Durham Tees Valley-7

[Beafer]

Rumour in the village is that the Tees Valley Mayor may be looking into leasing the airport buildings, runway and hangars if there are no objections to Peel building more houses.
It would make sense to Peel to offload the expense of paying staff etc. Talks are ongoing according to insiders at the ghost town.

Wonder if this will mean that there won't be any late night flights to keep the neighbours happy if the deal is done?

[N707ZS]

If he leases the buildings I wonder who will be responsible for the repairs? "If the Mayor brings in the flights that everyone want's", you are bound to get late night all night holiday flights, just look at the arrivals at the neighbouring airports.

[Beafer]

Originally Posted by N707ZS

If he leases the buildings I wonder who will be responsible for the repairs? "If the Mayor brings in the flights that everyone want's", you are bound to get late night all night holiday flights, just look at the arrivals at the neighbouring airports.

The councils already pay the DTV airport staff pensions, so they would probably pick up the repairs bill.
Noticed Peel are pushing their new warehouses at airport locations such as the old Sheffield Airport site on their Logistics twitter page.
Wonder why they didn't invest in large warehouses at DTVA? Would have thought the rents would have helped the airport. Peek were going to bring cargo into DTVA but it didn't happen?
https://twitter.com/PeelLogistics

[SWBKCB]

Wonder why they didn't invest in large warehouses at DTVA?

You mean like the one's proposed in the Masterplan?

[LTNman]

The thought of the day is that substantially more people have viewed this thread than passengers passing through this airport in a 12 month period.

Seem to remember that Peel Airports sold the airport back to Peel Holdings in or around 2012. So why would Peel Holdings want to buy a loss making enterprise when its other company could not turn the airport around? It wouldn’t be for the land it sits on would it?

[N707ZS]

At the end of the day land is useless until you actually find someone who actually wants to use it, even the local housing market is flooded.

[oldart]

Social Housing! Somehow I don't think so, that does not make as much profit. Back to the drawing board.

[LTNman]

Airports can be served with an Asset of Community Value order by the council. This means when Peel Airports sold the airport to Peel Holdings in 2012 the council would have had 6 months to match the bid to get control of the airport. Wonder what the sale price was? A community order would have stopped them selling it for a £1 to themselves.

[N707ZS]

Perhaps the council didn't want it and the debt, been done to death on here, you should know as you have been on her since 2002! When the Mayor plan goes tits up they might buy it back for £1 again. You also missed the Canadian saga.

[tigertanaka]

Originally Posted by Beafer

The councils already pay the DTV airport staff pensions, so they would probably pick up the repairs bill.
Noticed Peel are pushing their new warehouses at airport locations such as the old Sheffield Airport site on their Logistics twitter page.
Wonder why they didn't invest in large warehouses at DTVA? Would have thought the rents would have helped the airport. Peek were going to bring cargo into DTVA but it didn't happen?
https://twitter.com/PeelLogistics

I thought the councils had picked up the potential future liability for any deficit in the pension funds? This is quite different to actually paying the pensions.

Normal commercial practice is for the tenant to be responsible for repairs and maintenance of the property that they are renting (normally to the standard it was in when the lease started).

[Beafer]

Originally Posted by tigertanaka

I thought the councils had picked up the potential future liability for any deficit in the pension funds? This is quite different to actually paying the pensions.

Normal commercial practice is for the tenant to be responsible for repairs and maintenance of the property that they are renting (normally to the standard it was in when the lease started).

Some light reading regarding Peel and the DTVA staff pensions.
Echo DTVA pension news.
£6.5m 'pensions bombshell' part of plans to save Durham Tees Valley airport | The Northern Echo

Gazette - DTVA pensions news 2015. Unions concerned.
https://www.gazettelive.co.uk/news/t...staff-10053614

Update.
https://www.gazettelive.co.uk/news/t...rport-10071817

DTVA - Deed of variation of Pensions Admission by Durham Council.
https://democracy.durham.gov.uk/docu...%2002%2014.pdf

[tigertanaka]

Originally Posted by Beafer

Some light reading regarding Peel and the DTVA staff pensions.
Echo DTVA pension news.
£6.5m 'pensions bombshell' part of plans to save Durham Tees Valley airport The Northern Echo

Gazette - DTVA pensions news 2015. Unions concerned.
https://www.gazettelive.co.uk/news/t...staff-10053614

Update.
https://www.gazettelive.co.uk/news/t...rport-10071817

DTVA - Deed of variation of Pensions Admission by Durham Council.
https://democracy.durham.gov.uk/docu...%2002%2014.pdf

So the have (potentially) walked away from their share of any potential historic liability (has this actually been confirmed?), not from paying the pensions of retired employees (as they were always paid by the councils anyhow). Current employees presumably now have a defined contribution scheme that replaced the final salary scheme (as has happened in virtually every other non-government business in the UK).

[Beatts]

[Robert-Ryan]

Saw that earlier, what a kn*b! His three points couldn't be any less true

[N707ZS]

Definitely a joker that one, usually pops up when everything is done and claims it for himself. Teesside doesn't exist so there's nothing to save.

[jensdad]

Originally Posted by N707ZS

Teesside doesn't exist so there's nothing to save.

Highways England seem to think it does, if the signs on the A1 (which date from long after the name change) are anything to go by! I know this has been done to death, but the fact that the airport management call the airport by a vastly different name to a large part of the local populace (and HE) is symptomatic of the general shambles the airport has become. I am from Newcastle but it gives me no pleasure at all to say so.

[No-More-Bullschit]

Originally Posted by jensdad

the general shambles the airport has become.

Care to elaborate? Before you do perhaps first acquaint yourself with this.

[jensdad]

Originally Posted by No-More-Bullschit

Care to elaborate? Before you do perhaps first acquaint yourself with this.

I remember when MME had flights to the Dominican Republic when Newcastle had none. Prague was served from MME before Newcastle. AMS, CDG, LHR all served simultaneously from MME, now you're just left with AMS. Taking a view over the last twenty years it is impossible to claim that things have gone anything other than disastrously. As I say, although NCL is my 'local', there is no gloating from me. It genuinely saddens me to see what has become of MME.

[No-More-Bullschit]

Different world, different time, different market place. Several other airports around the country can make the same nostalgic recollections, the insinuation that it is just MME or MMEs fault winds me up

[N707ZS]

Sounds like a job for Beafer, digging into the dirty dead's of routes and marketing in the 80s and 90s.