DURHAM TEES VALLEY AIRPORT - 5
Gotcha!!!
Smoke,mirrors,revolving doors you name it we do it PEEL !!
short term great news for the staff and thats what matters.
Long term...well really nothing changes?
Investment = doubtful
New routes = doubtful
development = doubtful
I can see cuts to an already teetering infrastucture and my crystal ball tells me that in a few months time...probably this time next year the headline will be...
"well we tried our best but the good folk of Teesside didnt care"
at the end of the day Peel were not able /didnt have the courage to make a clean cut.. well its their money and shareholders..
short term great news for the staff and thats what matters.
Long term...well really nothing changes?
Investment = doubtful
New routes = doubtful
development = doubtful
I can see cuts to an already teetering infrastucture and my crystal ball tells me that in a few months time...probably this time next year the headline will be...
"well we tried our best but the good folk of Teesside didnt care"
at the end of the day Peel were not able /didnt have the courage to make a clean cut.. well its their money and shareholders..
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Gobsmacked - even if it had closed, I thought after five+ years with a continuous question mark over the airports head we were finally reaching a conclusion - now we're back to square one!
Peel had better start showing an interest this time around otherwise the staff need to get together and start asking questions and seeking safeguards.
Peel had better start showing an interest this time around otherwise the staff need to get together and start asking questions and seeking safeguards.
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I was going to ask what could they possibly hope to build in the current climate then I remembered land is more valuable with planning permission on it - so they could apply to build the worlds largest bouncy castle and still achieve their goal probably.
I'm rather suspicious of this. Why would a large company want to transfer shares in an airport between two of its subsidiaries ? I can only guess that there is a plan behinx all this which has yet to be revealed - and I doubt it's favourable to increasing the scope of passenger operations at the airport
Ok , so Vantage / Vancouver have sold out completely, leaving Peel Group with effectively full control and responsibility. Unless Peel Group and Vantage previously had a fundamental difference of opinion as to how to turn the airport around, I don't see how this helps passenger operations. I can only assume Vantage had had enough of the management time and cost involved and that Peel have a plan for alternate use of some of the land
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Peel has been wishing to invest in providing aviation services outside of just running airports for some time, but VAS disagreed. This comes from a certain someone who recently 'peeled away' from Peel management. DTVA is likely to become a base for a ac maintenance and livery painting company who is based also at Southend and another airport it is named after.
Join Date: Dec 2011
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Peel Inc, Peel Holdings, Peel Airports, Peel an orange!
I know you'll all agree that I think the Empire (Peel) are up to no good, but this has to be the best share shuffle I've ever seen!
I had a look back at some of Peels latest statements about DTV and this one is classic Peel spin.
Durham Tees Valley Airport owner confident buyer can be found (From The Northern Echo)
And another in the Echo on 14th Dec 2011. "STRUGGLING DTV Airport has been put up for sale this lunchtime. Peel Airports Limited has made the announcement today saying the airport "no longer fits its strategic plans".
In a statement, Peel said: "Peel Airports Limited has decided to sell the majority shareholding it holds in Durham Tees Valley Airport.
Durham Tees Valley Airport up for sale (From The Northern Echo)
Has this latest U turn because too many MP's and councils are making waves and Peel know they wouldnt get away with the land on the south side without being scrutinised too much?
OR has it just been a clever tax dodging excercise between Peel and VAS who only arrived a year ago and still have the shares in the other Peel airports?
BBC News - Durham Tees Valley Airport's future secured by takeover
Notice the bit about the new Peel Investment company here:
"Peel Airports Limited has been asked by the Peel Investments to act in an advisory role to assist with the day to day operations at the airport." ????
You dont have to be Einstein to realise that Peel have been found out and they didnt manage to pull off another Sheffield Airport closure
What now? They rolled the ex baggage handler out tonight on Tyne Tees News to say that the Peel Empire was now going to work hard to pull in the airlines and Peel now had a strategic plan!
Why hasnt this been happening before or am I missing something?
Full Programme Repeat | North East Tonight (ITV Tyne Tees) - ITV Local
On the BBC TV news a Mr Nears from Peel appeared!! to say Peel had seen how the important DTV Airport was to the local people, and how the locals had come together to fight a closure...
Aha there might be a clue there
Where was the new DTV Managing Director Mr Gill ? He only appeared before xmas.....maybe he was Santa in disguise, or is he now sat with the other DTV freemasons at the end of Runway 23 to scare the birds and passengers away while they plot their next move!
Could the latest Peel spin be another case of broken promises?
Council chiefs accuse airport owners of broken promises (From The Northern Echo)
After all a leopard can't change its spots, unless its a Peel leopard of course
I had a look back at some of Peels latest statements about DTV and this one is classic Peel spin.
Durham Tees Valley Airport owner confident buyer can be found (From The Northern Echo)
And another in the Echo on 14th Dec 2011. "STRUGGLING DTV Airport has been put up for sale this lunchtime. Peel Airports Limited has made the announcement today saying the airport "no longer fits its strategic plans".
In a statement, Peel said: "Peel Airports Limited has decided to sell the majority shareholding it holds in Durham Tees Valley Airport.
Durham Tees Valley Airport up for sale (From The Northern Echo)
Has this latest U turn because too many MP's and councils are making waves and Peel know they wouldnt get away with the land on the south side without being scrutinised too much?
OR has it just been a clever tax dodging excercise between Peel and VAS who only arrived a year ago and still have the shares in the other Peel airports?
BBC News - Durham Tees Valley Airport's future secured by takeover
Notice the bit about the new Peel Investment company here:
"Peel Airports Limited has been asked by the Peel Investments to act in an advisory role to assist with the day to day operations at the airport." ????
You dont have to be Einstein to realise that Peel have been found out and they didnt manage to pull off another Sheffield Airport closure
What now? They rolled the ex baggage handler out tonight on Tyne Tees News to say that the Peel Empire was now going to work hard to pull in the airlines and Peel now had a strategic plan!
Why hasnt this been happening before or am I missing something?
Full Programme Repeat | North East Tonight (ITV Tyne Tees) - ITV Local
On the BBC TV news a Mr Nears from Peel appeared!! to say Peel had seen how the important DTV Airport was to the local people, and how the locals had come together to fight a closure...
Aha there might be a clue there
Where was the new DTV Managing Director Mr Gill ? He only appeared before xmas.....maybe he was Santa in disguise, or is he now sat with the other DTV freemasons at the end of Runway 23 to scare the birds and passengers away while they plot their next move!
Could the latest Peel spin be another case of broken promises?
Council chiefs accuse airport owners of broken promises (From The Northern Echo)
After all a leopard can't change its spots, unless its a Peel leopard of course
Join Date: Mar 2011
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Pug I will answer that. They would put an aircraft there as they have an audience. Also many people would use it. I would say approx 1,000,000 people within a 60min drive from the airport. Many people when looking for a holiday look at the prices. If ryanair had a cheap enough fare at MME people would travel. For instance I traveled From Middlesbrough to Liverpool to fly to reus as it was 250 cheaper to do so. I also done the same to east midlands once. They did a study a year back at east midlands. Before ryanair moved in normally people would only travel 60mins to the airport. Then when Ryanair moved into East midlands it went from 60mins to 120mins. People were willing to travel. MME can attract passengers if the routes were there. Less and less people from the surrounding area would use NCL and Leeds/bradford if MME had the routes. I travel to NCL from Middlesbrough to fly BA to London. If MME had a flight to any London airport I would ditch the traveling to newcastle and fly from my local airport.
I do hope now with Peel investments taking over the airport that they will invest and get the routes. I dont think Peel Airports thought as many people would kick up a fuss about the future of the airport.
I do hope now with Peel investments taking over the airport that they will invest and get the routes. I dont think Peel Airports thought as many people would kick up a fuss about the future of the airport.
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Seriously don't see the point in trailing dll the way to NCL to fly BA To LHR. You could behalf way to London on the train from Eaglescliff or Darlington. Unless of course you are connecting to another flight.
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MMEGH - you have it in one.
The latest Peel Investment company that has now strangely materialised will run DTV during the summer when the airlines operate, BUT will no doubt hit the councils with the expected dilution notice to obtain as many shares as possible.
What will happen around Oct or Nov when the summer season is over? will it be administration time/closure. Any adminstration wont affect the Peel Plc parent company, as the shares are now held by the new Peel Investment company which is probably a paper work excercise.
VAS/Vantage still own the 65% of the other Peel airports and have ditched the DTV which they didnt want. Adios.
While all this share swapping has been taking place across various Peel and VAS companies. The Peel Plc parent company split the airport LAND across the mddle, and now own the land on the south side of the runway (supposed to be the new cargo centre site, aye that will be the day).
The councils havent stopped this prime land being handed over to Peel Plc!? Who in the council chambers allowed this to take place? Dont tell me they didnt know it was happening, after all they are DTV share holders!
Someone must getting something to allow such practices to take place or is it just a handshake here, and a nod there
The latest Peel Investment company that has now strangely materialised will run DTV during the summer when the airlines operate, BUT will no doubt hit the councils with the expected dilution notice to obtain as many shares as possible.
What will happen around Oct or Nov when the summer season is over? will it be administration time/closure. Any adminstration wont affect the Peel Plc parent company, as the shares are now held by the new Peel Investment company which is probably a paper work excercise.
VAS/Vantage still own the 65% of the other Peel airports and have ditched the DTV which they didnt want. Adios.
While all this share swapping has been taking place across various Peel and VAS companies. The Peel Plc parent company split the airport LAND across the mddle, and now own the land on the south side of the runway (supposed to be the new cargo centre site, aye that will be the day).
The councils havent stopped this prime land being handed over to Peel Plc!? Who in the council chambers allowed this to take place? Dont tell me they didnt know it was happening, after all they are DTV share holders!
Someone must getting something to allow such practices to take place or is it just a handshake here, and a nod there
Durham Tees Valley Airport saved, but turbulence ahead (From The Northern Echo)
Couple of interesting quotes:
Couple of interesting quotes:
Asked about potential development of land around the airport, Mr Nears (strategic planning director for the Peel Group) said development was an important feature of any successful airport. He said: “We need to do this in association with the local authority stakeholders.”
Darlington council leader Bill Dixon said the airport had been given a lifeline, and said: “I think the people of the Tees Valley, Durham and North Yorkshire have been given one last chance to get behind the airport, make use of it and keep it.”
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Pug why would they. NCL you have Jet2.com and Easyjet. It would be better to open a base were there is NO competition.
fa2fi Because for me I live in Wycombe. I can get a bus from heathrow stright home. The train costs me between 100-120 quid. the flight and transport costs 60 quid. There is an 40-60 saving. Also I love flying and I like to chill in the airport.
fa2fi Because for me I live in Wycombe. I can get a bus from heathrow stright home. The train costs me between 100-120 quid. the flight and transport costs 60 quid. There is an 40-60 saving. Also I love flying and I like to chill in the airport.
Pug why would they. NCL you have Jet2.com and Easyjet. It would be better to open a base were there is NO competition.
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I know that this may not be popular but the word behind the scenes is that Peel are in this for at least 3 years.There is no chance of developing the airport into housing/light industry in the short to medium term and that it is better to push hard for at least three years to see what happens. The problem may be how they do that. That is not yet decided.If they ressurrect the airport after 3 years then the development route may be put on ice permanently as there is a view on the board that there may be an easier profit along the air side route.