Luton-9
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Seems we can add Malta to today’s list unless passengers don’t mind being quarantined.
Buster mentions airports and airlines but let’s not forget LLAL. They have borrowed massive sums for its planned airport expansion so are paying interest payments to the council who in turn have borrowed the money themselves. The Town Hall will be worried as fees to the council will be in free fall not only due to a drop in passengers but due to the diversion of fees to pay the interest payments.
Buster mentions airports and airlines but let’s not forget LLAL. They have borrowed massive sums for its planned airport expansion so are paying interest payments to the council who in turn have borrowed the money themselves. The Town Hall will be worried as fees to the council will be in free fall not only due to a drop in passengers but due to the diversion of fees to pay the interest payments.
Last edited by LTNman; 13th Mar 2020 at 13:17.
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Looking back on your handful of posts you say a lot but contribute nothing to this thread and just moan like an old woman.
Hard times for all at Luton so don’t shoot the messenger when I expand the discussion to the owner of the airport.
Hard times for all at Luton so don’t shoot the messenger when I expand the discussion to the owner of the airport.
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The way things are going the only language to be heard in LTN International may well be English.
Please don't diminish someone who hasn't made many posts, perhaps they have a life outside PPrune,
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Seems we can add Malta to today’s list unless passengers don’t mind being quarantined.
Buster mentions airports and airlines but let’s not forget LLAL. They have borrowed massive sums for its planned airport expansion so are paying interest payments to the council who in turn have borrowed the money themselves. The Town Hall will be worried as fees to the council will be in free fall not only due to a drop in passengers but due to the diversion of fees to pay the interest payments.
Buster mentions airports and airlines but let’s not forget LLAL. They have borrowed massive sums for its planned airport expansion so are paying interest payments to the council who in turn have borrowed the money themselves. The Town Hall will be worried as fees to the council will be in free fall not only due to a drop in passengers but due to the diversion of fees to pay the interest payments.
Some airline commentators stating it could take up to 18 months for worldwide traffic numbers to climb back to pre-Covid-19 levels, LBC could really be in trouble? I am sure LBC have a Plan B, or let us hope so when income reduces massively?
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Plenty of scenarios in the annual report about different risks to the airport. Viruses is not one of them. https://www.london-luton.co.uk/Londo...6b1f5bf1d4.pdf
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Anyone could go, even IAG. Jet2, TUI possibly have the advantage of holding more forward cash from packages, people booking their summer hol flights. BA and the like will be hammered by lack of premium demand and higher % of late bookings.
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Too much money committed to abandon the application. Passenger numbers over the next 2 or 3 years will dictate timescales if approved. Issues for Luton will be the collapse of a major Luton player or lots of spare slots at Gatwick where airlines would prefer to be. Just need to look at the TUI and easyjet operation at Luton compared to Gatwick.
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They also need to find £124 million to build the T2 enabler road and have gone to government and the tax payer after the councillors discovered the build was not viable. Have they bitten off more than they can chew?
They have realised too late that by being not so clever and giving themselves planning permission to build it they now have to fund it. If it was part of the DCO they would not have to fund it.
They have realised too late that by being not so clever and giving themselves planning permission to build it they now have to fund it. If it was part of the DCO they would not have to fund it.
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Looks like there is going to be a premium price charged for the new non stop rail service from Parkway to London. This would mean there will be no flexibility for passengers to swap trains if a fast or slower one was due.
