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Cardiff-2

Old 20th Jul 2019, 09:23
  #1141 (permalink)  
 
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The BBC article says that a positive EBITDA has been achieved for the first time in 8 years. For the uninitiated, EBITDA = Earnings Before Interest Tax Depreciation & Amortisation. Any business that struggles to achieve a positive EBITDA is a basket case (unless it is in a massive growth phase, which CWL isn't).
So for 8 years Welsh taxpayers have been funding a business that makes no profit, pays no (corporation) tax, can't pay interest on its debts, and is making no contribution to renewing its assets. If I was a Welsh taxpayer, I would be unhappy, to say the least.
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Old 20th Jul 2019, 09:28
  #1142 (permalink)  
 
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Have taxpayers been funding it for 8 years? Thought WG only got involved a couple of years ago?
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Old 20th Jul 2019, 10:01
  #1143 (permalink)  

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CWL was purchased by the Welsh Government in March 2013 for a reported £52 million.
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Old 20th Jul 2019, 10:30
  #1144 (permalink)  
 
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Originally Posted by LGS6753 View Post
The BBC article says that a positive EBITDA has been achieved for the first time in 8 years. For the uninitiated, EBITDA = Earnings Before Interest Tax Depreciation & Amortisation. Any business that struggles to achieve a positive EBITDA is a basket case (unless it is in a massive growth phase, which CWL isn't).
So for 8 years Welsh taxpayers have been funding a business that makes no profit, pays no (corporation) tax, can't pay interest on its debts, and is making no contribution to renewing its assets. If I was a Welsh taxpayer, I would be unhappy, to say the least.
Except that they bought it in 2013 so 3 of those years were under Albertis. The airport has essentially been recovering from their ownership.
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Old 27th Jul 2019, 09:08
  #1145 (permalink)  
 
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Vueling summer 2020 so far looks like this.
Alicante 6 weekly
Malaga 4 weekly 3 in April
Mallorca 3 weekly 2 in April

Malaga will operate on Tuesday, Wednesday (not in April), Thursday and Saturday.
Mallorca will operate on Monday, Wednesday (not in April) and Thursday.

13 weekly flights except for April when its 11 weekly.
Loss of 2 weekly flights and 3 in April.
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Old 28th Jul 2019, 14:55
  #1146 (permalink)  
 
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This is roughly what each airline will be operating out of Cardiff airport for winter 2019/20.
Flybe 60 weekly departures
Eastern Airways 15 weekly departures
Ryanair 4 weekly departures
Vueling 5 weekly departures
Qatar Airways 5 weekly departures
KLM 20 weekly departures
TUI 11 weekly departures
120 weekly departures
Altogether 240 weekly flights and 24,124 seats onsale.
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Old 28th Jul 2019, 16:24
  #1147 (permalink)  
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Not as bad as initially expected, I wonder if Ryanair will add some more flights for Summer 2020 to replace the longer Flybe destinations no longer served.

Be good to see the likes of Rome, Milan or Venice remaining on the departure boards next year.

Also shame to be loosing MUC & VRN too - would these destinations fit into anyone else’s schedules ?

Finally I wonder if Loganair would ever consider the GLA service ?
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Old 28th Jul 2019, 16:44
  #1148 (permalink)  
 
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Originally Posted by Letsflycwl View Post
Not as bad as initially expected, I wonder if Ryanair will add some more flights for Summer 2020 to replace the longer Flybe destinations no longer served.

Be good to see the likes of Rome, Milan or Venice remaining on the departure boards next year.

Also shame to be loosing MUC & VRN too - would these destinations fit into anyone else’s schedules ?

Finally I wonder if Loganair would ever consider the GLA service ?
If Flybe schedule remains the same as winter I could see Verona replacing Geneva or Chambery on Saturdays.
I don't see Ryanair operating Milan or venice but Rome could be a contender eventually and hopefully they'll add frequency to Faro.
Unless Flybe reinstate the base one day then I don't see Glasgow returning.
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Old 28th Jul 2019, 22:25
  #1149 (permalink)  
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Yeah I can see the VRN carrying on for Summer 2020 instead of GVA & CMF.

Hopefully we will see something else added to the FR schedule too.

All in all its not all doom & gloom this winter but hopeful for 2020.
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Old 29th Jul 2019, 06:11
  #1150 (permalink)  
 
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Originally Posted by Letsflycwl View Post
Yeah I can see the VRN carrying on for Summer 2020 instead of GVA & CMF.

Hopefully we will see something else added to the FR schedule too.

All in all its not all doom & gloom this winter but hopeful for 2020.
I do think that the airportairport's future growth is now in the hands of Ryanair and TUI.
Flybe will be an uncertainty for a while with the new owners but hopefully eventually the crew base will come back but it is better than many feared.
Bar that who knows we could have a miracle happen and see Easyjet or Jet2 in the future! With aviation you never know what is around the corner!
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Old 29th Jul 2019, 07:44
  #1151 (permalink)  
 
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we could have a miracle happen and see Easyjet or Jet2 in the future!
I don't think Jet2 would be that much of a miracle actually. On the basis that BRS has little in the way of overnight/based capacity, BOH and/or CWL will be the next obvious move for Jet2. That's probably 2 or 3 years away though, at least.
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Old 29th Jul 2019, 08:59
  #1152 (permalink)  
 
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Originally Posted by FRatSTN View Post
I don't think Jet2 would be that much of a miracle actually. On the basis that BRS has little in the way of overnight/based capacity, BOH and/or CWL will be the next obvious move for Jet2. That's probably 2 or 3 years away though, at least.
Not quite true since BMI Regionals demise. With their 5/6 E145s no longer based overnight, BRS has changed 4x E145 stands into 3x Airbus-sized stands, along with 2x new stands that have just been built on the car park for the old terminal building. The old terminal building will then be demolished this winter and more stands are to be built to be ready before next summer.
Of course, this doesn't mean Jet2 is more likely to turn up at Bristol, but BRS are no longer as constrained for stands as they were not too long ago!
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Old 29th Jul 2019, 11:16
  #1153 (permalink)  
 
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Originally Posted by FRatSTN View Post
I don't think Jet2 would be that much of a miracle actually. On the basis that BRS has little in the way of overnight/based capacity, BOH and/or CWL will be the next obvious move for Jet2. That's probably 2 or 3 years away though, at least.
I think rather than stands it would be the 10 million passengers cap that could see them at Cardiff.
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Old 29th Jul 2019, 15:59
  #1154 (permalink)  
 
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Originally Posted by PDXCWL45 View Post
I think rather than stands it would be the 10 million passengers cap that could see them at Cardiff.
BRS is also nearing its night quota
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Old 30th Jul 2019, 18:53
  #1155 (permalink)  
 
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CAA Stats June 2019
The airport saw 192,988 passengers use it in June up 6.2% on 2018. The rolling year was 1,629,961 up 8.1% on 2018.
Atms were 1730 up 1.3% for the month.
Top 10 routes
1.
Palma de Mallorca 17,091
2. Malaga 13,764
3. Amsterdam 13,532
4. Alicante 11,846
5. Edinburgh 9435
6. Dublin 8699
7. Dalaman 7841
8. Tenerife 7572
9. Paris CDG 7138
10. Zakinthos 6292
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Old 31st Jul 2019, 15:23
  #1156 (permalink)  
 
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Originally Posted by PDXCWL45 View Post
Top 10 routes
1.
Palma de Mallorca 17,091
2. Malaga 13,764
3. Amsterdam 13,532
4. Alicante 11,846
5. Edinburgh 9435
6. Dublin 8699
7. Dalaman 7841
8. Tenerife 7572
9. Paris CDG 7138
10. Zakinthos 6292
No surprise the top 3 destinations are the only places that are nearly daily and allow for long weekends away. If there were other destinations that were serviced on a Thurs, Fri, Sun and Mon that allowed for shorter breaks I dare say they would be up there.
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Old 31st Jul 2019, 15:54
  #1157 (permalink)  
 
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Originally Posted by cymru View Post


No surprise the top 3 destinations are the only places that are nearly daily and allow for long weekends away. If there were other destinations that were serviced on a Thurs, Fri, Sun and Mon that allowed for shorter breaks I dare say they would be up there.
You'd probably find them in the top 5 of most airports in the UK as they are generally the busiest routes. Amsterdam is a bit deceptive as most people like wouldn't be visiting Amsterdam itself but catching onward connections with KLM or their skyteam partners.
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Old 31st Jul 2019, 15:55
  #1158 (permalink)  
 
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Location: Wales
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CAA Stats June 2019
Domestic

Anglesey 1063 -18%
Belfast City TBA
Edinburgh 9435
Glasgow 2736 +4%
Jersey 1840 -16%
Newcastle 487 -58%
European
Dubrovnik 1359
Larnaca 3414 +18%
Paphos 2947 +94%
Le Havre 36
Paris CDG 7138 +1%
Munich 1183 -7%
Corfu 2921 +56%
Heraklion 1448 -4%
Keffalinia 1456 -3%
Kos 3032 +93%
Rhodes 4762 +67%
Zakinthos 6292 +50%
Cork 1033 -10%
Dublin 8699 -2%
Milan MXP 1257 -41%
Naples 1448
Rome FCO 1321 -27%
Venice 1019 -29%
Verona 1180 -21%
Malta 2996
Amsterdam 13,532 +7%
Faro 6972 -24%
Alicante 11,846 +14%
Barcelona 3039 -21%
Ibiza 4762 -29%
Mahon 4752 +41%
Malaga 13,764 +37%
Palma de Mallorca 17,091 -13%
Reus 3550 +14%
Arrecife 3349 -22%
Las Palmas 1878
Tenerife 7572 -3%
Burgas 3098 -27%
International
Antalya 3304 +1%
Dalaman 7841 +2%
Hurghada 1266
Enfidha 3038
Doha 6077 +35%
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Old 6th Aug 2019, 06:20
  #1159 (permalink)  
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With Wizz Air announcing new routes from/to EDI, I wonder if they would ever consider offering flight from from CWL ?

They are doing football charters to BUD & DEB in November and wishful thinking here but regular flights to cities like BUD or PRG would be great.
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Old 6th Aug 2019, 06:47
  #1160 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by Letsflycwl View Post
With Wizz Air announcing new routes from/to EDI, I wonder if they would ever consider offering flight from from CWL ?

They are doing football charters to BUD & DEB in November and wishful thinking here but regular flights to cities like BUD or PRG would be great.
It would be nice but I don't see the tourist demand for Wales as a destination from Eastern Europe that would help the route get going. Edinburgh is a big tourist destination and I wouldn't be surprised if they go for Dublin next.
Eastern Europe is too well catered for at Bristol
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