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DURHAM TEES VALLEY AIRPORT - 5

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DURHAM TEES VALLEY AIRPORT - 5

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Old 30th Jun 2012, 17:01
  #2081 (permalink)  
 
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Northbound A1
Did Peel buy the 2 or 3 farms and farm land (near the southside land) which was up for sale and commented on earlier in this thread?
Making an enquiry on the Land Registry Office website (for a fee!) is probably the only way you are going to obtain any information. I can't see as to any of those contributing to this forum being in a position to help.
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Old 2nd Jul 2012, 16:22
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Northbound A1
Just a comment on the amount of data you are referring to on numerous links. I feel that you are now substantially diluting the focus of this thread. Whilst I share many common views as to Peel's objectives, perhaps a more appropriate way of directing attention to your concerns is to consider opening a separate Peel ("haters"?) thread !
All the financial information provided in your numerous links is obtianable from "ONE" site, Companies House on their webcheck link". The sites you have attached links to, merely appraise this data and offer little else.
As a point of thought, Peel may be considered as today's villains, but they could not have envisaged being in their current position if it were not for the incompetence of yesterday's "lunatics" that ran "the asylum" long before Peel were on the scene at MME.
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Old 2nd Jul 2012, 18:06
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Skyman, I agree. This is getting so boring. We all know Peel shafted the airport in the past.
Go look at all the other airports in the North and see what their finances are like.

Let's say the banking crisis gets worse and the banks decide to call in the debt. Who would be left standing....... Mmmm......... I think DTVA will still be there.
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Old 2nd Jul 2012, 23:18
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Just to clear a couple of things up once and for all, I've had it confirmed by a couple of sources that:

# The Lourdes passengers were definitely not charged the £6 PFF

# The south side land belongs to the airport and not some other Peel division

Furthermore, from what I've seen and heard since the takeover, Peel no longer have a hidden agenda of any kind and money is being invested behind the scenes.

I know this will be too much for certain black-and-white-tinted spectacles-wearing folks who are probably just scared of the prospect of a little competition to believe, but trust me, effort is now being made - serious effort.

If I was to make a controversial comment, I'd say I hope the damage caused by the previous regime is not permanent, but again, from what I've seen and heard, there is more than enough opportunity to (in the long term) build a very nice little operation and I can assure you Durham Tees Valley Airport ain't going nowhere.

Last edited by DTVAirport; 2nd Jul 2012 at 23:19.
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Old 3rd Jul 2012, 06:32
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And in addition to DTVAs comment the firemen are getting two more extra staff and not getting employed by another company.
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Old 3rd Jul 2012, 07:05
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The south side land belongs to the airport and not some other Peel division
But the airport itself is owned by another Peel company, it's not an independent entity?

Peel no longer have a hidden agenda of any kind and money is being invested behind the scenes.
So by implication there was a hidden agenda before??

Good to hear that money is being invested behind the scenes and I'm sure everybody is looking forward to seeing the impact of this. My concern is whether there is sufficient commitment to keep on investing and supporting losses until there are some decent returns.

Is this a genuine investment approach, or are Peel putting in just enough to keep things ticking over and be seen to be making an effort and keep the local politicos sweet?

the damage caused by the previous regime
isn't the previous regime largely the current regime? What's changed?
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Old 3rd Jul 2012, 07:16
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DTV improvements

All the effort behind the scenes will not come to anything if there are no airlines willing to commit and no passengers willing to fly from our local airport.

Facts remain no sign of any improvements this or (so far) next year in extra flights.June figures out in a wek or so and as usual will show the huge decline continues.Its not a bottomless pit(or is it)
It may be taken out of our hands if peel decide they can not sustain their losses?Hope they dont bank with barclays!!

Oh well look forward to some good news soon...
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Old 3rd Jul 2012, 09:06
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SWBKCB - yeah the south side is still owned by Peel obviously, but it's the same Peel that own the airport and not a different Peel, so the fenced off land is no longer separate and I believe the fence will eventually come down.

I think it's pretty clear there was a hidden agenda before, you'll be hard pushed to find anyone at the airport who disagrees. As for what's changed, the entire managerial team has changed for one, remember, Hugh Lang was seen clearing his office under supervision!! (Slightly off topic, but it's also worth noting Prestwick only got busy after he left). Also, a lot of the Peel staff are different now as well.

highwideandugly - as much as Peel are trying to get airlines in and as much as we'd all like to see airlines in, the four walls of the terminal are only a small percentage of an airports business.

People look at Newcastle and Leeds and think they're successful but they're really not, look at how much debt Newcastle is in, the airlines are reportedly paying next to nothing.

Last edited by DTVAirport; 4th Jul 2012 at 14:42.
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Old 3rd Jul 2012, 09:49
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Smile DTV finances

DTV interesting points about Newcastle and Leeds.Cant really speak with any authority on the mess they are in,but it begs the question if the airlines are paying next to nothing to operate through there how can DTV attract anyone.Does it mean we like Leeds will have to pay a vast amount of money just to cover potential losses? im sure its not going to work that way.
I thought Newcastle were refinancing so that they will be OK in the future??

You say its not just the passenger through put(thank goodness) that matters.But can anyone give a run down on what business is actually making money for the airport? ?? I know Cobhams(rumoured to be cutting back) and the Falcons (probably reducing in the future due to aircraft replacement needs-Falcons cant go on forever and the RAF scale backs) What else generates enough cash to keep the airport going on a day to day business-Anyone??

interesting times continue but I love the optimism..we need you on the peel/airport board of directors!!
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Old 3rd Jul 2012, 21:17
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Hugh Lang was seen clearing his office under supervision!!
But did Hugh (or anybody else based locally) ever have any power?

Don't forget it was Vancouver (professional airport operators) who decided that they didn't want DTVA in their toybox and when they chucked it out it was Peel (professional property developers) who picked it up again.

And was Sheffield City ever going to be a success when it could only take Fk.50/Atr size aircraft? LPL is a far better comparison for DTVA - underused aviation facilities surrounded by plenty of developable land. The question is are Peel prepared to spend the money or are they just going through the motions?
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Old 4th Jul 2012, 09:45
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Sheffield was probably never going to be a success given the restrictions of the site, but I think the wider point is that Peel were able to recognise that, and then effectively get the development land at a cost lower than might otherwise be expected. NorthboundA1 is demonstrating that they have a bit of a track record in this respect, and then accessing more public funding for the developments (there's nothing wrong with a commercial business exploiting every opportunity that they are able to recognise and take advantage of). However, the frustration with us local rate-payers to MME is that our councils and quangos seem to have failed to recognise Peel's modus-operandi, and therefore may be guilty of the same giveaway of an asset that we as ratepayers have invested in, and then coughing up more public funding for the development.
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Old 4th Jul 2012, 09:58
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Airports earn money in many ways, of course, and landing fees and parking fees assume reduced importance if they can generate income from retailing, car parking and so on. But most important of all will be income from MROs and other based servicing and industrial/commercial organisations. SEN managed to keep going for years without scheduled services and made a small but viable profit from its MROs which included ATC Lasham, Air Livery and many others. My point is that well managed airports can survive without making money from landing fees.......
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Old 4th Jul 2012, 11:39
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there's nothing wrong with a commercial business exploiting every opportunity that they are able to recognise and take advantage of
I understand Barclays Bank have been quite good at following that philosophy.
NS
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Old 4th Jul 2012, 14:03
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Aaaah NS, but so far I don't think Peel have been accused of cheating !
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Old 4th Jul 2012, 14:41
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Perhaps, like Barclays until a couple of days ago, no-one's looked yet because we're all supposed to believe nowadays that
there's nothing wrong with a commercial business exploiting every opportunity that they are able to recognise and take advantage of
NS
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Old 4th Jul 2012, 16:48
  #2096 (permalink)  
 
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In any commercial organisation there is always a temptation to do things which would look bad if exposed publicly. Barclays just happened to have been caught doing the bad stuff.

While not wishing to cast aspersions I believe every significant airline and airport in the UK has its own dark secrets - they just haven't been uncovered.
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Old 11th Jul 2012, 19:20
  #2097 (permalink)  
 
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Its been a while.

The Empire spin machine is back in action.
Its all about logistics, and dont forget to spread the word about KLM.
Durham Tees Valley Airport's hopes for Southside plan - Business News - News - nebusiness.co.uk

Evening Gazette 11th July 2012.
"AIRPORT bosses drummed up support for their major new logistics project at the Tees Valley Business Summit.
Durham Tees Valley wants to strengthen links with Teesside’s business community.
It’s hoped the airport’s RGF bid for £5.9m will succeed in securing funds for its major Southside Development, a business and logistics project that will create around 1,500 new jobs.
The project will see 150 acres of land south of the airport runway developed - and the extra activity it will generate will also safeguard existing jobs.
Peter Nears, left, Strategic Planning Director for Durham Tees Valley, said yesterday: “We want to spread the word about our existing KLM service and the RGF bid as supported by TVU.
“We hope it will help us take forward our Southside Development, which is focused particularly on logistics and various aviation-related companies.
“Whilst we’re promoting our passenger services, it’s also important to build up activity in general and business aviation.”
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Old 11th Jul 2012, 19:48
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Now I know why they get a nod and a wink!

You wont believe your eyes reading this!!
People wondered why Peel bought Barton and other fields, now you know why.

The Chinese have landed, and Peel are being funded by them

So that’s why Peel Holdings wanted Barton Aerodrome – So China could fly iPod’s to Europe cheap from the Atlantic Gateway | Robert Leather's Blog

Now we know why they get so much government money and planning permission

Forget Barclays, the MP's should be more concerned about this lot!
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Old 11th Jul 2012, 20:21
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Looks like you have been busy during your week off Northbound A1.
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Old 11th Jul 2012, 21:19
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Flying goods from Barton!!! God that makes me laugh. Has the author of the blog been taking drugs? Has he ever flown into Barton?

You'd be lucky to get a decent sized span can with 4 people out of Barton. Ask Alan Sugar.
You may get a commercial freight carrying 747, but only if you craned it over the fence!! FFS get a life.

Northbound A1. Do you believe everything you read. You've obviously got no idea what so ever about airports. You've banged your drum once to often and shown what a plonker you are. Keep driving Northbound on the A1 and eventually you'll come to Edinburgh and meet up with another bunch of whinging gits.

Last edited by papa oscar; 11th Jul 2012 at 21:56.
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