DURHAM TEES VALLEY AIRPORT - 5
it is VERY feasible and isn't too much to ask for a seasonal one-aircraft base from the likes of TCX or TOM and 850k+ pax per year.
Even if there was zero potential for the terminal, there is infinite other possibilities on the GA side of things, Newcastle have little or nothing and despite Leeds having Multiflight they don't really do air taxi / private charter so you've got to go to either Edinburgh or Manchester.
Then there's the potential for aircraft storage etc.
If MME closes it will be down to conspiracy / incompetence and nothing else.
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Really - conspiracy? Can somebody explain how Peel make more money from a disused airport than they would from exploiting a thriving one?
LTNman - you've answered the question 'how do you make more money from a disused airport than from a loss making one?'
Unfortunately that wasn't the question that I asked.
There seems to be a view on this thread that Peel have deliberately run down MME so that it becomes unviable as an airport so that they could then exploit the land once the airport is closed - nobody has explained why they would do this and how they would make more money than developing the airport and the associated surplus land. It's the airport that gives them a USP over other development sites in the area.
Unfortunately that wasn't the question that I asked.
There seems to be a view on this thread that Peel have deliberately run down MME so that it becomes unviable as an airport so that they could then exploit the land once the airport is closed - nobody has explained why they would do this and how they would make more money than developing the airport and the associated surplus land. It's the airport that gives them a USP over other development sites in the area.
Last edited by SWBKCB; 9th Feb 2012 at 19:56.
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SWBKCB
This thread goes on and on does it not. Look back over the previous five years and see the re-iteration of the same old arguments. It seems hard for some people to grasp, but the airport land purchased for buttons is an asset worth lots of money when developed out. Peel didnt make a fist of it as an airport,maybe not deliberately, but they are a development company ffs so sitting on 320 acres of flat ground is a long term investment. It was called Plan B. Are you aware of anywhere else where this amount of real estate is available for the price these guys paid? Thought not.
This thread goes on and on does it not. Look back over the previous five years and see the re-iteration of the same old arguments. It seems hard for some people to grasp, but the airport land purchased for buttons is an asset worth lots of money when developed out. Peel didnt make a fist of it as an airport,maybe not deliberately, but they are a development company ffs so sitting on 320 acres of flat ground is a long term investment. It was called Plan B. Are you aware of anywhere else where this amount of real estate is available for the price these guys paid? Thought not.
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Got it in one.
Parsnip got it in one in his post. 
Peel have ran rings around the local councils and have form for it.
Any news on the interested buyers who were previously mentioned or have Peel put the price up?
Peel have ran rings around the local councils and have form for it.
Any news on the interested buyers who were previously mentioned or have Peel put the price up?
My view all along is that Peel were looking to make money out of developing the surplus land at MME, same way as they have at LPL. It would be a lot easier for them to get what they want out of the LA's in terms of planning etc, if this is tied into a viable MME.
I think they will find (or they should find) it a lot harder to develop the MME land once the airport is shut - it then just becomes another brown field site (again, is Teesside short of these?).
Unfortunately times change, bmiBaby bombed out, Globespan bombed out and now nobody else is interested and the losses have become unsustainable.
Like Onion says - time for plan B. Cut your losses and play the long game.
I think they will find (or they should find) it a lot harder to develop the MME land once the airport is shut - it then just becomes another brown field site (again, is Teesside short of these?).
Unfortunately times change, bmiBaby bombed out, Globespan bombed out and now nobody else is interested and the losses have become unsustainable.
Like Onion says - time for plan B. Cut your losses and play the long game.
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DTVAirport - yes your correct I am biased and must admit that as for ariports go NCL makes DTV look like a garden shed. However if you check my posts you will see that I have on more than one occasion been very critical of management at NCL.
You further go on to state that folks on Teeside are screaming out for flights from DTV have you any evidence? Believe me as an airline analyst for a number of years I have seen the research and stats produced by asking the folks of Teeside who do travel by air and no demand exists from either the leisure or business sector except for a couple of destinations. However a couple of well performing routes do not make an airport. These are the same stats that an airline would have access to when choosing new routes.
Furthermore as facilities are so poor many folks in Teeside prefer to travel to NCL, LBA or MAN even though flights may be available from DTV and here is where the problem exists, airports have moved on dramatically in the last ten years and DTV has failed to keep up. Travellers now want more from their airport, they want a choice of shops, restaurants, bars somewhere to entertain the kids, also these ancillary services are where airports make a large amount of money. Lack of development at DTV has meant that it fails to meet the demands of the modern air traveller or the local population and they have voted with their feet and walked away.
Remember airlines operate to make a profit so if your assumption that folks are screaming out for flights is correct and demand currently exists then we would have those airlines flying from DTV. However this is not the case and DTV supporters have deluded themselves into believing that a market exists for its services when none does.
Its now time to face up to the facts and remember if DTV were our family pet we would have taken it to the vets by now to had it put to sleep to put it out of its misery
You further go on to state that folks on Teeside are screaming out for flights from DTV have you any evidence? Believe me as an airline analyst for a number of years I have seen the research and stats produced by asking the folks of Teeside who do travel by air and no demand exists from either the leisure or business sector except for a couple of destinations. However a couple of well performing routes do not make an airport. These are the same stats that an airline would have access to when choosing new routes.
Furthermore as facilities are so poor many folks in Teeside prefer to travel to NCL, LBA or MAN even though flights may be available from DTV and here is where the problem exists, airports have moved on dramatically in the last ten years and DTV has failed to keep up. Travellers now want more from their airport, they want a choice of shops, restaurants, bars somewhere to entertain the kids, also these ancillary services are where airports make a large amount of money. Lack of development at DTV has meant that it fails to meet the demands of the modern air traveller or the local population and they have voted with their feet and walked away.
Remember airlines operate to make a profit so if your assumption that folks are screaming out for flights is correct and demand currently exists then we would have those airlines flying from DTV. However this is not the case and DTV supporters have deluded themselves into believing that a market exists for its services when none does.
Its now time to face up to the facts and remember if DTV were our family pet we would have taken it to the vets by now to had it put to sleep to put it out of its misery
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No doubt if DTV was to offer nice start-up incentives, airlines would be circling as per EGMC. As to when those inducements run out, they go back to EGSS if the venture fails.
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For MME to be still here in the future is someone who wants to make a good airport and lots of money.
An owner who wants to attract airlines.
Ryanair left because of the raising costs and the PFF. We can get them back if we offered them the right amount of charges and no PFF. I beleive they would base at least 1 aircraft at MME.
We need to make it good enough for Thomson to base an aircraft at our airport. I beleive the demand is there.
With the loss of the BMI Baby, FlyGlobeSpan & Ryanair and no one from peel attracting any other airline the airport has just fell to its knees.
I beleive that Peel run the airport into the ground thinking that the Councils will give it up and for peel to create a business park and housing estate.
We need someone who will come in and change the fortune of the airport and not just sit there and do nothing.
When will we ever find out if someone is going to buy it, I thought they had 2-3 interested buyers
An owner who wants to attract airlines.
Ryanair left because of the raising costs and the PFF. We can get them back if we offered them the right amount of charges and no PFF. I beleive they would base at least 1 aircraft at MME.
We need to make it good enough for Thomson to base an aircraft at our airport. I beleive the demand is there.
With the loss of the BMI Baby, FlyGlobeSpan & Ryanair and no one from peel attracting any other airline the airport has just fell to its knees.
I beleive that Peel run the airport into the ground thinking that the Councils will give it up and for peel to create a business park and housing estate.
We need someone who will come in and change the fortune of the airport and not just sit there and do nothing.
When will we ever find out if someone is going to buy it, I thought they had 2-3 interested buyers
Buyers for DTV ?
So where are they? Its been a long time since the sale announcements and there have been non of the expected leaks of information?
No I fear the end cometh.I still think the future is a private(ish) facility retaining the core airport facilities but not the expense of a passenger airport.
That wayy at least the airport is still there and a hard corre of staff remain as and when we see light at the end of this financial mess the world is in!
as an aside I have just got back from a 'city break' holiday and yes I had to use Newcastle.Sorry to say guys it was an excellent experience all round and it was nice to fly from a real airport instead of Pound stretchers warehouse-thats a fact.
No I fear the end cometh.I still think the future is a private(ish) facility retaining the core airport facilities but not the expense of a passenger airport.
That wayy at least the airport is still there and a hard corre of staff remain as and when we see light at the end of this financial mess the world is in!
as an aside I have just got back from a 'city break' holiday and yes I had to use Newcastle.Sorry to say guys it was an excellent experience all round and it was nice to fly from a real airport instead of Pound stretchers warehouse-thats a fact.
Probably for the same reason they fly into and out of Nimes and Montpellier which are about 27 miles apart !!.
Last edited by pug; 10th Feb 2012 at 13:26.
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The Empire meet today to decide the fate of DTV
News from the Northern Echo. The Empire meet today on the fate of DTV.
Fate of Durham Tees Valley Airport to be revealed after talks (From The Northern Echo)
Fate of Durham Tees Valley Airport to be revealed after talks (From The Northern Echo)
Today is the day!
in typical modern day management style...drip feed bad news over weeks and then make the announcement last thing on a friday..leaving little time for resonse..and hope it will all go away by Monday!
What is the betting guys??
What is the betting guys??
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Its only future is to have a smaller passenger operation and to increase the other activities. That peel have not had the business nouse to realise and follow this tells you all you need to know. They spent the dosh on car parks, silly marketing and signs, should have spent it on Hangars.
Airports on a par with DTV - Norwich, Humberside, Oxford, Cambridge, Southend, Coventry, Manston, Blackpool, all have a varied mix of GA, Maintenance, Paint shops, Training, Storage, Crew Training, Specialist freight, Offshore support, aircraft dismantling etc etc.
Airports on a par with DTV - Norwich, Humberside, Oxford, Cambridge, Southend, Coventry, Manston, Blackpool, all have a varied mix of GA, Maintenance, Paint shops, Training, Storage, Crew Training, Specialist freight, Offshore support, aircraft dismantling etc etc.
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Buster, well said thats what's been happening over the last 15 years.....Airtours....Baby....Globespan...Ryanair..... all disappeared when the deal ran out! As for a 'demand' due to the through put of just under a million in the past, well if you pay nothing to operate you can attract people with low fares!! As for Airtours they offered cheap holidays and doubled the travel agents commission to book MME rather than NCL!!
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Peel website shows that the sale has in fact gone through today and the new owners are ...... Peel Investments !!
'Out of the frying pan and into the fire' perhaps despite the reassuring words in the press release ?
'Out of the frying pan and into the fire' perhaps despite the reassuring words in the press release ?
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Durham Tees Valley Airport has been sold;
Airport Statement
Peel Airports Limited is pleased to announce that it has concluded the sale of its majority shareholding in Durham Tees Valley Airport to Peel Investments (DTVA) Limited, a wholly owned subsidiary of the Peel Group, securing the continuation of operations and business at the airport.
Read more at Media Centre | Press Releases | Airport Statement
Airport Statement
Peel Airports Limited is pleased to announce that it has concluded the sale of its majority shareholding in Durham Tees Valley Airport to Peel Investments (DTVA) Limited, a wholly owned subsidiary of the Peel Group, securing the continuation of operations and business at the airport.
Read more at Media Centre | Press Releases | Airport Statement
