HUMBERSIDE - 2
Join Date: Apr 2008
Location: Just over there, sat laughing and pointing
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Now hear this...........
Having been in doing business over the weekend, a company has been mentioned numerous times, whose credentials fit the criteria.
Take a look at Bowmark Capital and see what you think.
Take a look at Bowmark Capital and see what you think.
Join Date: May 2008
Location: Grimsby
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Why Bowmark? Surely there are hundreds of private equity companies who invest in 'small' businesses around the globe.
From looking at their 'business' over the years there looks like there have been no dealings in the travel industry, so why would they start now when you consider the big upheavals in the avaition business per se?
Seems a touch suspect to me.
From looking at their 'business' over the years there looks like there have been no dealings in the travel industry, so why would they start now when you consider the big upheavals in the avaition business per se?
Seems a touch suspect to me.
Join Date: Apr 2006
Location: Hull
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Re 'Bowmark' they do have an intrest in travel,they have just aquired Kuoni student and school travel,this is the 4th similar travel company they have aquired.see their website/headlines.
Incident at HUY
Join Date: May 2008
Location: Grimsby
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Grimsby Evening Telegraph 24/10/08
THE future ownership of Humberside Airport could be decided in the coming weeks.
It is believed that several parties have expressed an interest in taking over the majority shareholding of the Kirmington base.
Six months ago, Manchester Airport Group (MAG) announced it was reviewing its 82 per cent stake in the airport.
On Friday, the deadline for potential bidders to submit expressions of interest passed.
A spokesperson for Manchester International Airport Group said: "We are now in the process of looking at submissions and that will take two weeks. If suitable, we will then declare a preferred bidder and begin a process of due diligence."
More than half a million passengers use Humberside annually. It offers 30 destinations and is home to the UK's second largest heliport, serving the North Sea oil and gas industry. It is also home to expanding Lincolnshire airline Eastern Airways.
MAG purchased Humberside Airport for £10-million in 1999 and has invested £7-million to develop the infrastructure in the past nine years.
North Lincolnshire Council holds the remaining shares.
It is believed that several parties have expressed an interest in taking over the majority shareholding of the Kirmington base.
Six months ago, Manchester Airport Group (MAG) announced it was reviewing its 82 per cent stake in the airport.
On Friday, the deadline for potential bidders to submit expressions of interest passed.
A spokesperson for Manchester International Airport Group said: "We are now in the process of looking at submissions and that will take two weeks. If suitable, we will then declare a preferred bidder and begin a process of due diligence."
More than half a million passengers use Humberside annually. It offers 30 destinations and is home to the UK's second largest heliport, serving the North Sea oil and gas industry. It is also home to expanding Lincolnshire airline Eastern Airways.
MAG purchased Humberside Airport for £10-million in 1999 and has invested £7-million to develop the infrastructure in the past nine years.
North Lincolnshire Council holds the remaining shares.
Last edited by temptage; 24th Oct 2008 at 22:19. Reason: Posted un-needed text
Thread Starter
Its fallen to almost 400,000 in the last couple of years. For charter work usually see the 737, A320 and 757 types. Some flights have operated with 767's regularly. Plus the KLM fokkers 100/70's.
You must also remember that these are seasonal only, there is maybe 4 regular charters a week in the winter and as of next summer not many more than that. Coventry had a year round based operation hence more pax, same with BLK.
You must also remember that these are seasonal only, there is maybe 4 regular charters a week in the winter and as of next summer not many more than that. Coventry had a year round based operation hence more pax, same with BLK.
Join Date: Sep 2006
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The most common aircraft by far is the Jetstream 41 that flies to Aberdeen with Eastern Airways, plus it is where all the heavy work is done on this aircraft type as it is Eastern Airways home base
Thread Starter
How could i forget the J41's? Though their contribution to annual pax numbers is around 25,000? They are used on the ABZ run but Eastern have been reluctant to try new routes from HUY for some time, last being EDI i believe.
Join Date: May 2008
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Eastern Airways
This came thru this morning on the HUY newsletter!!
Make capital gains with Eastern Airways' Norwegian link!
Does a city break at the foot of a Norwegian fjord take your fancy? Why not try the Norwegian capital of Oslo!
From 12 January 2009, Eastern Airways is offering a new daily weekday service from Humberside Airport via Aberdeen to appeal to business travellers, tourists and winter sports enthusiasts. In keeping with the jet set lifestyle, Eastern Airways also offers a friendly, personalised service on board with a complimentary bar, drinks and snacks offered.
Does a city break at the foot of a Norwegian fjord take your fancy? Why not try the Norwegian capital of Oslo!
From 12 January 2009, Eastern Airways is offering a new daily weekday service from Humberside Airport via Aberdeen to appeal to business travellers, tourists and winter sports enthusiasts. In keeping with the jet set lifestyle, Eastern Airways also offers a friendly, personalised service on board with a complimentary bar, drinks and snacks offered.
Last edited by temptage; 20th Nov 2008 at 11:46. Reason: Missed some text off
Thread Starter
It will be great if they market it well as a through flight HUY-ABZ-OSL, perhaps they could use ABZ as a connection point for a few others?
Join Date: Nov 2002
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Humberside is to stay in the Manchester Airport Group. The business prospects are too good to allow it to go.
Wait for the cut n pastes from the Grimsby Telegraph for the full statement..
Wait for the cut n pastes from the Grimsby Telegraph for the full statement..
Join Date: Apr 2004
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Here is what the Manchester Evening news reports:
MANCHESTER Airport Group today announced it has scrapped plans to sell Humberside Airport.
The group put Humberside on the market in April after a strategic review and said it had held talks with several potential buyers.
But in a statement this afternoon MAG said it had decided that, given several positive developments at Humberside and the current economic climate, it would retain its 82.7 per cent majority stake.
Geoff Muirhead, chief executive of MAG, said: “When we began our strategic review, we recognised that Humberside Airport was a solid business and that everyone had done a fantastic job in retaining and attracting airlines as well as maintaining stable passenger numbers, particularly during recent times of significantly increased competition.
“In the last few months, Humberside Airport has attracted an increase in its heliport business, its KLM services continue to perform well, a new state-of-the-art perishables hub has opened and discussions are currently underway about further developments.
“Coupled with the backdrop of an economic downturn and the beginnings of a recession in the UK, we have decided not to sell Humberside Airport and will retain it as part of the group.”
Humberside Airport handles more than 500,000 passengers a year and serves 30 destinations.
It employs around 730 people.
MAG is the second largest airports operator in the UK. It owns Bournemouth and East Midlands Airports as well as Manchester and Humberside.
MANCHESTER Airport Group today announced it has scrapped plans to sell Humberside Airport.
The group put Humberside on the market in April after a strategic review and said it had held talks with several potential buyers.
But in a statement this afternoon MAG said it had decided that, given several positive developments at Humberside and the current economic climate, it would retain its 82.7 per cent majority stake.
Geoff Muirhead, chief executive of MAG, said: “When we began our strategic review, we recognised that Humberside Airport was a solid business and that everyone had done a fantastic job in retaining and attracting airlines as well as maintaining stable passenger numbers, particularly during recent times of significantly increased competition.
“In the last few months, Humberside Airport has attracted an increase in its heliport business, its KLM services continue to perform well, a new state-of-the-art perishables hub has opened and discussions are currently underway about further developments.
“Coupled with the backdrop of an economic downturn and the beginnings of a recession in the UK, we have decided not to sell Humberside Airport and will retain it as part of the group.”
Humberside Airport handles more than 500,000 passengers a year and serves 30 destinations.
It employs around 730 people.
MAG is the second largest airports operator in the UK. It owns Bournemouth and East Midlands Airports as well as Manchester and Humberside.
The business prospects are too good to allow it to go.
