would anyone here happen to have an an accurate idea.
Thanks.
PASOP1
Join Date: Sep 2009
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DJ6
Probably correct DJ6. I don't have the figures to hand, but I'd probably guess the increase on Flybe's pax figures by U2 to be about the 60k mark. Overall there's a recorded increase of about 400k for April 2014. Norweigan will have quite a few more pax on their routes also. Emirates have also increased seats by approx 30% with one of the daily 77W replaced with an A380.... I think, but correct me if I'm wrong.
Also, bucking the trend, is the fact that LGW has said that all business models have experienced increased loads, including even charter flights and North Atlantic. European scheduled has increased by over 20%. Cargo is still slightly down though.
Interestingly, as Anna_list mentioned, the airport has scheduled 55 movements an hour for 3 hours per day during the summer. It'll probably turn into a record breaking year for LGW and a few other UK airports.
Good to see that Stansted is bouncing back too, as they were hit very hard during the recession. That's certainly NOT due to stealing routes/flights from LGW or any other airport, as some might suggest. It's due to getting more flights and routes in their own right. Good for them....
Also, bucking the trend, is the fact that LGW has said that all business models have experienced increased loads, including even charter flights and North Atlantic. European scheduled has increased by over 20%. Cargo is still slightly down though.
Interestingly, as Anna_list mentioned, the airport has scheduled 55 movements an hour for 3 hours per day during the summer. It'll probably turn into a record breaking year for LGW and a few other UK airports.
Good to see that Stansted is bouncing back too, as they were hit very hard during the recession. That's certainly NOT due to stealing routes/flights from LGW or any other airport, as some might suggest. It's due to getting more flights and routes in their own right. Good for them....
Last edited by Airlift21; 9th May 2014 at 17:17.
Join Date: Dec 2012
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New Norwegian routes
I see DY have added Berlin & Warsaw to their LGW route portfolio from the autumn and are increasing CPH to 5 day.
They are now quoting a 10% market share at LGW for the 1st 1/4 & 375 flights a week on 33 routes.
I bet there will be a huge sigh of relief IF the DoT grant US traffic rights
There must be a plan B in place? if the DoT say no? Virgin to the rescue?
They are now quoting a 10% market share at LGW for the 1st 1/4 & 375 flights a week on 33 routes.
I bet there will be a huge sigh of relief IF the DoT grant US traffic rights
There must be a plan B in place? if the DoT say no? Virgin to the rescue?
Join Date: Jul 2006
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Has the Norwegian routes to the states been taken off sale? All other destinations working normally on the site, but when you try one of the routes to the states, all of them come back with an error message.
TB
TB
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EasyJet today confirmed it would move to Heathrow if it got a third runway. Says it all really. Gatwick's biggest airline giving the airport a thumbs down. Makes me think that their prior commitment to a long term future at LGW meant absolutely nothing. Good job they didn't sign anything legal....
... actually, I misread the Evening Standard article. It says "move into" and not "to". Still, it's not a good quote if you're a Gatwick runway campaigner, Mr Wingate.
... actually, I misread the Evening Standard article. It says "move into" and not "to". Still, it's not a good quote if you're a Gatwick runway campaigner, Mr Wingate.
Last edited by Airlift21; 3rd Jun 2014 at 17:05.
Airlift - did Easyjet give a binding committment to flying on a definitive date ? Press reports indicate a committment to *considering* flying at Heathrow if R3 is built - which will not be ready for commercial use for at least 10 years. In any case, Easyjet was quite a different beast 10 years and its commercial focus will likely change further between now and 2024.
Every airline currently at Gatwick will consider moving operations to Heathrow while R3 is built - Easyjet aren't saying anything remotely surprising.
Every airline currently at Gatwick will consider moving operations to Heathrow while R3 is built - Easyjet aren't saying anything remotely surprising.
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So if easyJet move to Heathrow, Ryanair may move to Gatwick, and the laws of supply and demand kick in, musical chairs... The impacts if 3rd runway will no doubt create a vacuum and for the airlines looking for lower costs they may be in for a bonanza, except those moving to LHR of course. But of course we will be waiting a long time for r3 and an awful lot could could change before that... In this volatile industry...
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Easyjet aren't saying anything remotely surprising
In any case, Easyjet was quite a different beast 10 years and its commercial focus will likely change further between now and 2024.
The Davies Commission may recommend a location, but it still depends on whether the government takes any notice of it. Also depends on which party will actually be in government. We may end up with Boris Island after all....
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So When EZY moves it's full operation into North Term along with VS and BA moves to South anyone know what the plans are for TOM which have a sizeable operation out of North term currently? Staying put or off back to South with BA?
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EasyJet today confirmed it would move to Heathrow if it got a third runway. Says it all really. Gatwick's biggest airline giving the airport a thumbs down. Makes me think that their prior commitment to a long term future at LGW meant absolutely nothing. Good job they didn't sign anything legal....
... actually, I misread the Evening Standard article. It says "move into" and not "to". Still, it's not a good quote if you're a Gatwick runway campaigner, Mr Wingate.
... actually, I misread the Evening Standard article. It says "move into" and not "to". Still, it's not a good quote if you're a Gatwick runway campaigner, Mr Wingate.
In the unlikely event of LHR expansion, many carriers will be moving accross from LGW to LHR, particularly overseas longhaul carriers (the waiting room) and possibly BA (longhaul but not necessarily shorthaul) and VS. BD (regional), BE and others may also move accross to LHR, possibly doing feeder flights on thinner routes.
In the case of U2, it would probably be its more business-orientated routes that would shift to LHR, and possibly domestic trunk routes (to take on BA and VS). Suspect that much of U2, (bucket-and-spade and other leisure routes) would stay at LGW (why have the expense of moving what does not need move).
Look on the bright side: serious LHR expansion also solves LGW's looming capacity crunch.
So if easyJet move to Heathrow, Ryanair may move to Gatwick, and the laws of supply and demand kick in, musical chairs... The impacts if 3rd runway will no doubt create a vacuum and for the airlines looking for lower costs they may be in for a bonanza, except those moving to LHR of course. But of course we will be waiting a long time for r3 and an awful lot could could change before that... In this volatile industry...
Last edited by Fairdealfrank; 6th Jun 2014 at 22:07.