DURHAM TEES VALLEY AIRPORT - 5
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Next year will be extremely bleak for DSA. The number of flights lost is frightening. There is nothing to show that it will buck the trend, and while I may have been a little hasty in saying it is in a worse position than MME, it certainly hasn't got much to look forward to.
Seems to be a pattern with Peel run airports.
Seems to be a pattern with Peel run airports.
There is of course the possibility that LPL is making a small profit, but losses at other airports push the group into a loss.
I seem to remember LPL being the one closest to breaking even.
I posted earlier that Teesside has an advantage over NEW and LBA. It also has an advantage over DSA and LPL, namely Chobham. Airport business is not just measured in pax nos. Chobham in the form of FRA and FPL bring valuable business to MME. Peel management should recognise this and build upon it. But no............ Chobham are preventing them closing the airport and developing the valuable land.
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Up for sale
Breaking News from The Northern Echo:
STRUGGLING Durham Tees Valley Airport has been put up for sale this lunchtime less than 18 months after its owners bought a controlling share.
Vancouver Airport Services, which bought a 65 per cent in the airport operators Peel Airports Limited in June 2010 after months of discussions, has made an annoucement today.
Full story here: Durham Tees Valley Airport up for sale (From The Northern Echo)
STRUGGLING Durham Tees Valley Airport has been put up for sale this lunchtime less than 18 months after its owners bought a controlling share.
Vancouver Airport Services, which bought a 65 per cent in the airport operators Peel Airports Limited in June 2010 after months of discussions, has made an annoucement today.
Full story here: Durham Tees Valley Airport up for sale (From The Northern Echo)
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Going Concern
I guess the real question is whether the potential buyer will buy the airport as a going concern? Also, are the owners marketing this sale to the industry or outsiders with no interest in running an airport?
This could be a good development....it could also be the end.
This could be a good development....it could also be the end.
Interesting that KLM 'confirm' the end of the LPL flights on the same day..
KLM axes Amsterdam link from Liverpool John Lennon airport - Liverpool Local News - News - Liverpool Echo
KLM axes Amsterdam link from Liverpool John Lennon airport - Liverpool Local News - News - Liverpool Echo
Join Date: Oct 2005
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More than likely Matt, that South side land hasn't been part of the airport for months.
As for KLM axing Liverpool, perhaps a good thing in a way? Given that only yesterday the rumour was they were going to axe us at the same time? Can't see them axing both routes separately.
As for KLM axing Liverpool, perhaps a good thing in a way? Given that only yesterday the rumour was they were going to axe us at the same time? Can't see them axing both routes separately.
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DTVAirport
This is a curious conclusion that you have arrived at. 
The announcement that DTV is up for sale is more than ever a critical issue in the viability of the airport. There is no need for KL to announce their withdrawal at this time, as their best strategy is to "sit on the fence". If KL are considering pulling out, then they risk serious bad press due to earlier statements, far better to wait & see what transpires. If they can't work with any potential future operator (i.e. agree to their terms!!) then they can easily pass the blame.
From PWC's point of view any sale as a going concern must surely require KL's AMS service which places them in a very strong negotiating position.
As a point Peel Holdings owned 75% of DTV. A 65% share of Peel Holdings was sold to VAS, yet all the dialogue here is "Peel" and as such their land development & previous track record over Sheffield.
Have any of you ever visited Sheffield when in operation, it was a small site on top of a hill !! & thus there was no chance of significant development, it was the councilors who were unable to grasp this concept and as such they took a deserved bath, unfortunately at the expense of the taxpayer.
Unsuprisingly then if one reviews the current response to the announcement that DTV is up for sale, then once again we have the council's starting to mouth off blaming all & sundry "Peel" when they themselves have done precious little in supporting DTV.
You had a situation with two inept sides, DTV management vs short sighted councillors, the result procrastination, while the world and your competitors move forward.
I said in my previous post that it would be extremely interesting to know as to what value "Peel" has placed on DTV, this should now be much more transparant now that the site is being placed on the market. .. Info please !
As for KLM axing Liverpool, perhaps a good thing in a way? Given that only yesterday the rumour was they were going to axe us at the same time? Can't see them axing both routes separately.
The announcement that DTV is up for sale is more than ever a critical issue in the viability of the airport. There is no need for KL to announce their withdrawal at this time, as their best strategy is to "sit on the fence". If KL are considering pulling out, then they risk serious bad press due to earlier statements, far better to wait & see what transpires. If they can't work with any potential future operator (i.e. agree to their terms!!) then they can easily pass the blame.
From PWC's point of view any sale as a going concern must surely require KL's AMS service which places them in a very strong negotiating position.
As a point Peel Holdings owned 75% of DTV. A 65% share of Peel Holdings was sold to VAS, yet all the dialogue here is "Peel" and as such their land development & previous track record over Sheffield.
Have any of you ever visited Sheffield when in operation, it was a small site on top of a hill !! & thus there was no chance of significant development, it was the councilors who were unable to grasp this concept and as such they took a deserved bath, unfortunately at the expense of the taxpayer.
Unsuprisingly then if one reviews the current response to the announcement that DTV is up for sale, then once again we have the council's starting to mouth off blaming all & sundry "Peel" when they themselves have done precious little in supporting DTV.
You had a situation with two inept sides, DTV management vs short sighted councillors, the result procrastination, while the world and your competitors move forward.
I said in my previous post that it would be extremely interesting to know as to what value "Peel" has placed on DTV, this should now be much more transparant now that the site is being placed on the market. .. Info please !
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Just taken from the BBC website
On this basis :-
is it being invested in?.. NO!
Is it being expanded? NO!
Is it working well?... NO!
Hardly "three greens" & easy to see as to how "DC" would vote !
As said then at least this forum should heed the advice
Incidentally who does own it? Everyone (BBC included) seems to ignore VAS, stating that Peel own 75% vs. the L.A.'s 25% stake.
AirportWatch | Peel sells airports stake to Vancouver Airport Services
P.S. I think I have worked it all out, judging by the image currently being used by the BBC & the Northern Echo web news pages to depict DTV, then the site is presumably being promoted as a prison
... who needs enemies 
Prime Minister David Cameron said: "The key thing about the future of Durham Tees Valley Airport, which is a vital airport, is not necessarily who owns it, but is it being invested in? Is it being expanded? Is it working well? That is the key question."
is it being invested in?.. NO!
Is it being expanded? NO!
Is it working well?... NO!
Hardly "three greens" & easy to see as to how "DC" would vote !
As said then at least this forum should heed the advice
is not necessarily who owns it,
AirportWatch | Peel sells airports stake to Vancouver Airport Services
P.S. I think I have worked it all out, judging by the image currently being used by the BBC & the Northern Echo web news pages to depict DTV, then the site is presumably being promoted as a prison
... who needs enemies
Last edited by skyman771; 14th Dec 2011 at 14:32.
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Well this looks like the end folks, to be honest I have already adapted. I quite enjoy the train ride to manchester and a nights stay in the Radisson Blu. I had the option of flying from Teesside this coming summer for a family holiday in Orlando but decided against it and booked from MAN instead due to worries I had about the airports viability. Shame it was business class flights too. My other trip presently booked for February is from MAN and my likely ski trip in January is also highly unlikely to be from MME either.
Why would anyone else want to buy a loss making airport I cannot see it.
Why would anyone else want to buy a loss making airport I cannot see it.
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I find it amazing how many just want to apportion blame and carry out a witch-hunt or post mortem on what went on, pointless.
The fact of the matter is 99% of thread posters, lurkers and writers have no clue as to the confidential negotiations, contract clauses or agreements.
Going forwards without a sense of blind optimism and some new found realism would seem to be in order.
The fact of the matter is 99% of thread posters, lurkers and writers have no clue as to the confidential negotiations, contract clauses or agreements.
Going forwards without a sense of blind optimism and some new found realism would seem to be in order.
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It's always sad when things like this happen. But although the hard product such as infrastructure and decorating cost money they could have went for the 'small and friendly' image. It wouldn't cost much - just a bit of training/replacing current dead wood.
My experience of MME is very poor. Dreadful attitude of security staff, indifferent customer service staff and a pretty poor cafe. I really won't miss it. It was lovely about ten years ago and always a pleasure. I think it's all well and good blaming the upper management but I feel people on the front line could do a lot better. I remember applying for a security pass a while back to hour build and I've never been treated with such contempt as the woman dealing with my request.
I feel sad we are losing a place to fly out of but feel the airport will be like a mini-Mirabel in a few years with a dormant terminal left standing and little or no activity. Sad.
My experience of MME is very poor. Dreadful attitude of security staff, indifferent customer service staff and a pretty poor cafe. I really won't miss it. It was lovely about ten years ago and always a pleasure. I think it's all well and good blaming the upper management but I feel people on the front line could do a lot better. I remember applying for a security pass a while back to hour build and I've never been treated with such contempt as the woman dealing with my request.
I feel sad we are losing a place to fly out of but feel the airport will be like a mini-Mirabel in a few years with a dormant terminal left standing and little or no activity. Sad.
A few questions, who owns what?
What is for sale?
Is it Peel or VAS who gets the money?
And most of all where is the Bmi millions going to go? 15 million was it, that would make a nice nest egg.
What is for sale?
Is it Peel or VAS who gets the money?
And most of all where is the Bmi millions going to go? 15 million was it, that would make a nice nest egg.
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The fact of the matter is 99% of thread posters, lurkers and writers have no clue as to the confidential negotiations, contract clauses or agreements.
You may well be right in what you say in regard to contract clauses and agreements etc but the majority of posters have DTV as their local airport.All they want is it to be successful.It may be wrong to apportion blame to existing or past management but something detrimental has happened to DTV to cause it to be in the predicament it finds itself in now.That's why they ask the questions how,why has it happened and whats being done to stop it?They put forward ideas for attracting new airlines,new destinations and more.They may subscribe to the blame game,witch-hunts but at the end of the day what they are after is that DTV will still exist as their local airport.
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Announced tonight - Peel have put up DTV for sale as airports are no longer in their interest! The airport will stay open in the meantime.
Reference Tyne Tees TV. 6pm.
Reference Tyne Tees TV. 6pm.
Why have we got where we are? Not enough people are prepared to pay enough money for airlines to make a profit. Full stop. This might have been exacerbated by some of their actions, LA actions, etc, etc but that's the bottom line.
It can't all be down to Peel as they've done it at LPL - expanded that from nothing (or as near as you can get!) with a major competitor just up the road and by all accounts made a fair few bob from developing the surplus land.
I'm sure their plan was to repeat the trick but I just don't think there is the underlying demand to make it pay.
If it's that important to Cobham, perhaps they'll put in a bid (minus all the surplus land) and it can become a company airfield - anybody else likely to be interested??
It can't all be down to Peel as they've done it at LPL - expanded that from nothing (or as near as you can get!) with a major competitor just up the road and by all accounts made a fair few bob from developing the surplus land.
I'm sure their plan was to repeat the trick but I just don't think there is the underlying demand to make it pay.
If it's that important to Cobham, perhaps they'll put in a bid (minus all the surplus land) and it can become a company airfield - anybody else likely to be interested??
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Peel have put up DTV for sale as airports are no longer in their interest!
Not so - only DTV as the other airports under Peel are not affected.
Statement from Peel below.
Wednesday, 14 December 2011
Peel Airports Limited has decided to sell the majority shareholding it holds in Durham Tees Valley Airport. As a consequence, PwC have been appointed to actively seek a buyer for these shares and to oversee any subsequent sale process.
Peel Airports has made this decision as Durham Tees Valley Airport no longer fits within the company’s strategic plans for its portfolio of airports.
Durham Tees Valley Airport will continue to operate as normal during this process with passengers due to travel over the coming weeks and employees based at the Airport unaffected by this decision.
75 per cent of Durham Tees Valley Airport is currently owned by Peel Airports Limited with the six local authorities owning the remaining 25 per cent.