DURHAM TEES VALLEY AIRPORT - 5
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Beafer, Liverpool are owned by a different company, Vantage Airport Group, be as it may through their shareholding of a Peel subsidiary, but Peel have allowed VAG full control and have little or no influence in LPL anymore
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Peel Group news
Didnt know about the losses due to share swaps.
It looks like swings and roundabouts to move money about.
Could it be for tax reasons?
Peel Group news.
The Peel Group - Wikipedia, the free encyclopedia
part of the wiki site comments.
"The final addition to the Peel Airports portfolio was Durham Tees Valley Airport, with a 75% stake being bought in 2003 - ownership of the remaining 25% of DTVA was retained by several local councils.[11][13]
Results were mixed, and The Peel Group began looking for an outside investor for Peel Airports.
In June 2010 it was announced that Vantage Airport Group (formerly Vancouver Airport Services) had bought a 65% shareholding in Peel Airports, while The Peel Group retained the remaining 35%.
The new management team at Peel Airports quickly began disposing of assets, selling them back to The Peel Group. First to go was City Airport Manchester in 2011, followed by Durham Tees Valley Airport in February 2012.
Sale of the loss-making DTVA resulted in a one-off impairment charge of £8.8m, causing Peel Airports' losses to rise from £3.2m to £11.4m.
The same year, Robin Hood Airport made an operating loss of £3.4m (down from £3.7m the previous year) and in December 2012 it was announced that this airport had also been sold back to The Peel Group.
By January 2013, only Liverpool John Lennon Airport remained in the ownership of Peel Airports.
It looks like swings and roundabouts to move money about.
Could it be for tax reasons?
Peel Group news.
The Peel Group - Wikipedia, the free encyclopedia
part of the wiki site comments.
"The final addition to the Peel Airports portfolio was Durham Tees Valley Airport, with a 75% stake being bought in 2003 - ownership of the remaining 25% of DTVA was retained by several local councils.[11][13]
Results were mixed, and The Peel Group began looking for an outside investor for Peel Airports.
In June 2010 it was announced that Vantage Airport Group (formerly Vancouver Airport Services) had bought a 65% shareholding in Peel Airports, while The Peel Group retained the remaining 35%.
The new management team at Peel Airports quickly began disposing of assets, selling them back to The Peel Group. First to go was City Airport Manchester in 2011, followed by Durham Tees Valley Airport in February 2012.
Sale of the loss-making DTVA resulted in a one-off impairment charge of £8.8m, causing Peel Airports' losses to rise from £3.2m to £11.4m.
The same year, Robin Hood Airport made an operating loss of £3.4m (down from £3.7m the previous year) and in December 2012 it was announced that this airport had also been sold back to The Peel Group.
By January 2013, only Liverpool John Lennon Airport remained in the ownership of Peel Airports.
something positive for a change
DTV new development ??
Pub talk...new development on the horizon...apparantely a Parachute firm/company are looking for approval to set up business...I kid you not!!
Now KLM would be happy to hold off while the para drop is complete..!!!!!
But I suppose its extra revenue?
Now KLM would be happy to hold off while the para drop is complete..!!!!!
But I suppose its extra revenue?
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Look at the performance of the UK regional market in general from it's peak in 2007.
Airports that were handling less than 2m at the peak have declined by 40%.
Airports that were handling between 2m - 6m at peak, have declined by 15%
Airports that were handling over 6m, have declined by 7%
The London market has declined by 2%.
Teesside is the worst performer in the 'less than 2m' category (with the exception of Coventry, which closed). Newcastle is the second worst performer in the 2m - 6m category. When you group airports together regionally, the performance reads as
-2% : London / SE
-10%: Yorks & Humberside
-11%: Scotland
-12%: North West
-12%: Northern Ireland
-14%: Midlands
-16%: South West & Wales
-28%: North East
In summary, Teesside performance has mirrored that of pretty much all other 'small' airports, a situation made worse by the fact it exists in a region that has fared disproportionately worse than the market in general.
Airports that were handling less than 2m at the peak have declined by 40%.
Airports that were handling between 2m - 6m at peak, have declined by 15%
Airports that were handling over 6m, have declined by 7%
The London market has declined by 2%.
Teesside is the worst performer in the 'less than 2m' category (with the exception of Coventry, which closed). Newcastle is the second worst performer in the 2m - 6m category. When you group airports together regionally, the performance reads as
-2% : London / SE
-10%: Yorks & Humberside
-11%: Scotland
-12%: North West
-12%: Northern Ireland
-14%: Midlands
-16%: South West & Wales
-28%: North East
In summary, Teesside performance has mirrored that of pretty much all other 'small' airports, a situation made worse by the fact it exists in a region that has fared disproportionately worse than the market in general.
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As a regular user of Teesside Airport (15 trips or so this year) I am used to paying around £300-£600 for flights to Europe via Amsterdam for work (in economy).
Me and the missus were looking for somewhere to go for a weekend in October and for a giggle I searched for Teesside-Amsterdam and got a price of £97 return each including taxes. This was out on Friday back on Sunday with a choice of flight times.
Seems obvious that KLM would offer good deals to Amsterdam at the weekend given the bias of the KLM flight towards business users who are normally flying the other way but I was surprised that there is no publicity of a £97 return weekend flights in the local area.
Me and the missus were looking for somewhere to go for a weekend in October and for a giggle I searched for Teesside-Amsterdam and got a price of £97 return each including taxes. This was out on Friday back on Sunday with a choice of flight times.
Seems obvious that KLM would offer good deals to Amsterdam at the weekend given the bias of the KLM flight towards business users who are normally flying the other way but I was surprised that there is no publicity of a £97 return weekend flights in the local area.
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Peel video
Peel have a new video out.
All their airports are shown it it. Not sure if they had all the staff line up outside the terminal when it came to passengers using DTV's front door in their bit.
Its certainly a big Empire. Shame there was no investment in DTV like the rest of it.
Video Gallery - The Peel Group
All their airports are shown it it. Not sure if they had all the staff line up outside the terminal when it came to passengers using DTV's front door in their bit.
Its certainly a big Empire. Shame there was no investment in DTV like the rest of it.
Video Gallery - The Peel Group
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All very interesting, but no minutes of meetings and no calendar of upcoming meetings so members of the public can turn up and find out what's going on.
Also, note the first function is listed as "Advising the Airport Director on matters which she may refer to the Committee". The last female director of the airport left in April 2010. Nuff said.
NS
Also, note the first function is listed as "Advising the Airport Director on matters which she may refer to the Committee". The last female director of the airport left in April 2010. Nuff said.
NS
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The last female director of the airport left in April 2010. Nuff said.
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Billown Mansion where the DTV owner lives
Re: Billown Mansion, it has some nice deck chairs on the terrace. Google earth 54.05.30.94" N 4.39.39.00" W
Wonder if Del boy did the chandeliers there, as its had a few film productions in the past.
Browse Locations by Category - Isle of Man Film
Colour me kubrick was filmed there in 2003.
Wonder if Del boy did the chandeliers there, as its had a few film productions in the past.
Browse Locations by Category - Isle of Man Film
Colour me kubrick was filmed there in 2003.
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Who's running DTV - Anyone there?
Not much coming out of DTV or Peel these days. Dont hear much from Peter Nears, I wonder if I should book a ticket to see what he's doing about improving DTV Airport or is he too busy elsewhere?
Liverpool – The Atlantic Gateway – The Future
Wednesday, 16th October 2013
1530hrs to 1900hrs
Liverpool Town Hall
This will be an amazing event; we have SEVEN Board Members form the Atlantic Gateway on a panel to present their joint plans for the future; and then to discuss their individual roles and answer all the questions you have. They have over £14bn of planned investment!!!!
Liverpool ? The Atlantic Gateway ? The Future - Built Environment Networking Ltd
Peter Nears; Strategic Planning Director, Peel Holdings and Board Director for Atlantic Gateway.
Peter joined the Peel Group in 1988.
His responsibilities include the progression of development schemes and the promotion of Group assets within strategic planning and economic policy.
He is a Member of the Royal Town Planning Institute, Fellow of the Institute of Logistics & Transport, Academician of the Academy of Urbanism, Fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce and is also a Visiting Professor in the Department of Civic Design, School of Environmental Sciences, University of Liverpool.
He sits on a number of public private Partnership Boards.
He is Chair of Liverpool SuperPort, Member of the Liverpool City Region LEP, Member of the North West Business Leadership Team, Member of the Liverpool South Mayoral Board and a Member of the Atlantic Gateway Partnership Board.
Prior to joining Peel, Peter worked as an Historic Buildings Officer at Durham County Council and Macclesfield Borough Council........
Lots of experience at running an airport like DTV then eh??
Liverpool – The Atlantic Gateway – The Future
Wednesday, 16th October 2013
1530hrs to 1900hrs
Liverpool Town Hall
This will be an amazing event; we have SEVEN Board Members form the Atlantic Gateway on a panel to present their joint plans for the future; and then to discuss their individual roles and answer all the questions you have. They have over £14bn of planned investment!!!!
Liverpool ? The Atlantic Gateway ? The Future - Built Environment Networking Ltd
Peter Nears; Strategic Planning Director, Peel Holdings and Board Director for Atlantic Gateway.
Peter joined the Peel Group in 1988.
His responsibilities include the progression of development schemes and the promotion of Group assets within strategic planning and economic policy.
He is a Member of the Royal Town Planning Institute, Fellow of the Institute of Logistics & Transport, Academician of the Academy of Urbanism, Fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce and is also a Visiting Professor in the Department of Civic Design, School of Environmental Sciences, University of Liverpool.
He sits on a number of public private Partnership Boards.
He is Chair of Liverpool SuperPort, Member of the Liverpool City Region LEP, Member of the North West Business Leadership Team, Member of the Liverpool South Mayoral Board and a Member of the Atlantic Gateway Partnership Board.
Prior to joining Peel, Peter worked as an Historic Buildings Officer at Durham County Council and Macclesfield Borough Council........
Lots of experience at running an airport like DTV then eh??
Last edited by Northbound A1; 17th Sep 2013 at 18:36. Reason: Previous experience as a council man
As its only been announced in the last day or two, give him chance! Doubt we'll hear anything until the planning meeting unless the airport issues something themselves.
Always wondered about this argument, there are some massive wind turbines very near to East Midlands and also Hahn in Germany (and two not far from Newcastle), where as other airports seem to object to anything anywhere near.
Always wondered about this argument, there are some massive wind turbines very near to East Midlands and also Hahn in Germany (and two not far from Newcastle), where as other airports seem to object to anything anywhere near.
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Thisvis another example of councils and reality nevervhaving met.
Dsa has a while load of them already up on nr thorne on the approach to 20.
To the east they are building 37 more.
I wish I had land id sell these energy farms it in a heartbeat hell id let them put one in my garden, Given the 80000 or 100000 payment every year.
Dsa didnt object to those.
Dsa has a while load of them already up on nr thorne on the approach to 20.
To the east they are building 37 more.
I wish I had land id sell these energy farms it in a heartbeat hell id let them put one in my garden, Given the 80000 or 100000 payment every year.
Dsa didnt object to those.
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I know things are possibly the quietest they've ever been in the history of DTVA at the moment, but nevertheless me thinks people are clutching at straws now to keep this thread active.
Really - who actually gives a about drilling rigs, mansion's, Liverpool or wind turbines???
Really - who actually gives a about drilling rigs, mansion's, Liverpool or wind turbines???
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The 500k price tag has been discussed to death many times, I think the chances of the airport closing to fracking are a million to one and as someone else pointed out, many other airports have wind turbines on their doorstep without them effecting ops.
And if you're suggesting I'm part of Peel you're very much mistaken, I do try/want to support them but they make it very difficult at times and I would certainly not shed a tear were they to leave. Besides, if they did want this thread shut down, I'm sure they would effortlessly be able to do it.
As for your Peter Foster question (the third time you've asked if I recall, and I would have thought there'd be more appropriate persons to ask than those on here), my understanding is that the airport has the utmost respect for Peter given his 40 years loyal service, but sadly he's become an old man with old ideas (I assume you've had a conversation with him? Whenever he talks about airport development it's stuff that's been and gone long ago, such as the Skylink development) and it'll take someone with more, what's the word, influence, to gain a response from Peel.
And also just to re-clarify, the director didn't simply walk-out, but had a more important business meeting to go to.
And if you're suggesting I'm part of Peel you're very much mistaken, I do try/want to support them but they make it very difficult at times and I would certainly not shed a tear were they to leave. Besides, if they did want this thread shut down, I'm sure they would effortlessly be able to do it.
As for your Peter Foster question (the third time you've asked if I recall, and I would have thought there'd be more appropriate persons to ask than those on here), my understanding is that the airport has the utmost respect for Peter given his 40 years loyal service, but sadly he's become an old man with old ideas (I assume you've had a conversation with him? Whenever he talks about airport development it's stuff that's been and gone long ago, such as the Skylink development) and it'll take someone with more, what's the word, influence, to gain a response from Peel.
And also just to re-clarify, the director didn't simply walk-out, but had a more important business meeting to go to.
Last edited by Robert-Ryan; 22nd Sep 2013 at 22:03.