Durham Tees Valley-7
The quote seems odd - the bit about KLM makes no sense, not clear who is employing the route development person (surely this should be Peel? and the papers published say it's to cover airline start up loses?), and tourist flights (presumably outbound?) add nothing to "regional connectivity", which is the stated aim.
However, the mayor’s office has said this new £1m deal will not be open to Peel and was separate to the ongoing discussions on any potential handover.
The money is for airlines to apply for, the money will be available whoever owns the airport. The £500K applied for by Peel wasn't just for routes, but also to fund retail developments.
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DTVA ltd assets valued at £26m by Peel
Re the losses which Peel show as over £2.5m a year in the last accounts. I noted that they show their tangible assets (land and buildings) are worth over £26.6 million. Not bad for only paying £500k for the 835 acres.
If Peel do decide to sell it back to the Mayor, will they be looking for £26m which is their estimate shown in their companies house filing for last year (PDF Jan 2018)
https://beta.companieshouse.gov.uk/c...filing-history
If Peel do decide to sell it back to the Mayor, will they be looking for £26m which is their estimate shown in their companies house filing for last year (PDF Jan 2018)
https://beta.companieshouse.gov.uk/c...filing-history
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I'm sure I read somewhere that they stated total losses since they took over amount to 48 million, they'd want that back I would have thought so 74 million is probably nearer the mark.
Surprised no-one has brought the below up; suspect Eastern are to credit!
http://www.bbc.co.uk/news/uk-44190066
Surprised no-one has brought the below up; suspect Eastern are to credit!
http://www.bbc.co.uk/news/uk-44190066
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No it doesn't. It shows, after depreciation a book value of £5m. And if you look at the full balance sheet, the liabilities are greater than the assets. Not a healthy balance sheet at all. You need to read the full accounts Beafer....
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KLM 1533 from AMS this morning diverted to Newcastle, and returning from NCL to AMS as KL1534 departed at 13:25 just ahead of Newcastle's own service KL960 - Passengers being ferried by coach to/from MME
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KLM 1533 from AMS this morning diverted to Newcastle, and returning from NCL to AMS as KL1534 departed at 13:25 just ahead of Newcastle's own service KL960 - Passengers being ferried by coach to/from MME
No 'secret deal' behind airport controversy - councilor
And Cllr David Walsh, the Labour leader of the authority at the time, believed the airport does have a future but wanted to dismiss the rumours surrounding the sale of the airport. He said: “There is no secret hidden at the bottom of this, it was a very simple issue faced by the local authorities at that time that would not alter one iota, if it was happening now we would have to take the same decision. There’s no Da Vinci code in the middle of it, there is no hidden horde of gold, there is no strange Masonic handshakes between Peel and the local authorities – people want to believe that sort of thing and that is what motivates quite a lot of this."
Stockton council
Amazed Beafer hasn't posted this, must be walking the dog.
https://www.gazettelive.co.uk/news/t...-make-14762997
https://www.gazettelive.co.uk/news/t...-make-14762997
Last edited by N707ZS; 9th Jun 2018 at 07:53.
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Pie in the sky but worth a post. Easyjet want a Heathrow base with us as a destination...
easyJet reveals routes for potential Heathrow base at anna.aero-RABA HubLab conference; 18 domestic destinations identified
easyJet reveals routes for potential Heathrow base at anna.aero-RABA HubLab conference; 18 domestic destinations identified