Southend-2
Join Date: Apr 2008
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Join Date: Aug 2014
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Terribly bad news for the staff and the airport, not entirely unexpected especially now with the high probability of no-deal Brexit to throw into the toxic mix.
They say a presence will be maintained at all three airports, hard to see SEN having much of a network though as few existing routes are bases.
Perhaps Wizz will be offered a deal they can’t refuse...I can’t see in the imminent future where else replacement would come from.
They say a presence will be maintained at all three airports, hard to see SEN having much of a network though as few existing routes are bases.
Perhaps Wizz will be offered a deal they can’t refuse...I can’t see in the imminent future where else replacement would come from.
Join Date: Jul 2002
Location: In the sticks
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This is awful news for Southend but Southend was always vulnerable to an Easyjet withdrawal. The surprise is Stansted so it would appear the airline will focus on a single base north and south of the Thames. Southend was always at a disadvantage as it could not offer the airline a 24/7 operation.
The question is will they return when the world gets back to normal? I really hope so but again it might rely on the other London Airports becoming full again with Southend catching the overflow.
The worst case scenario is that passenger services become unviable for Southend and Stobart closes the terminal to cut costs. I can’t see Ryanair doing much at Southend as their focus will be at Stansted. As for Wizz it can only be a matter of time.
The question is will they return when the world gets back to normal? I really hope so but again it might rely on the other London Airports becoming full again with Southend catching the overflow.
The worst case scenario is that passenger services become unviable for Southend and Stobart closes the terminal to cut costs. I can’t see Ryanair doing much at Southend as their focus will be at Stansted. As for Wizz it can only be a matter of time.
Join Date: Jul 2006
Location: STANSTED & MANCHESTER
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Stansted is not a shock, Jet2 have pushed their way to No2 at Stansted with massive growth, Easyjet just stayed stagnant, I’m surprised they have stuck around this long.
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Sad news for the airport and its staff and seems that EZY are going forward with a London two base strategy north and south of the river. Remains to be seen how much appetite there will be from EZY to continue non based flying and would imagine this will reduce to a handful of destinations from current EZY bases. RYR may jump on certain routes although now is not the right time for large expansion, unless you are Wizz who seem to be throwing caution to the wind throughout Europe and may see this as an opportunity, but with Luton close by and Wizz’s determination seemingly to grow Gatwick, SEN is probably not being thought of!
Last edited by stewyb; 30th Jun 2020 at 15:37.
Join Date: Oct 2006
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It will be fascinating to see what messrs Brady and Jones have to say about the latest bad news for the airport. Probably Wizz to follow - expand at Gatwick and consolidate at Luton.
Join Date: Mar 2012
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Warwick Brady will say the same as usual that SEN is doing well and will only grow, he is blind to what is going on and refuses to accept that the situation is not good and future is going to be extremely difficult, he is simply in denial if you will.
Join Date: Aug 2014
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Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
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Terribly bad news for the staff and the airport, not entirely unexpected especially now with the high probability of no-deal Brexit to throw into the toxic mix.
They say a presence will be maintained at all three airports, hard to see SEN having much of a network though as few existing routes are bases.
Perhaps Wizz will be offered a deal they can’t refuse...I can’t see in the imminent future where else replacement would come from.
They say a presence will be maintained at all three airports, hard to see SEN having much of a network though as few existing routes are bases.
Perhaps Wizz will be offered a deal they can’t refuse...I can’t see in the imminent future where else replacement would come from.
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
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This is awful news for Southend but Southend was always vulnerable to an Easyjet withdrawal. The surprise is Stansted so it would appear the airline will focus on a single base north and south of the Thames. Southend was always at a disadvantage as it could not offer the airline a 24/7 operation.
The question is will they return when the world gets back to normal? I really hope so but again it might rely on the other London Airports becoming full again with Southend catching the overflow.
The worst case scenario is that passenger services become unviable for Southend and Stobart closes the terminal to cut costs. I can’t see Ryanair doing much at Southend as their focus will be at Stansted. As for Wizz it can only be a matter of time.
The question is will they return when the world gets back to normal? I really hope so but again it might rely on the other London Airports becoming full again with Southend catching the overflow.
The worst case scenario is that passenger services become unviable for Southend and Stobart closes the terminal to cut costs. I can’t see Ryanair doing much at Southend as their focus will be at Stansted. As for Wizz it can only be a matter of time.
Join Date: Apr 2018
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Don’t agree, EZY operating at SEN, LTN and STN may have been ok in normal times pre Covid but the fact that they are all within touching distance of each other and serving predominantly the same destinations, over capacity is no longer a problem and EZY can pick and choose where they wish to place aircraft, staff and reduce overheads! SEN has to be careful or else RYR and Wizz will also exit what with LGW looking to slot fill the BA/Virgin departures!
Join Date: Jun 2009
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The Stobart Group prospectus that was published a few weeks back to support the shareholder fund raise, explicitly stated that none of the based airlines are contractually obliged to keep a minimum number of aircraft at the airport. Given the millions that the airport has spent on route development fees ( aka airline incentives) I was surprised that none of the airlines are obliged to stick around. I cautioned against these sweetheart deals from the beginning. Yes, I know route development incentives are common place but if you truly believe you are the owners of a London airport that provides additional capacity in a squeezed marketplace, why pay the airlines to turn up? And if you do pay them, write into the deal that they stay, at least long enough to show the airport a positive return on investment.
Join Date: Aug 2009
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What are you expecting him to say publicly? Very few business leaders are going to say “well the company is f**ked”.
Join Date: Jun 2009
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From the recently published Stobart Group prospectus:
Actions taken by these significant customers such as reductions in operations or the use of the Group’s services could materially adversely affect the Group. Stobart Aviation is particularly exposed to this risk, as the operating contracts with the airlines operating at the Group’s airports do not commit either party to specific volumes of activity. There can therefore be no assurance as to the level of the Group’s future aeronautical revenue from any one or more airline operators. However, even where the Group does have contracts in place with its significant customers, if these customers suffer financial difficulties they may be unable to fulfil their contractual obligations.
Actions taken by these significant customers such as reductions in operations or the use of the Group’s services could materially adversely affect the Group. Stobart Aviation is particularly exposed to this risk, as the operating contracts with the airlines operating at the Group’s airports do not commit either party to specific volumes of activity. There can therefore be no assurance as to the level of the Group’s future aeronautical revenue from any one or more airline operators. However, even where the Group does have contracts in place with its significant customers, if these customers suffer financial difficulties they may be unable to fulfil their contractual obligations.
Join Date: Apr 2016
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A year ago Stobart must have thought the world was their lobster. Not 1 not 2 but 3 LCC’s, a 30% stake in a regional airline that would bring many a new route SEN’s way and pax numbers rapidly growing towards levels they’d promised for years.
Then the Flybe purchase started to go horribly wrong.
Then Covid-19. The weakness of the airport exposed and their even, by now, hopelessly weaker owners probably unable to do anything to dig in, especially when the government support dies up.
So so what does the future hold for SEN? I don’t know, but I’m saddened by events and in no mood to kick anyone when they’re down. Not even Warwick Brady.
Addition:
https://www.echo-news.co.uk/news/185...syjet-closure/
I suppose, clutching at straws, that there is one card left to play as the 10 year deal winds down. Stobart could always offer say 5 years more of sweetness, something STN would not be able to do even if they were daft enough.
Then the Flybe purchase started to go horribly wrong.
Then Covid-19. The weakness of the airport exposed and their even, by now, hopelessly weaker owners probably unable to do anything to dig in, especially when the government support dies up.
So so what does the future hold for SEN? I don’t know, but I’m saddened by events and in no mood to kick anyone when they’re down. Not even Warwick Brady.
Addition:
https://www.echo-news.co.uk/news/185...syjet-closure/
I suppose, clutching at straws, that there is one card left to play as the 10 year deal winds down. Stobart could always offer say 5 years more of sweetness, something STN would not be able to do even if they were daft enough.
Last edited by DC3 Dave; 30th Jun 2020 at 17:25.
