DURHAM TEES VALLEY AIRPORT - 6
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And there was me thinking the thread had been allowed to die.
Beafer, Peel are legally obliged to attend Wednesday's meeting, and I would think they would be there even if they weren't.
I as much as anyone want the airport back so here's hoping for approval.
Beafer, Peel are legally obliged to attend Wednesday's meeting, and I would think they would be there even if they weren't.
I as much as anyone want the airport back so here's hoping for approval.
Join Date: Mar 2013
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If you were going to LBA/NCL had missed the connection at AMS (or LHR/CDG for that matter) you would have had the same problem. The flight timings are pretty much the same for the first and last flights.
Crystal Ball anyone??
No postings? It's called Apathy!
Bit like Brexit...no one really knows what is going to happen,when or how and what effect it will really have on DTV?
Bit like Brexit...no one really knows what is going to happen,when or how and what effect it will really have on DTV?
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People on this thread get their jollies off on criticising, taunting and otherwise sticking the knife in at each opportunity, so if anything there should be 101 posts about it
Probably the only surprise is that it went to the casting vote. Only other points of note I've seen are Peel saying there still losing £200K a month and Doris reporting that Peel say it will take 5 years to build then houses - from memory Peel are selling the land to the house builders, so presumably the money from this can be spent on developing the rest of the Masterplan sooner than that. Hasn't Doris spent many years trying to stifle the airports development??
Guessing I know,but how much do you think Peel will get for the housing land?
So just say it's £10 million......Do they get the cash up front? Or in instalments as and when developers cough up.
So just say up front...best scenario as straight away £10 million ploughed into infra structure..or..do they say well that's 2.5 million for the last two and next two yeas losses?
Or
In instalments over the 4 years(?) of housing developments...so that's 2.5 million per year..oh great that equates to our losses so we(Peel) get our money back..result no annual loss......but unfortunately..no money for investment?
It's going to be interesting,is it not?
So just say it's £10 million......Do they get the cash up front? Or in instalments as and when developers cough up.
So just say up front...best scenario as straight away £10 million ploughed into infra structure..or..do they say well that's 2.5 million for the last two and next two yeas losses?
Or
In instalments over the 4 years(?) of housing developments...so that's 2.5 million per year..oh great that equates to our losses so we(Peel) get our money back..result no annual loss......but unfortunately..no money for investment?
It's going to be interesting,is it not?
A bit like the investments they made when they bought the place?
Certainly the publicly stated intention has been to use the money from the housing to fund the development of the rest of the Masterplan - e.g. this quote from the Echo
Again - not clear if this includes covering the onging losses? Itwould be interesting to know if any conditions have been or can be added to the planning permission - where's our eye-witness reporter?
Certainly the publicly stated intention has been to use the money from the housing to fund the development of the rest of the Masterplan - e.g. this quote from the Echo
Committee members were told by airport owners, Peel Airports, that all profits from the development would be invested back into the airport that is currently generating losses of £200,000 per month.
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I originally heard £30m, but £25m seems to be getting thrown around a lot more now. I also heard a lump sum up front followed by instalments but I don't know how accurate any of that is?
Debts..
My fear is that a lot of the income from development will be used to prop up the debts and not develop DTV??
Oh where is CO et al to offer some positive spin....
Oh where is CO et al to offer some positive spin....
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One of the arguments for the housing is that other airports have more of them and closer to the action, so I don't think this will be any more of a problem than at other airports?
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One of the arguments for the housing is that other airports have more of them and closer to the action, so I don't think this will be any more of a problem than at other airports?
Also, typical DTVA timing?
UK house prices in first monthly fall for 20 months - BBC News
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Quick update from my flight to AMS this morning. The airside gents WC refurbishment has been completed and the airport now has some acceptable toilets. The ladies refurbishment is now underway.