DURHAM TEES VALLEY AIRPORT - 6
Only to paranoid conspiracy theorists - restricting access due to "commercial sensitivity" is entirely normal, and such a secret meeting its reported in the local press? and good luck with keeping quiet with 6 councils involved...
My money's on the spaceport...
My money's on the spaceport...
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I think it must have been a slow news day. The likelihood is it's not a secret part of the master plan so much as a confidential and commercially sensitive meeting as has already been said.
I think Beafer may be part-correct though, if they've chosen to meet with Stockton before any of the other local authorities then it likely is south-side related.
I think Beafer may be part-correct though, if they've chosen to meet with Stockton before any of the other local authorities then it likely is south-side related.
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Pension demand by Peel
Pension demand by Peel. Opt out or else!
Durham Tees Valley Airport owner warns it could close unless councils agree to pension deal - Gazette Live
Looks like they are looking for any excuse to close the place. Was this part of the greater Master plan? Hmmm
Durham Tees Valley Airport owner warns it could close unless councils agree to pension deal - Gazette Live
Looks like they are looking for any excuse to close the place. Was this part of the greater Master plan? Hmmm
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Hmm, I think this has been rather sensationalised, the Gazette is historically a very anti-airport newspaper and a rag to boot, why isn't the Echo picking up on this if it's such a big story?
Just more cannon fodder for the conspiracy theorists.
Just more cannon fodder for the conspiracy theorists.
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Pensions - Peels final plan
Cautious I think your living in Dream Land. The writing is on the wall. Peel are making a threat here. Give us our way or we close the airport.
The Northern Echo is the sister paper of the Evening Gazette.
Both are owned by the Trinity Mirror Group. At least the Gazette have told the public who used to own all of DTV.
The Peel pension news reminded me of the Maxwell pension saga of years ago. Didn't he want to change pensions to suit himself?
The silence from the local Labour MP's is deafening. They along with labour councillors were all in office when Peel was given the airport for a small sum of money.
Which councillors signed the airport sale contract to gift the place to Peel? Where is that contract now?
Why isn't is available? Something smells of insider dealings here.
Where is local MP Phil Wilson for a quote, and why isn't he pushing to recover the land? Counting his expenses maybe?
The Northern Echo is the sister paper of the Evening Gazette.
Both are owned by the Trinity Mirror Group. At least the Gazette have told the public who used to own all of DTV.
The Peel pension news reminded me of the Maxwell pension saga of years ago. Didn't he want to change pensions to suit himself?
The silence from the local Labour MP's is deafening. They along with labour councillors were all in office when Peel was given the airport for a small sum of money.
Which councillors signed the airport sale contract to gift the place to Peel? Where is that contract now?
Why isn't is available? Something smells of insider dealings here.
Where is local MP Phil Wilson for a quote, and why isn't he pushing to recover the land? Counting his expenses maybe?
Interesting as to why it's just being raised now - Peel will surely have been aware when they took over and must have been reviewed since (particularly during the Masterplan process)
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Latest news, maybe.
" An ultimatum from the owners of Durham Tees Valley to release it from its pension liabilities or face losing the airport is likely to be accepted by Tees councils, The Gazette understands."
Durham Tees Valley Airport owner's pension ultimatum likely to be accepted by Teesside councils - Gazette Live
" An ultimatum from the owners of Durham Tees Valley to release it from its pension liabilities or face losing the airport is likely to be accepted by Tees councils, The Gazette understands."
Durham Tees Valley Airport owner's pension ultimatum likely to be accepted by Teesside councils - Gazette Live
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What has changed?
I remember reading the master plan and can't remember pensions being debated, though I am here to be proved wrong. The master plan was billed as the way to secure the airport.
Now, some time later, there is an apparent new threat to close based on pensions.
Whatever the merits of this and various other points, I just wish someone would figure out how to achieve a good news story at this place. The last few years has been riddled with self inflicted wounds and when it isn't self inflicted, there is a 'nowt to do with us gov approach' to their PR.
I want to see passion, drive, accountability, ownership, clear plans, visibility, a well oiled PR machine, commercial credibility, a sound business plan and a team that own up to their mistakes and put things right when they go wrong. Failing that, a few of the above attributes would be a start.
Most of us in the real world of business and commerce would call this list of attributes a pre-requisite for running a business....
I don't usually rant but even I am starting to tire now.....
Now, some time later, there is an apparent new threat to close based on pensions.
Whatever the merits of this and various other points, I just wish someone would figure out how to achieve a good news story at this place. The last few years has been riddled with self inflicted wounds and when it isn't self inflicted, there is a 'nowt to do with us gov approach' to their PR.
I want to see passion, drive, accountability, ownership, clear plans, visibility, a well oiled PR machine, commercial credibility, a sound business plan and a team that own up to their mistakes and put things right when they go wrong. Failing that, a few of the above attributes would be a start.
Most of us in the real world of business and commerce would call this list of attributes a pre-requisite for running a business....
I don't usually rant but even I am starting to tire now.....
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Permit me to state the answer (which you all secretly know [without letting on]) to the question you are all posing.
With a population of around 2.7 million in the North East and a very suitable airport 30+ miles to the North there is no realistic and viable reason for having a second airport.
You might not like Peel's plans but can you really argue with their logic? How they go about those plans is a different matter.
With a population of around 2.7 million in the North East and a very suitable airport 30+ miles to the North there is no realistic and viable reason for having a second airport.
You might not like Peel's plans but can you really argue with their logic? How they go about those plans is a different matter.
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As an aside then didn't the council's carry out any form of "due diligence" prior to sale to Peel. Seems like some ones dropped an almighty ****.
One just wonders if this is something that even Peel didn't foresee and as such playing a card they didn't even know they held?
Well all that's been been mooted on this thread as to be signs of great concern seems to be coming to surface.
From a rate payers perspective then it would be difficult to support their councils throwing good money after bad, loss of control / any financial interest vs. an interest that is able to be manipulated at whim to the benefits of its owner (>75% control). Large liability vs "asset" with little potential to reward. The accountants on the team will be pointing in one direction.
Haven't looked at this from those whose pensions are at risk, though my sympathy goes out to them.
One just wonders if this is something that even Peel didn't foresee and as such playing a card they didn't even know they held?
Well all that's been been mooted on this thread as to be signs of great concern seems to be coming to surface.
From a rate payers perspective then it would be difficult to support their councils throwing good money after bad, loss of control / any financial interest vs. an interest that is able to be manipulated at whim to the benefits of its owner (>75% control). Large liability vs "asset" with little potential to reward. The accountants on the team will be pointing in one direction.
Haven't looked at this from those whose pensions are at risk, though my sympathy goes out to them.
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Again another threat from Peel to close DTVA.
Now the local MP is James Wharton, the "Northern Powerhouse" Minister. So what is he going to do about this? An airport appears to be something fundamental to a "powerhouse" and KLM are keeping the airport alive. Over to you James.
Now the local MP is James Wharton, the "Northern Powerhouse" Minister. So what is he going to do about this? An airport appears to be something fundamental to a "powerhouse" and KLM are keeping the airport alive. Over to you James.
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Dear Leeds Approach
I'm not here to argue the business case for the airport, which as you intimate is tepid at best. I am not screaming for a thriving, bustling, local airport with regular flights to Heathrow, beaches and beyond..(like some in the media).
What I am asking for is a business to gain credibility, to deliver on its promises, to build something for the region - whatever that maybe. I accept that maybe an aerodrome, or a small airport with ancillary services or something completely different...but let's have clarity, direction and a team that puts it into action instead of this non-stop spiral of negativity and PR nightmares.
What I am asking for is a business to gain credibility, to deliver on its promises, to build something for the region - whatever that maybe. I accept that maybe an aerodrome, or a small airport with ancillary services or something completely different...but let's have clarity, direction and a team that puts it into action instead of this non-stop spiral of negativity and PR nightmares.
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"Whatever that maybe" - it may be a housing estate. Sorry but that is the hard fact of the matter.
As for clarity - I am sure they are very clear on what they want to do. While some posters on the TD thread wont accept it; businesses do you use every 'legitimate' trick in the book to keep their real intentions secret.
As for clarity - I am sure they are very clear on what they want to do. While some posters on the TD thread wont accept it; businesses do you use every 'legitimate' trick in the book to keep their real intentions secret.
Well Leeds Approach I can name at least four aviation companies that are happy working at DTVA, I "might" work for one of them but that's not for you to know. If you look at the DTVA movements site business has been very good today with a number of high calibre executive visitors, visitors which actually generate income.
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My enthusiasm towards both DTVA and the wider aviation industry is currently at an all time low, I've even been toying with the idea of "getting out of the game" of late, yet I can still see that all this is is the local rag blowing something out of proportion, perhaps even twisting facts (the airports side of the story always goes untold) just to achieve a good provocative story.
How many companies have worked hard to get out of pension schemes over the last couple of years? Lot's. DTVA is just following the trend.
How many companies have worked hard to get out of pension schemes over the last couple of years? Lot's. DTVA is just following the trend.
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CO - don't give in fella!
On the point of pensions, you are right but my comment isn't about pensions in isolation, it is about the constant series of negative events which either should not be happening or should be better managed if they are. It is one thing after another and of course the airport has the unfortunate situation of living out most of its affairs in public meaning it needs to be slicker than most at managing its image - something it is incapable of doing.
On the point of pensions, you are right but my comment isn't about pensions in isolation, it is about the constant series of negative events which either should not be happening or should be better managed if they are. It is one thing after another and of course the airport has the unfortunate situation of living out most of its affairs in public meaning it needs to be slicker than most at managing its image - something it is incapable of doing.
pensions
I might be wrong but didn't Newcastle come out of the local government pension scheme? I think it was frozen for existing employees but new guys had to arrange their own pension.
Is that really all it means? And as I said earlier...give us the 11% outstanding shares,we will freeze for existing and any new staff take out their own pension.
The airport runs down most staff leave and hey presto Peel gave solved the problem?
Is this what the secret talks with Stockton were about??
Is that really all it means? And as I said earlier...give us the 11% outstanding shares,we will freeze for existing and any new staff take out their own pension.
The airport runs down most staff leave and hey presto Peel gave solved the problem?
Is this what the secret talks with Stockton were about??