DURHAM TEES VALLEY AIRPORT - 5
winter figures
interesting summary.With nothing extra planned does anyone think there may be restricted opening hours to come?
Looks like we hold even...ish for 2014...now for 2015!!
Looks like we hold even...ish for 2014...now for 2015!!
Doing a back of the envelope calculation...
In 2012, MME saw the following passengers to Spanish airports
Alicante - 7,758 (all charter)
Palma - 9,058 (all charter)
Tenerife - 8,000 (all charter)
The planned Ibiza flights will like the Palma flights be a 1x weekly trip for the same number of weeks in the summer. We might guess that the Ibiza route will perhaps have roughly the same number of passengers as Palma - so MME-Spain in 2014 might gain about 9,058 passengers in summer, while MME loses 15,758 passengers in the winter, compared to 2012
Net result - loss of about 6,750 passengers to/from Spain or about 4% of annual passenger load in 2014 compared to 2012
In 2012, MME saw the following passengers to Spanish airports
Alicante - 7,758 (all charter)
Palma - 9,058 (all charter)
Tenerife - 8,000 (all charter)
The planned Ibiza flights will like the Palma flights be a 1x weekly trip for the same number of weeks in the summer. We might guess that the Ibiza route will perhaps have roughly the same number of passengers as Palma - so MME-Spain in 2014 might gain about 9,058 passengers in summer, while MME loses 15,758 passengers in the winter, compared to 2012
Net result - loss of about 6,750 passengers to/from Spain or about 4% of annual passenger load in 2014 compared to 2012
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Winter 2014/15
I would assume that the return of Thomson for Winter 2014/15 would depend on their analysis of passenger data for their other northern airports during 2013/14. How many previous customers booked out of their other airports? How many customers came from the Teesside catchment area. How many did they lose by not using Teesside. It's all a question of balance. If they lost enough to make reinstating the flights viable then they might do so. If the bulk of their regular customers were happy to fly from another airport - and have a much wider choice of destinations - then bye-bye Thomson for the winter!
These winter flights were almost full for the past few years there must be an oportunity for someone to come in and operate them, but we have said this for other flights.
The flights to the sand pit seem to have stopped so that could be another loss of passenger numbers and revenue.
The flights to the sand pit seem to have stopped so that could be another loss of passenger numbers and revenue.
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First rule of airline economics: A full flight does not necessarily mean an airline (or tour operator) has made any money. Simply, volume x yield = revenue against which operating costs and overhead etc. are offset in the hope of making money. Now which investor was it who said "If only someone had shot the Wright Brothers down at Kittyhawk?"
Quote
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Report out
DTV press release.
Peter Nears says he's got 120 pages to look through about passenger tax.
http://www.durhamteesvalleyairport.com/press-releases
Vince Cables in the north east today handing out RGF money, did Peel win any on their bid?
Peter Nears says he's got 120 pages to look through about passenger tax.
http://www.durhamteesvalleyairport.com/press-releases
Vince Cables in the north east today handing out RGF money, did Peel win any on their bid?
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Time to make a deal with the Devil offer Easyjet Ryanair and Norweigan almost zero landing fees and in return theyd have to bring lots routes at once.
Domestic, Ireland.
And perhaps Ezy. Lets see some competition.
For every new route given for the period of one year the airport should pay the apd and scrap the passenger tax.
Fix the retail. Tidy up n hope it works..
After all Ryr would probably be interested in suxh a deal and ditto the same for Dsa
Domestic, Ireland.
And perhaps Ezy. Lets see some competition.
For every new route given for the period of one year the airport should pay the apd and scrap the passenger tax.
Fix the retail. Tidy up n hope it works..
After all Ryr would probably be interested in suxh a deal and ditto the same for Dsa
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Think tank exposes Peel in 200 page report.
Heard about this at the local pub.
A think tank research group has issued a 200+ page report into what it calls legal tax avoidance by a certain company.
ExUrbe states that Peel have 320 registered companies and that there is "no doubt that legal tax avoidance is being practised"
Page 2 of the press article.
http://www.liverpooldailypost.co.uk/...23-32983337/2/
Part of the article.
A think tank research group has issued a 200+ page report into what it calls legal tax avoidance by a certain company.
ExUrbe states that Peel have 320 registered companies and that there is "no doubt that legal tax avoidance is being practised"
Page 2 of the press article.
http://www.liverpooldailypost.co.uk/...23-32983337/2/
Part of the article.
Peel declined to make any comment on the ExUrbe report.
"Complex web of Peel companies exposed by think tank Exurbe
PEEL has 320 registered companies and subsidiaries in the UK, according to the Exurbe research.
The think tank said there is “no doubt” Peel practices legal tax avoidance.
It notes that this is not uncommon for a conglomerate but makes probing into its “labyrinthine” affairs difficult.
Its ultimate parent company is called Tokenhouse Limited, registered off shore in the tax haven of the Isle of Man.
And the ultimate controlling entity of Peel’s companies is the Billown Trust, established by chairman John Whittaker.
The Billown Trust owns 73% of Peel.
The remainder of Peel is owned by Saudi Arabian firm the Olayan Group.
Olayan has a vast array of interests across the globe.
Exurbe’s report also poses the question as whether Peel practices ‘Predatory Capitalism or Providential Corporatism’?
After examining the company’s modus operandi in 200-plus pages Exurbe leaves open the question and says ultimately it is for the reader to decide."
"Complex web of Peel companies exposed by think tank Exurbe
PEEL has 320 registered companies and subsidiaries in the UK, according to the Exurbe research.
The think tank said there is “no doubt” Peel practices legal tax avoidance.
It notes that this is not uncommon for a conglomerate but makes probing into its “labyrinthine” affairs difficult.
Its ultimate parent company is called Tokenhouse Limited, registered off shore in the tax haven of the Isle of Man.
And the ultimate controlling entity of Peel’s companies is the Billown Trust, established by chairman John Whittaker.
The Billown Trust owns 73% of Peel.
The remainder of Peel is owned by Saudi Arabian firm the Olayan Group.
Olayan has a vast array of interests across the globe.
Exurbe’s report also poses the question as whether Peel practices ‘Predatory Capitalism or Providential Corporatism’?
After examining the company’s modus operandi in 200-plus pages Exurbe leaves open the question and says ultimately it is for the reader to decide."
Many companies try to minimise their tax bill - it's why big accountancy firms hire so many bright graduates each year - go look up 'careers in tax advisory' at a firm like KPMG if you don't believe me.
Peel is a large company - DTV is just a small part in their operations.
Peel is a large company - DTV is just a small part in their operations.
Transport hub needed at Durham Tees Valley
Transport hub needed at Durham Tees Valley if passengers are to return, airport owners claim (From The Northern Echo)
If the owners want a transport hub, perhaps they should build one...
Simples!
If the owners want a transport hub, perhaps they should build one...
Simples!
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Transport hub needed at Durham Tees Valley
Exactly what's needed: move the station nearer the airport, and have trains stop there.
Public transportation to/from MME was appalling in 2008 (last visit), doubt if it's any better now.
Guess it's the old chestnut: no demand so it isn't done; it isn't done, so there's no demand.
Public transportation to/from MME was appalling in 2008 (last visit), doubt if it's any better now.
Guess it's the old chestnut: no demand so it isn't done; it isn't done, so there's no demand.