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Durham Tees Valley-7

Old 8th Dec 2018, 10:52
  #1101 (permalink)  
 
Join Date: Apr 2003
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Originally Posted by Robert-Ryan View Post
Where does Stobarts name appear please? Do we really want them in?!
The Logisitcs giant is a different company to the one that runs airports..

DURHAM COUNTY COUNCIL: Airport could be run by logistics giant - Hartlepool Mail

And Doris is back on the case

Durham Tees Valley Airport sale deal sparks link road proposal concern
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Old 8th Dec 2018, 19:09
  #1102 (permalink)  
 
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Is Doris on the pay role for Newcastle airport?
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Old 9th Dec 2018, 08:56
  #1103 (permalink)  
 
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What would a certain cllr done if MME was still a noisy RAF base with QRA aircraft defending the country?
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Old 9th Dec 2018, 10:31
  #1104 (permalink)  
 
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Stobart..

Noone can say that they did not turn round the fortunes of Southend , which if my dim memory serves was , pretty much dead until they came in.
Now it's got a healthy operation.
As for Carlisle that one the less said the better .
MME did work , so there cannot be any reason can't be again in the future.
But with Brexit looming who can say.
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Old 9th Dec 2018, 10:43
  #1105 (permalink)  
 
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Noone can say that they did not turn round the fortunes of Southend , which if my dim memory serves was , pretty much dead until they came in. Now it's got a healthy operation.
They've spent an awful lot of money, we'll call it healthy when they start seeing a return.

MME did work , so there cannot be any reason can't be again in the future.
Agian, depends what you mean by "did work" - make enough money to allow the owners to invest and develop the airport?
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Old 9th Dec 2018, 10:48
  #1106 (permalink)  
 
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Durham Tees Valley

I wonder how many airports finances are in the black. The last time that I checked Newcastle was about 350,000,000 in the red. Has anything changed?
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Old 9th Dec 2018, 11:51
  #1107 (permalink)  
 
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Depends what you mean by in the red - if you earn enough to cover what you've spent to develop the business and make a return to your owners, that's fine. As I understand it that's the postion NCL is in - MME weren't and I don't think SEN is.
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Old 9th Dec 2018, 12:53
  #1108 (permalink)  
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Southend's position is far from healthy if you look at their finances. Airports like Newcastle can afford to rack up debt and loss like it's nobody's business knowing fine well they''ll still be around for decades to come.
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Old 9th Dec 2018, 13:03
  #1109 (permalink)  
 
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Originally Posted by Robert-Ryan View Post
Airports like Newcastle can afford to rack up debt and loss like it's nobody's business knowing fine well they''ll still be around for decades to come.
Sounds like a strange business plan - and NCL returns a dividend from operating profits to it's owners most years?

Be interesting to see what the Mayor comes up with, but on first appearances it seems we are know back where we were when the LA's sold the airport to Peel in the first place - back in public control but without the money to develop it. Either one of the airport operator who have signed NDA's will be investing as well as operating the airport (Peel mk 2) or it's going to be more taxpayers money.
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Old 9th Dec 2018, 14:13
  #1110 (permalink)  
 
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Newcastle's loss or profit comes after money is paid out on repayments/interest on financing that was mostly taken out to pay for the 49% plus some expansion! Once this has been paid out any money left over is paid out as dividends. This is standard in any business or personal finance, you can have as much debt as you can cover!!
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Old 11th Dec 2018, 08:53
  #1111 (permalink)  
 
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I think the phrase is 'Speculate to accumulate '. Larger hangers are required for engineering, aircraft resprays and freight etc. I believe the airport cannot survive on just passengers alone.
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Old 11th Dec 2018, 09:02
  #1112 (permalink)  
 
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Originally Posted by oldart View Post
I think the phrase is 'Speculate to accumulate '. Larger hangers are required for engineering, aircraft resprays and freight etc. I believe the airport cannot survive on just passengers alone.
Which is what the Masterplan was about. Peel planned to do it by using the money from the housing development. Presumably the mayor has other plans.
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Old 11th Dec 2018, 22:23
  #1113 (permalink)  
 
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The St George Hotel : The End is Nigh !

The hotel closed for business several days ago but has been open again today for pre-sale viewing of the entire hotel contents including function rooms , kitchen , bar and bedrooms which will be auctioned off tomorrow , Wednesday 12th. . I called in and had free rein around the hotel and took the opportunity to have a good look around parts of the hotel normally off-limits to the visiting public and found that the 'back office' services area was quite extensive but probably much altered since it's days as an officers mess . Sadly the building is or rather was crying out for investment to modernise it and it will be interesting to see if it will have a future should Mayor Houchen's buy-out plan be accepted by the local authorities .

Details of the auction and the contents for sale can be found here ; Auction: Under instructions from Tower Hotel Management (Part of the Peel Group) we are instructed to offer for sale by public auction the contents of The St George Hotel, Durham Tees Valley Airport, Darlington, DL2 1RH ON SITE at the property. - Lit .
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Old 12th Dec 2018, 13:18
  #1114 (permalink)  
 
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October CAA stats:
Terminal passengers: 12,468 - up 10% v prior year
Aberdeen: 1,646 - down 32%
Amsterdam: 10,657 - up 26%

Best month on Amsterdam since April 2008. Aberdeen down due to the extra Loganair flights last year but in line with October 2016.

Rolling 12 month passengers: 140,971 - on course to be the best year for the airport since 2014 - still at a low base of course.
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Old 12th Dec 2018, 15:39
  #1115 (permalink)  
 
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This thread may have to be renamed shortly. Teeside Airport could be back.

https://www.bbc.co.uk/news/uk-england-tees-46521226
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Old 12th Dec 2018, 16:16
  #1116 (permalink)  
 
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No idea why he's commissioned a poll, he knows very well what the result will be.
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Old 13th Dec 2018, 08:43
  #1117 (permalink)  
 
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Comments made on the BBC news site about runways lengths, I believe Newcastle is 7642 feet long with TODA of 7887 feet and MME is 7516 feet long with TODA of 8432 feet.
For aircraft performance they are almost identical, unless someone else believes otherwise.
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Old 13th Dec 2018, 11:59
  #1118 (permalink)  
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I recall them taking steps to fix it but NCL had a delve in the middle of their runway pronounced enough to require a tech stop for some long haul flights, so whilst shorter in length we technically had the longer runway
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Old 13th Dec 2018, 12:23
  #1119 (permalink)  
 
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Of the issues facing MME, runway length isn't one of them. The issue at NCL as I understand it is high ground off the 25 end which restricts some heavy departures.
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Old 13th Dec 2018, 12:27
  #1120 (permalink)  
 
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Certain engine powered A320s couldn't leave with a full fuel load off 25 due to the high ground, thus they diverted to DTVA.
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