HUMBERSIDE - 2
Thread Starter
If there is a 'light at the end of the tunnel' i would have thought it will be something good. We will have to wait and see i suppose..
niknak
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Pug,
I doubt BE could afford to operate an ABZ service head to head with Eastern, it's not a "low cost" airline destination as such.
I know Easyjet do Luton to ABZ but it's with a much bigger aircraft and much higher passenger loads, even then it's not particularly cheap.
One can only hope that the new owners can afford to ride out the next couple of years without shedding too many jobs, competition from Donny will be hard to overcome and some hard nosed business decisions are going to have to be made.
I doubt BE could afford to operate an ABZ service head to head with Eastern, it's not a "low cost" airline destination as such.
I know Easyjet do Luton to ABZ but it's with a much bigger aircraft and much higher passenger loads, even then it's not particularly cheap.
One can only hope that the new owners can afford to ride out the next couple of years without shedding too many jobs, competition from Donny will be hard to overcome and some hard nosed business decisions are going to have to be made.
Thread Starter
One can only hope that the new owners can afford to ride out the next couple of years without shedding too many jobs, competition from Donny will be hard to overcome and some hard nosed business decisions are going to have to be made.
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Ocasional reader of the thread but have not replied to this thread for an age, maybe some wont like my input.........
In an age of risk limitation, credit crunchs, rising raw material prices and natural resources and add that to the many facts that alot of people, including myself have written in the past about the airports locality and lack of catchment area, who would buy HUY?
The low cost airline mode has been tried and failed from HUY, any smaller a/c and it would'nt be low cost, even Jet2, the "Norths" airline with smaller seating capacity of Ryanair have not even approched the airport, why?
The scheduled flights by mainline airlines other then to Amsterdam and Aberdeen are just not viable, if it was the case why arnt airlines flocking to utilise the airport, Aer Arran, Flybe etc, why?
The simple answer, not enough pax for said airlines to make a profit to make the routes a viable option.
HUY relies on its charter flights, helicopter movements and the small niche market served by Eastern and KLM, KLM use the airport as a feeder into its AMS hub and Eastern charge fares that are high but make the route viable but dont attract the economy pax.
As said previously by others, the airport sale is Manchester offloading a regional UK airport to gain a a major airport as BAA is broken up and their monopoly diluted.
For HUY to attract a progressive and forward thinking owner ready to pay millions for a regional UK airport on the decline is wishful thinking by the Manchester owners, an airport that as other UK regional airports have grown has simply stood still. The opportunity for HUY was prior to Doncaster being bought and turned in to a gate way for the Yorkshire region has now passed, the future doesnt look bright and certainly no orange aircraft will grace HUY.
The Manchester mob and local council shareholders have missed the boat, HUY will not attract low cost or regional airlines that would bring connections to UK and European cities that other regional airports offer and will probably become yet another Sunderland or Sheffield, its runway concreted over and yet another business park built on what could of been a thriving airport.
Bad management, locality, small catchment area and poor intrastructure (no rail connection, high tolls over the bridge etc) will only lead to the airport becomming a financial drain on the shareholders to the point they just walk away.
Eastern may decide that owning their own home is an opportunity but not at the figures commented on this thread, Eastern will bide their time but expect even less investment than what the Manchester mob has invested, why buy an airport to attract competitors!!
RIP HUY
Circseam
In an age of risk limitation, credit crunchs, rising raw material prices and natural resources and add that to the many facts that alot of people, including myself have written in the past about the airports locality and lack of catchment area, who would buy HUY?
The low cost airline mode has been tried and failed from HUY, any smaller a/c and it would'nt be low cost, even Jet2, the "Norths" airline with smaller seating capacity of Ryanair have not even approched the airport, why?
The scheduled flights by mainline airlines other then to Amsterdam and Aberdeen are just not viable, if it was the case why arnt airlines flocking to utilise the airport, Aer Arran, Flybe etc, why?
The simple answer, not enough pax for said airlines to make a profit to make the routes a viable option.
HUY relies on its charter flights, helicopter movements and the small niche market served by Eastern and KLM, KLM use the airport as a feeder into its AMS hub and Eastern charge fares that are high but make the route viable but dont attract the economy pax.
As said previously by others, the airport sale is Manchester offloading a regional UK airport to gain a a major airport as BAA is broken up and their monopoly diluted.
For HUY to attract a progressive and forward thinking owner ready to pay millions for a regional UK airport on the decline is wishful thinking by the Manchester owners, an airport that as other UK regional airports have grown has simply stood still. The opportunity for HUY was prior to Doncaster being bought and turned in to a gate way for the Yorkshire region has now passed, the future doesnt look bright and certainly no orange aircraft will grace HUY.
The Manchester mob and local council shareholders have missed the boat, HUY will not attract low cost or regional airlines that would bring connections to UK and European cities that other regional airports offer and will probably become yet another Sunderland or Sheffield, its runway concreted over and yet another business park built on what could of been a thriving airport.
Bad management, locality, small catchment area and poor intrastructure (no rail connection, high tolls over the bridge etc) will only lead to the airport becomming a financial drain on the shareholders to the point they just walk away.
Eastern may decide that owning their own home is an opportunity but not at the figures commented on this thread, Eastern will bide their time but expect even less investment than what the Manchester mob has invested, why buy an airport to attract competitors!!
RIP HUY
Circseam
Thread Starter
Circseam, if what some posters have said is correct and a buyer is already in place then there is no need to worry, as long as its not Peel. I can see why people have written it off but some of the same people believed it would hit the wall long before now with what some believed as a mass exodous to DSA. It never happened. The loss of some numbers is down to TOM pulling out of the rehions to its main bases, DSA being one of them. DSA is proving to be not much more than a third rate airport and to think it will be a threat in the future is worrying as the potential for it to attract significant growth there is slim now.
Experts believe HUY will recoup all money for MAG's investment. It will not be made into a business park and any buyer it is hoped will invest more unlike MAG have done.
We still have to wait ands see who the new owner is before making judgements about the future, rest assured though any new owner will have vision and hopefuly cash to invest. It is less likely to hit the wall than DSA that is for sure.
LS have approached the airport, i believe they were made an offer but have never got back. Cannot expect a based lo-co but as Omniport have done at NWI LTE offer seat only and block options for tour operators and have reduced the risk significantly with the aircraft flying in from spanish bases...
Experts believe HUY will recoup all money for MAG's investment. It will not be made into a business park and any buyer it is hoped will invest more unlike MAG have done.
We still have to wait ands see who the new owner is before making judgements about the future, rest assured though any new owner will have vision and hopefuly cash to invest. It is less likely to hit the wall than DSA that is for sure.
LS have approached the airport, i believe they were made an offer but have never got back. Cannot expect a based lo-co but as Omniport have done at NWI LTE offer seat only and block options for tour operators and have reduced the risk significantly with the aircraft flying in from spanish bases...
Last edited by pug; 25th May 2008 at 16:49.
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Pug
DSA a third rate airport..............!
I think not and if that was the case then HUY would be what a 5th or 6th rate airport??
The deal is not done, ok offers may be on the table but until their is annoucement no deal is done.........
As a previous user of HUY for commuting to my work I truly belive that HUY has had its day, an airport that is still called a region that is no longer valid, a catchment area that is very small, unable to attract mainline and low cost services like other regional airports (Does not DSA have more scheduled flights than HUY?) have to the UK and European cities.
As a taxpayer for the region the airport offers me little and yet has no doubt cost me in my pocket previously and possibly in the future.... time for serious discussion into what HUY offers the local population and if 2 airports within a 50 mile radius is the ideal way forward.
And before anyone jumps in Im not a DSA supporter just merely someone whom belives that change has to happen, for the good and maybe at the cost of HUY
DSA a third rate airport..............!
I think not and if that was the case then HUY would be what a 5th or 6th rate airport??
The deal is not done, ok offers may be on the table but until their is annoucement no deal is done.........
As a previous user of HUY for commuting to my work I truly belive that HUY has had its day, an airport that is still called a region that is no longer valid, a catchment area that is very small, unable to attract mainline and low cost services like other regional airports (Does not DSA have more scheduled flights than HUY?) have to the UK and European cities.
As a taxpayer for the region the airport offers me little and yet has no doubt cost me in my pocket previously and possibly in the future.... time for serious discussion into what HUY offers the local population and if 2 airports within a 50 mile radius is the ideal way forward.
And before anyone jumps in Im not a DSA supporter just merely someone whom belives that change has to happen, for the good and maybe at the cost of HUY
Thread Starter
Circseam, you have been saying the same doom and gloom comments for the past four years and yet very little has changed, if HUY is holding DSA back like you seem to point out then it has a lot more to worry about than i thought.
DSA is third rate, its sole business route to BHD is bringing low loads and yet consistantly low fares also which suggests low yields. I believe Peel will be paying through the teeth for it. Why do you think routes to CDG and AMS have not been restarted from there? The question needs to be asked if DSA is viable long term, please dont quote pax numbers or the size of the catchment area as these have very little to do with gaining important flights for the region.
As i say, we have to wait and see who will buy HUY but be assured there will be a buyer who will be able to put the private investment into the airport which it so needs to gain the flights it has lost in the last few years. CAT III springs to mind. MAG dont invest heavily until past the point of demand requiring it due to the fact its public money being spent. HUY cannot be another BOH or EMA and to get LGW they have to sell HUY to do so.
DSA is third rate, its sole business route to BHD is bringing low loads and yet consistantly low fares also which suggests low yields. I believe Peel will be paying through the teeth for it. Why do you think routes to CDG and AMS have not been restarted from there? The question needs to be asked if DSA is viable long term, please dont quote pax numbers or the size of the catchment area as these have very little to do with gaining important flights for the region.
As i say, we have to wait and see who will buy HUY but be assured there will be a buyer who will be able to put the private investment into the airport which it so needs to gain the flights it has lost in the last few years. CAT III springs to mind. MAG dont invest heavily until past the point of demand requiring it due to the fact its public money being spent. HUY cannot be another BOH or EMA and to get LGW they have to sell HUY to do so.
niknak
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Cat 3
I assume that you're referring to a Cat 3 ILS, the additional improvements required to lighting and infrastructure would entail vast expense which simply couldn't be justified given current and projected income over the next year or so.
Back to reality;
If the new owners are existing airport operators with cash to invest (an extremely rare beast at the moment) and they have the marketing and management team to match, there's a good chance that by 2010, HUY may make a go of it.
If they're not (ie Eastern or the like), the place will continue to do what it does now, probably not less and almost certainly not more. There's every likelyhood it will tick along but not provide any serious competition and over time investment in the infrastructure will be the absolute minimum with the ineviatable consequences.
Either way, DSA has a vastly better infrastructure and better equipped management and marketing team in place, they will always be a couple of steps ahead and once the we come out of the economic downturn, I can see DSA providing real competition to both HUY and LBA.
The new owners of HUY should concentrate on having a top to bottom review every single aspect of the airport, whether it moves or is nailed to the floor. Once they've done that, they'll know who and what to dispense with and who or what is going to part of the future.
I assume that you're referring to a Cat 3 ILS, the additional improvements required to lighting and infrastructure would entail vast expense which simply couldn't be justified given current and projected income over the next year or so.
Back to reality;
If the new owners are existing airport operators with cash to invest (an extremely rare beast at the moment) and they have the marketing and management team to match, there's a good chance that by 2010, HUY may make a go of it.
If they're not (ie Eastern or the like), the place will continue to do what it does now, probably not less and almost certainly not more. There's every likelyhood it will tick along but not provide any serious competition and over time investment in the infrastructure will be the absolute minimum with the ineviatable consequences.
Either way, DSA has a vastly better infrastructure and better equipped management and marketing team in place, they will always be a couple of steps ahead and once the we come out of the economic downturn, I can see DSA providing real competition to both HUY and LBA.
The new owners of HUY should concentrate on having a top to bottom review every single aspect of the airport, whether it moves or is nailed to the floor. Once they've done that, they'll know who and what to dispense with and who or what is going to part of the future.
Thread Starter
I think the marketing team may be largely new faces as all of MAG's is done at EMA now...
This CAT III will go on but IF a new owner wants to grow the airport then this is a must due to the position of the airport as its prone crap weather (Ill get my PPL eventually!!!)
It is widely thought XL pulled out for two reasons one being a change in direction due to finances and another due to too many bad weather diversions.
Though FR failed it did prove there is clear defining demand for HUY DUB flights, the service was almost mirrored to DSA's and though it managed 2000 less per month it had negligable effects on DSA's numbers.
DSA is in a bad position, had it come along 10 years earlier then EZY would have certainly made it a base and it would be doing well. The problem for it is not LBA/HUY but EMA and MAN. It has a lot of work to do but i very much doubt it will grow much more in the next 10 years or so...
This CAT III will go on but IF a new owner wants to grow the airport then this is a must due to the position of the airport as its prone crap weather (Ill get my PPL eventually!!!)
It is widely thought XL pulled out for two reasons one being a change in direction due to finances and another due to too many bad weather diversions.
Though FR failed it did prove there is clear defining demand for HUY DUB flights, the service was almost mirrored to DSA's and though it managed 2000 less per month it had negligable effects on DSA's numbers.
DSA is in a bad position, had it come along 10 years earlier then EZY would have certainly made it a base and it would be doing well. The problem for it is not LBA/HUY but EMA and MAN. It has a lot of work to do but i very much doubt it will grow much more in the next 10 years or so...
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DSA may not grow a great deal, but I think it is almost a guarantee that it will grow more than HUY, especially with the current Wizzair interest, and steady interest from FR.
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And todays winner is...............
Why would people come on here and post that its not Peel and therefore imply that they know the actual prospective owners but dont actually name them, amazed!
C'mon if your in the know, put us all out of our misery and add something to the mix
C'mon if your in the know, put us all out of our misery and add something to the mix
Thread Starter
Im converted to thinking Balfour Beatty, could fit in with some strategy and provided they can prove their worth more focus could be on its core strengths and not on high loading revenue making low cost services?
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"Why would people come on here and post that its not Peel and therefore imply that they know the actual prospective owners but dont actually name them, amazed!
C'mon if your in the know, put us all out of our misery and add something to the mix"
The reason why people come on here and 'imply' that they know the actual prospective owners is because......we can!
You have to realise that this is a RUMOUR network
and not a fact network.
I was asked personally about the buyer and asked to confirm that it was NOT peel...which is exactly what i did.
At the moment, the name of the buyers is being kept 'in-house' with very good reason.
C'mon if your in the know, put us all out of our misery and add something to the mix"
The reason why people come on here and 'imply' that they know the actual prospective owners is because......we can!
You have to realise that this is a RUMOUR network
and not a fact network.I was asked personally about the buyer and asked to confirm that it was NOT peel...which is exactly what i did.
At the moment, the name of the buyers is being kept 'in-house' with very good reason.
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If its being kept 'in-house' they are doing a very good job of it, as it seems the majority of staff members are non-the-wiser about who is buying HUY..... nothing new there then !!!! 
Plenty of rumours are flying around (scuse the pun), but they always will anyway!
We are normally the last people who get to know about anything happening at the Airport
so unless tonto68 is pally with someone 'upstairs' i would bide your time, and wait for an official notification.
Plenty of rumours are flying around (scuse the pun), but they always will anyway!We are normally the last people who get to know about anything happening at the Airport
so unless tonto68 is pally with someone 'upstairs' i would bide your time, and wait for an official notification.
niknak
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If the place has been sold, the information could easily be obtained via Companies House, the sellers and owners have a legal obligation to pass all details to them.
The only problem is that fee is payable and it's definately not top of my list to pay up to find out who now owns the place.
The other possibility is that perhaps HUY has not actuall been sold, after all, this is a
network....
The only problem is that fee is payable and it's definately not top of my list to pay up to find out who now owns the place.
The other possibility is that perhaps HUY has not actuall been sold, after all, this is a
RUMOUR
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A 'flagship' more than a money spinner for the airport, but there will be another cruise flight on 14th January 2010 for Fred Olsen to Barbados. Return will be from Nicuragua. This year's flight must have sold well for them to be returning 
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Niknak
If the owners (current and new) are traded on the LSE then they have an obligation to inform the LSE of any purchases that may have an impact upon the share prive of said company.
Save your pounds and keep an eye on possible suitors on the LSE or stock exchange they are based on.
tonto68
The point I was trying to make is that rumours, good or bad can have apossible impact upon the value of a company, also if you were working for said company and they read a "rumour" that has no substance and yet they take as gospel then this could have serious consequences for the company.
Rumours without substance that can be validated by the poster or checked as fact by others can be misleading and in certain cases very harmful to the companies upon which rumours are stated about.
If the owners (current and new) are traded on the LSE then they have an obligation to inform the LSE of any purchases that may have an impact upon the share prive of said company.
Save your pounds and keep an eye on possible suitors on the LSE or stock exchange they are based on.
tonto68
The point I was trying to make is that rumours, good or bad can have apossible impact upon the value of a company, also if you were working for said company and they read a "rumour" that has no substance and yet they take as gospel then this could have serious consequences for the company.
Rumours without substance that can be validated by the poster or checked as fact by others can be misleading and in certain cases very harmful to the companies upon which rumours are stated about.
Thread Starter
It has been anounced in an article that PriceWaterhouseCoopers have been appointed by MAG to advise in the sale. Same article also says MAG are going for BHD now also...