SOUTHEND 5
Join Date: Apr 2016
Location: Essex
Posts: 1,231
Likes: 0
Received 0 Likes
on
0 Posts
Stobart
Just read m.londonstockexchange.com/exchange/mobile... Stobart's Annual Report. Positive from their point of view, but with expansion of LCY now back on and still predicting 2.5m pax for SEN in 2018, new business has to come soon (and I don't mean SEA AIR).
Last edited by DC3 Dave; 12th May 2016 at 08:18. Reason: edit link
Join Date: Jun 2011
Location: Essex
Posts: 800
Likes: 0
Received 0 Likes
on
0 Posts
The lack of any real comments about SEN in the report, says all you need to know I think.
This one however, seems a bit more upbeat:
http://www.standard.co.uk/business/s...-a3246336.html
This one however, seems a bit more upbeat:
http://www.standard.co.uk/business/s...-a3246336.html
Last edited by tws123; 12th May 2016 at 10:41.
Join Date: Jan 2008
Location: Luxembourg
Posts: 791
Likes: 0
Received 0 Likes
on
0 Posts
I love optimism but it must be 51% achieveable. How can the pax figures increase from 1 million to 2.5 million in 2 years? To achieve that, as an example, Stobart Air needs to base a second ATR to operate 3 new routes daily, plus EZY must base and operate 3 more A319/320s. I have no faith in new operators moving in, so it's down to expanding what we have. I will keep my betting money in my wallet for now.
Join Date: Mar 2006
Location: Between the flower pots
Posts: 429
Likes: 0
Received 0 Likes
on
0 Posts
Funny what immediately draws my eye in that publicity photo used by the Evening Standard.
Was is the departing Easyjet aircraft? No
Was it the gleaming terminal frontage? No
It was the work of art and the fact that someone has kicked all the stones out of its container and made a mess of the floor.
Good to hear that Stobart is making a push to pick up new business.
Was is the departing Easyjet aircraft? No
Was it the gleaming terminal frontage? No
It was the work of art and the fact that someone has kicked all the stones out of its container and made a mess of the floor.
Good to hear that Stobart is making a push to pick up new business.
Join Date: Jul 2014
Location: Co.clare Ireland
Posts: 144
Likes: 0
Received 0 Likes
on
0 Posts
The board of Stobart air have rejected the management buyout offer led by Sean Brogan, who has today confirmed he is leaving the position. It will be interesting to see what will come next, full stobart control possibly?, and further expansion at southend if they wish to reach their 2018 targets, who knows.
Join Date: Mar 2006
Location: Between the flower pots
Posts: 429
Likes: 0
Received 0 Likes
on
0 Posts
The following comment says it all about Stobart and its airline. I hope after a few years of owning both the airline and airport the missing ingredient for success was all the time just publicity.
Part of Stobart’s original motivation for leading the rescue of the airline then known as Aer Arann and buying its 45 per cent stake in 2010, was that it believed it could use the carrier to serve London’s Southend Airport, which it owns.
However, while the airline has grown on the back of its relationship with Aer Lingus, it did not deliver significantly to Southend.
However, while the airline has grown on the back of its relationship with Aer Lingus, it did not deliver significantly to Southend.
Join Date: Jul 2015
Location: UK
Posts: 476
Likes: 0
Received 0 Likes
on
0 Posts
They are in 'talks'.
Christ, these talks have been ongoing for months upon months now. At what point will it dawn on them, outcomes and delivery is what counts.
I'd love to know precisely who is the lead sponsor and who are the negotiators on the team? From where I'm sitting, I'd classify these so called 'talks' as master class in procrastination!
Somebody needs to kick arse and gets results driving fast or fire them.
A Michael O'Leary type is needed at those talks to get the desired sustainable results.
As regards wooing City suits to the airport, the slots will need to be at the optimum evening peak periods and redeye morning inbound too. Reliable fast efficient transition through the airport to boarding and airborne without hassles like what you are witnessing at City which is pretty much organised chaos now.
Cityjet coming to Southend perhaps? Will need to be daily M-F evening departures between 5-7pm and Sat 8-10am. Arrivals M-F between 7-9am and Sat 11-13 and Sun 19-21.
Christ, these talks have been ongoing for months upon months now. At what point will it dawn on them, outcomes and delivery is what counts.
I'd love to know precisely who is the lead sponsor and who are the negotiators on the team? From where I'm sitting, I'd classify these so called 'talks' as master class in procrastination!
Somebody needs to kick arse and gets results driving fast or fire them.
A Michael O'Leary type is needed at those talks to get the desired sustainable results.
As regards wooing City suits to the airport, the slots will need to be at the optimum evening peak periods and redeye morning inbound too. Reliable fast efficient transition through the airport to boarding and airborne without hassles like what you are witnessing at City which is pretty much organised chaos now.
Cityjet coming to Southend perhaps? Will need to be daily M-F evening departures between 5-7pm and Sat 8-10am. Arrivals M-F between 7-9am and Sat 11-13 and Sun 19-21.
Join Date: Sep 2007
Location: Essex
Posts: 1,108
Likes: 0
Received 0 Likes
on
0 Posts
Cityjet coming to Southend perhaps?
On balance I guess most of those 12 airlines, if they exist at all, are foreign-based and surely that's where SEN should score as a port of entry to London especially for Scandinavian and mid/east European airlines able to route directly in rather than face ATC delays and roundabout routes to other London airports. Missing out on both Wizz and SAS when they recently sought a new London terminal was unfortunate......
Join Date: Sep 2011
Location: Leigh-on-Sea
Age: 35
Posts: 15
Likes: 0
Received 0 Likes
on
0 Posts
This seems to give a bit more info on what's been discussed over the last 5-10 posts.
http://www.proactiveinvestors.co.uk/...s-125868.html#
http://www.proactiveinvestors.co.uk/...s-125868.html#
Join Date: Jul 2002
Location: In the sticks
Posts: 9,847
Likes: 0
Received 0 Likes
on
0 Posts
Those 12 airlines will also be talking to other airports. It might or might not be their plan B, C or D to use Southend if they can't get their first or second choice but as other airports all seem to somehow squeeze in extra flights to the detriment of fellow passengers there is no certainty that Southend will gain new business.
Also worth noting that City Airport now has the backing of the new Mayor to expand its airport.
Have to agree that it is hard to believe that Southend is struggling to attract new routes and airlines when it has the best passenger experience once they have arrived at the airport. I still think Southend physical location and the fact it feels like it is inside the middle of a town with no direct motorway link does not help its cause.
Quote from above link
What a load of rubbish, seeing that it has affected no other London airport.
Also worth noting that City Airport now has the backing of the new Mayor to expand its airport.
Have to agree that it is hard to believe that Southend is struggling to attract new routes and airlines when it has the best passenger experience once they have arrived at the airport. I still think Southend physical location and the fact it feels like it is inside the middle of a town with no direct motorway link does not help its cause.
Quote from above link
Passenger numbers at its London Southend Airport were lower than previous years due to the terror concern, but the drop was expected.
Join Date: Sep 2007
Location: Essex
Posts: 1,108
Likes: 0
Received 0 Likes
on
0 Posts
Passing up on Ryanair took a bit of courage but I think it was the right decision. They would have blown EZY away and could then walk away at a moment's notice. We've already seen flyBE screw SEN, so wouldn't like to see that happen again.
I agree that using the terror concern to explain a fall in numbers that was due to EZY removing a based airframe and Stobart and flyBE cutting routes is a load of old rowlocks.
I agree that using the terror concern to explain a fall in numbers that was due to EZY removing a based airframe and Stobart and flyBE cutting routes is a load of old rowlocks.
Join Date: Jul 2015
Location: UK
Posts: 476
Likes: 0
Received 0 Likes
on
0 Posts
A buy recommendation on STOB stock? If they get SEN firing on all cylinders it will drive the STOB stock price skyward (pardon the pun). Hmmm maybe I'll take another review of the technical numbers... one to monitor closely!
Join Date: Jul 2015
Location: UK
Posts: 476
Likes: 0
Received 0 Likes
on
0 Posts
FR interests were to neutralise EZY threats on FR routes. Once FR tackle EZY at SEN then FR would drop the airfield at a moments notice. Inclined to agree with the defensive strategy adopted by SEN. But, these carriers co-exist at Stansted and Gatwick, without issues. Are we over egging the perceived FR risks to SEN and EZY? Why couldn't FR and EZY co-exist at SEN?
Join Date: Dec 2010
Location: UK
Posts: 176
Likes: 0
Received 0 Likes
on
0 Posts
Ryanair
Amidst all the chatter about FR, haven't posters forgotten that a 737-800 can't operate from SEN with anything close to a full payload? Given that 319's are having to tech stop on routes to the Med with temps much above 27C, I wouldn't count on FR ahead of a runway extension, which isn't going to happen any time soon.
Join Date: Oct 2012
Location: UK
Posts: 247
Likes: 0
Received 0 Likes
on
0 Posts
Why did stobart decide invest build brand new Airport and runway limit knowledge that there is limit for aircrafts like 737-800 or A321 can't used at SEN. It will put risk fact stopped bringing in major Airlines. It doesn't make sense going head like this situation. Can anyone explained about this.