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STANSTED - 2

Old 12th Jun 2011, 15:40
  #1281 (permalink)  
 
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If Manchester Airports Group were to make a bid for Stansted, there would presumably be a fairly hefty loan (or even a bond issue) from a few banks.

As MAG is owned entirely by Manchester local Govt, are there any Govt-based constraints as to how much additional debt MAG can take on ? In addition, would the various boroughs of Manchester along with the city council be able to put some equity into such a purchase, or would it have to rely entirely on debt and MAG's own cash reserves ? Yes, S&P have rated MAG as single A, but the existing borrowings of approx £350m makes me wonder about the capacity of MAG to swallow something as big as STN

I'm trying to figure out whether MAG really has the financial firepower to be a credible bidder for STN or, similiar to the situation of BA taking interest in Alitalia a couple of years ago, whether it's just trying to have a good look through the confidential books of a rival.
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Old 12th Jun 2011, 15:51
  #1282 (permalink)  
 
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When MAG showed an interest in LGW it was in partnership with others, one would suggest the same may be true of any interest in Stansted.
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Old 13th Jun 2011, 17:14
  #1283 (permalink)  
 
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L9 is Belle Air Europe. Not sure of the exact relationship, but related to Belle Air in some way
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Old 15th Jun 2011, 11:23
  #1284 (permalink)  
 
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Just seen on LGW thread the AB flight to Hanover is to be scrapped from end of July, leaving Nuremberg as a sole route. I wonder if this means rather than AB upping sticks from STN altogether, NUE may actually return?
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Old 15th Jun 2011, 14:38
  #1285 (permalink)  
 
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I wonder if AirBerlin's Hanover passengers did'nt like Gatwick and have just jumped ship to German Wings at Stansted ?
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Old 15th Jun 2011, 20:59
  #1286 (permalink)  
 
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From my last trip through STN there seemed to be lots of changes going on in the security area, including an automated 'tray' conveyor, but the queues seemed longer than before.
Anyone able to tell me what exactly is going on?
PS Can I also say that the staff were all pretty polite - have they all been on a PR course?
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Old 16th Jun 2011, 12:49
  #1287 (permalink)  
 
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reduction in EZY flights at Stansted?

easyJet in Essex tug-of-hub
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Old 17th Jun 2011, 11:29
  #1288 (permalink)  
 
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Stansted - the decline continues

According to an interview with Carolyn McCall, three aircraft will move from STN to SEN next March, along with about 150 crew.
Assuming three rotations per day at 80% load factor and no replacement services, this will result in a loss of about 800,000 passengers in a full year to Stansted.
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Old 17th Jun 2011, 13:06
  #1289 (permalink)  
 
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I wouldn't be surprised if some of the Luton services are also shuffled about. Don't just expect Stansted to be affected. Just look at what launching LGW-ATH resulted in the eventual loss of the LTN-ATH. All I'll say is watch this space.
One thing Stansted has over SEN as a major point (and LTN for that matter) is a decent sized runway that can and does handle large aircraft up to 747-800/A380 to far-flung places. Certainly no chance of EZY transferring any A320's or DLM, BJV, FUE etc...
Both airports it should also be noted have very different catchment areas, tho granted some do overlap.
As per norm the bottom price in the airfare wars will play it's game in 'Jo Po' deciding where they actually fly from.
Good luck to SEN & STN & EZY for the future!
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Old 17th Jun 2011, 13:41
  #1290 (permalink)  
 
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Originally Posted by wowzz View Post
From my last trip through STN there seemed to be lots of changes going on in the security area, including an automated 'tray' conveyor, but the queues seemed longer than before.
Anyone able to tell me what exactly is going on?
These automatic tray conveyors, now turning up at security points at an airport near you, are just the latest high-cost (though not necessarily high-tech) bit of kit for the Security Budget Wasting Industry to get their teeth into. There's a budget of £x million for security, and there are salesmen from the manufacturers who are out there ensuring that as much of that as possible, along with their associated sales commisions, comes their way.

The fact that the result is slower passenger processing and longer queues is neither here nor there.
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Old 17th Jun 2011, 15:05
  #1291 (permalink)  
 
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Easyjet

I would assume the SEN agreement would be similar to others where if the passenger numbers do not live up the expectations then EZY could cut and run....back to status quo, but time will tell.....
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Old 18th Jun 2011, 11:44
  #1292 (permalink)  
 
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Stansted-2

I think I read in one of the (surprisingly numerous) articles that there was an 18 month break clause - might be wrong though. But that shouldn't be necessary. I'm sure SEN will be a success for EZY, and for other operators too. Stobart Air have a smart marketing strategy and the speed of transit through SEN's new rail station and terminal should be attractive. In addition to the obvious European passenger appeal SEN is located in an urban area of over a quarter of a million people. Mind you, they haven't extended the runway yet....
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Old 18th Jun 2011, 12:02
  #1293 (permalink)  
 
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This is a price driven market, Southend will do well as long as itís offered cheaper than other South Eastern airports. If the ticket price goes up above the LGW and STN prices passengers will move away again. The danger is that EZY cannot sustain the expansion at SEN or that Ryanair move some flights there and push EZY out. Itís been a long time since EZY was committed to Stansted they are all about Gatwick these days.
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Old 18th Jun 2011, 12:44
  #1294 (permalink)  
 
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The problem STN has at the moment is that it has to be sold, This is stopping any good deals being offered to new Airlines, There are some very good slots for Transatlantic and Asian routes at Stansted and loads of check-in desks and gates available Stansted just needs to give unbeatable deals to any new Airline wishing to open new unserved routes. AirAsia is doing very well with very high loads many of their passenger take advantage of the low cost Airlines to discover Europe.

I still find it hard to understand why Satnsted does not have flights to -
Orlando, Las Vegas, New York, Toronto, Dubai I could go on and make a page long list but I wont, There are many 1000's of passengers north of the M25 who hate the fact that they have to risk the dreaded M25 to get to Gatwick or Heathrow for there flights.

Im sure most people who have to uses the M25 have a horror story of delays tail backs and even missed flights. I myself have had many heart racing moment trying to get to Gatwick and Heathrow the worst being a missed flight to MCO I left for what should have been a 1.5 hr drive door to door which ended up taking 5 hrs from Colchester Essex to Gatwick I gave myself three hours but even this was not enough I now stay in a Airport hotel when flying from LGW or LHR.

On another flight to SFO the flight was delayed 3 hrs due to over a 100 passengers and some crew being stuck on the M25, I know that traffic delays can happen anywhere but the M25 has to be the biggest carpark in the world.
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Old 18th Jun 2011, 18:39
  #1295 (permalink)  
 
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The AB STN-DUS flights have not been included in the new codeshare with BA. Does this mean:

1. They're about to be pulled from STN either completely or moved to LCY but they haven't quite got the slots yet?

2. LON - DUS is the only city pairing that both BA and AB serve and both are profitable so neither wants to dilute that by offering a codeshare.
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Old 18th Jun 2011, 18:53
  #1296 (permalink)  
 
Join Date: Jun 2011
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air berlin

if air berlin were to pull out of stn,maybe they could try their luck at sen
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Old 18th Jun 2011, 19:24
  #1297 (permalink)  
 
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daz-

The fact that Stansted has to be sold is not the reason why airlines are not moving there, or starting operations there. It is in BAA's interests for STN to be as busy as possible to enhance its value.
No, the problem is much more fundamental than that. Stansted is not the airlines' first choice of London airport. In fact, it could be the fifth or sixth choice.
Heathrow would be first choice for many, but is slot restricted and very expensive.
Gatwick is now a competitor with capacity, but not cheap. It is closer to affluent catchment areas than STN.
London City is closest to the City and very close to an affluent client base but is slot restricted, expensive and closed part of Saturday/Sunday.
Luton is better connected, has a far larger catchment population, but is congested at certain times.
Southend and Manston are cheaper, but distant from the capital.

At present there is surplus capacity in the south-east of England due to the recession and reduction in air travel, and the least attractive airport is suffering a loss of business as a result. Things will improve for Stansted when the other main competitors fill up, and traffic needs somewhere to go.
Don't forget that most of Stansted's business gains in the '90s and noughties were due to cross-subsidy and the fact that more attractive airports were full.
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Old 18th Jun 2011, 21:03
  #1298 (permalink)  
 
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I was talking more of the passengers point of view, I think having both of London's biggest Airport way south of London and on the bottom side of the M25 is just wrong. I dont care if it were STN or LTN but more longhaul flights are needed north of London, On a recent flight from LHR to LAX out of the few people I talked to there was a couple from Doncaster with two young children, A lady from Keswick in Cumbria and a family of 6 from Norwich they all hated the fact that they could not use an Airport North of London, All had drove to LHR and found it very stressfull.

So all I am saying is, If the few people I talked to,12 including me, All would have chosen to fly from an Airport North of London just how many people on that one flight traveled from north of London. The demand is there, Airlines are trying to save money so why not STN or LTN ?
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Old 18th Jun 2011, 22:25
  #1299 (permalink)  
 
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The demand is there, Airlines are trying to save money so why not STN or LTN
Maybe the airlines perceive that there is insufficient demand in the all important First and Business classes.

Remember Silverjet, Maxjet and Eos all flew from airports North of London unsuccessfully.
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Old 18th Jun 2011, 23:18
  #1300 (permalink)  
 
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So all I am saying is, If the few people I talked to,12 including me, All would have chosen to fly from an Airport North of London just how many people on that one flight traveled from north of London. The demand is there, Airlines are trying to save money so why not STN or LTN ?
What's wrong with airlines saving money? It's hard enough to make any. American Airlines recently operated STN-JFK and walked away. It's not just about demand from the women of Cumbria, it's about the wealthy and those filling business class up front that work on the M4 corridor. There is a critical mass at Heathrow that's impossible to replicate. Why else did CO walk away from EWR-BRS? They got more bang for their buck flying that little bit further to LHR.
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