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Durham Tees Valley-7

Old 19th Feb 2018, 05:08
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If the end result is more flights then nothing else matters
Don't think this was the view when the TUI and Balkan contracts were cancelled

Standard procedure, most major PLCs have in the last few years gone to great lengths to offload pensions
Not sure this is true (any evidence?), and even if it was - doesn't make it right!
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Old 19th Feb 2018, 06:28
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My argument is not why,,, but how a major investor 90% circa can get a minor investor ,TVCA as is now ,to cough up all these upfront costs .

And after all these months,come on guys we aren’t really seeing much return are we ,other than jam tomorrow ?
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Old 19th Feb 2018, 13:09
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One thing that seems to have been overlooked the people who are being asked to chip in the meagre 500k do have a stake in the business. What if they had to bail out was it 200k a month on top of this. Do they contribute?
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Old 19th Feb 2018, 14:19
  #504 (permalink)  
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Originally Posted by SWBKCB
Don't think this was the view when the TUI and Balkan contracts were cancelled
It was, just not when the airlines in question screw you for everything
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Old 19th Feb 2018, 14:24
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Again? So Peel were forced to sign contracts at gun point? What's different this time?

One thing that seems to have been overlooked the people who are being asked to chip in the meagre 500k do have a stake in the business. What if they had to bail out was it 200k a month on top of this. Do they contribute?
I stand to be corrected, but I think the shareholding still sits with the individual Local Authorities, and not the TVCA which has been asked for the funding.
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Old 19th Feb 2018, 14:29
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So many Quangos and tin piss pot mayors.
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Old 19th Feb 2018, 14:33
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It was, just not when the airlines in question screw you for everything

So do the airlines pay anything at all to use the airport or are they going to be given money to fly from MME?
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Old 19th Feb 2018, 14:40
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Are we really going to do this again? Airlines were allowed to operate to their usual M.O. of paying nothing previously because Peel anticipated further flights would be forthcoming which would lead to sufficient volume to then turn a profit, when it became clear that wasn't going to happen, they had to change their business model accordingly.

As far as future airlines go, I don't know you would have to ask Peel, but it is to be presumed they have found operators who are willing to pay their way?
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Old 19th Feb 2018, 15:06
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or they're happy to get anybody in so they can say to the LA's, "Look the Masterplan is working" and so get the zoning of the southside changed??
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Old 19th Feb 2018, 15:46
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All regional airports will eventually adopt the same approach, as to whether Peel specifically are trying to pull a fast one I don't believe so...there always has been and always will be cynics
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Old 19th Feb 2018, 16:01
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And there will always be true believers!

Just trying to point out there's two ways of looking at things, from the outside either is valid.
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Old 19th Feb 2018, 16:22
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Still think we are all being screwed by a very clever operator! But time will tell...fingers crossed I am wrong...
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Old 19th Feb 2018, 16:23
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Don't know much about Teeside but apparently in 2002 the airport sought a strategic partner to assist with future development and Peel Airports Ltd was selected as the preferred company, taking a 75% stake in the airport with a commitment to invest 20m over the subsequent five years.

So did Peel actually buy a stake in the airport or was the promise of a 20 million investment it and they were gifted the land?

Seems that under Peel the airport passenger figures has collapsed but they hold all the cards and a massive land bank.
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Old 19th Feb 2018, 16:29
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SWBKCB

Can't argue with that I suppose.

LTNman, it's all on Durham Tees Valley Airport ? Flying for the future
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Old 19th Feb 2018, 17:22
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LTNman Peel probably has put 20 million plus in and intend to put more in if you read back.
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Old 20th Feb 2018, 10:15
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Peel and Robert Houghs Brexit concerns

N707ZS - I doubt Peel have put in anything like 20m.
If they have paid anything, its probably been paid into their other hundreds of Peel companies who bill DTVA each month for services such as Air Traffic.

Robert Hough was interviewed as a guest speaker by The Manchester Grammar School. 7th Feb 2018.
http://www.mgslife.org/story/dfa41f9af8

Robert revealed that he used to be a solicitor, and that he is worried about the European funding being stopped because of Brexit. He says has great hopes for the Northern Powerhouse, so they must be looking for more government funding for something.

Looking at Peels activities around the country, there are a lot of Master Plans, but most communities involved have concerns about what Peel are doing in their area.
Under Peels ownership the passengers have fallen from nearly a million to just over 100k each year. I wouldn't call that a good plan if they are trying to improve the airport. I would call it a disaster for people wanting to fly on holiday from DTVA.
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Old 20th Feb 2018, 10:41
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Peel know how to make a airport work look at Doncaster opened in 2005 over a 1m pasengers last year (more in a month than we get in a year)
frequent frieght flights 747s MD11s Antonov`s various airlines crew training
so why can`t they do it here
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Old 20th Feb 2018, 11:07
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In my version of the English language, which may not be Peel's, 'invest' means capital investment, not covering current expenditure. What I think annoys many people is that they take great efforts to avoid paying UK taxes by being based in IOM.
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Old 20th Feb 2018, 12:17
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DTV Airport job advert for fireman come marshaller come baggage handler.

I wasn't aware that fire fighters had to unload aircraft and marshal as well as fight fires?
Does this happen at other international airports such as Newcastle or Leeds?

Can you imagine an emergency taking place while stuck in the hold of a plane unloading bags, and then having to head back to the fire station in an emergency.

Do the CAA approve of this type of fire cover when they do their inspections. I thought all airport emergencies had to be within a certain time limit?
Jack of all trades advert.
https://www.gazettelive.co.uk/news/t...usual-14312655
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Old 20th Feb 2018, 12:29
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I wasn't aware that fire fighters had to unload aircraft and marshal as well as fight fires? Does this happen at other international airports such as Newcastle or Leeds?
Probably not at these two, but it's common at smaller airports (no slight intended!).

Do the CAA approve of this type of fire cover when they do their inspections.
No, of course not - that's why the airport have advertised it in a major regional newspaper - they're just hoping that nobody will notice (especially the guys from the world renowned fire training organisation based on site....)
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