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Old 22nd Dec 2019, 21:25
  #141 (permalink)  
 
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Originally Posted by highwideandugly
And Newcastle ..more to follow..
Yeah 2x Routes lost to base closure and 1 half operated by sister airline Lauda.
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Old 22nd Dec 2019, 21:33
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Don't forget Ryanair and Stobart are already working together at Southend.
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Old 7th Jan 2020, 15:27
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Must be due some announcement soon as the mayor is due for re-election in May. He has found the money to buy the place from Peel but other than that only a small charter season to Majorca is new and that hasn't been advertised so will it happen.
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Old 7th Jan 2020, 16:50
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At least he’s high profile...onto Steel now...

probably finding out that’s it’s not as easy as he promised/thought ?

plenty of time though before people start asking questions about if the money could have been better spent on the general infrastructure of Teesside?

Just seems a lot of money for a few thousand locals to go holiday,when roads,trains and buses might have been a better investment for the region as a whole?
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Old 9th Jan 2020, 18:02
  #145 (permalink)  
 
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Latest accounts. £3m admin costs.

Accounts made up to March 2019. Signed off by directors 20th December 2019. Some new directors on the board.

Interesting accounts. Rail halt costs. Staff wages over £3.5 million a year for 81 staff. page 24. Assets valued at £55m. page 28.

Filing history. PDF shown 3rd January 2020. https://beta.companieshouse.gov.uk/c...filing-history






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Old 10th Jan 2020, 00:05
  #146 (permalink)  
 
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Just a quick question... Is ATC back to 24h now? I've noticed that the IAS Medical King Airs come and go from your neck of the woods to mine at all times of the night.
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Old 10th Jan 2020, 06:26
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Interesting costs! I know ATC are paid much more than Newcastle ATC even though ,Newcastle handles nearly 5 million more passengers and at least twice? The movements?... Good negotiator there!!

I think the medical flights operate out of hours? No AFS. and someone puts the lights on/off..
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Old 10th Jan 2020, 06:42
  #148 (permalink)  
 
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at least twice? The movements?
Think it might be a bit more than - Newcastle airport lists over 40 arrivals today and the Teesside website 4. Don't think private flights etc are that different between the two.
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Old 10th Jan 2020, 07:49
  #149 (permalink)  
 
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Originally Posted by highwideandugly
Interesting costs! I know ATC are paid much more than Newcastle ATC even though ,Newcastle handles nearly 5 million more passengers and at least twice? The movements?... Good negotiator there!!

I think the medical flights operate out of hours? No AFS. and someone puts the lights on/off..
Are you sure as I know for definite that the NCL controllers were better paid hence why MME controllers moved up the road!
MME were one of the worst paid units in the country if you had full ratings across the disciplines.
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Old 10th Jan 2020, 10:38
  #150 (permalink)  
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Controllers were getting their radar licences then going elsewhere as Onion says due to pay; so the controllers pay/benefits was increased somewhat to improve retention
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Old 10th Jan 2020, 12:38
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Seems to have worked as Teesside appear to be ok staffing wise and I believe attracting staff back from Newcastle? Meanwhile ATC up there seems to be in meltdown with new management? Heard up to 9 ATCOs departed in recent weeks..? Divs. Anyone!
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Old 10th Jan 2020, 13:52
  #152 (permalink)  
 
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Originally Posted by highwideandugly
I think the medical flights operate out of hours? No AFS. and someone puts the lights on/off..
Ah right, that explains it Cheers hw&u.
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Old 10th Jan 2020, 14:11
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Originally Posted by Beafer
Accounts made up to March 2019. Signed off by directors 20th December 2019. Some new directors on the board.

Interesting accounts. Rail halt costs. Staff wages over £3.5 million a year for 81 staff. page 24. Assets valued at £55m. page 28.

Filing history. PDF shown 3rd January 2020. https://beta.companieshouse.gov.uk/c...filing-history
Of course the first thing to remember is that Peel were running the show for virtually all of this period. Secondly, there has been a big restatement of the 2017/18 accounts - I am not sure of the reason for this, it just says "Following a review by management, it has been determined that the financial statements for the year ended 31 March 2018 and earlier periods contained amounts which required subsequent amendment". As a result there are some quite significant movements in both the P&L and the Balance Sheet, compared to what was reported when the 2017/18 accounts were originally published.

But ignoring the one off items and the discontinued operations, we have an airport that had income of £7.1m in 2018/19 and running costs of £9.8m so ended up losing £2.7m (operating profit).
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Old 10th Jan 2020, 14:49
  #154 (permalink)  
 
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Originally Posted by highwideandugly
I think the medical flights operate out of hours? No AFS. and someone puts the lights on/off..
This is true although ATC are being extended soon, not sure if it's by enough to cover IAS ops, whether it's for a reason or whether it's speculative to make us look more attractive to potential operators?
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Old 11th Jan 2020, 09:17
  #155 (permalink)  
 
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I think the medical flights operate out of hours? No AFS. and someone puts the lights on/off..
This might not be right, but I read somewhere that during the hours of darkness, the medical flights are able to operate the lights remotely, therefore no ATC required.
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Old 11th Jan 2020, 14:24
  #156 (permalink)  
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IAS were the reason the DMs went 24hrs a couple of years back.
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Old 12th Jan 2020, 16:39
  #157 (permalink)  
 
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Should the Teesside taxpayers be worried about the latest financial figures revealed in the Sunday Times?

Lots of bluster from the mayor..but it’s very slow progress attracting new business. Maybe the development of the south side might help the balance sheets..not sure aviation wise what it will bring though?
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Old 12th Jan 2020, 17:04
  #158 (permalink)  
 
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The ST story is just what Beefer and in particular Tigertanaka have detailed above, and doubt whether Teesside tax-payers will be worried as the money for the airport came out of the regeneration fund provided by central Govt.

There will have to be more money spent on the southside before there is any possibility of a return
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Old 13th Jan 2020, 12:25
  #159 (permalink)  
 
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Mr Houchen said the losses were "proof of delivery" on the pledge he made to scrap Peel's plan for housing. He said: "When I brought our airport back into public ownership, I made a commitment that not a single house would ever be built on our airport for as long as I am Mayor. I said very publicly that I would stop Peel’s plan to build 350 homes right outside the airport terminal on the car park, a decision the vast majority of local people backed.
He added: "The previous owners expected to get £5m for the 350 houses. "Once this is removed from the airport’s accounts, the performance of our airport is where we expected it to be at this stage in my 10-year rescue plan that people can view online". The accounting period represented "just six weeks" under the new owners, he added.
.
'Teesside Airport's figures are where they should be': Mayor responds as £5m losses revealed
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Old 13th Jan 2020, 12:52
  #160 (permalink)  
 
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Originally Posted by highwideandugly
Should the Teesside taxpayers be worried about the latest financial figures revealed in the Sunday Times?

Lots of bluster from the mayor..but it’s very slow progress attracting new business. Maybe the development of the south side might help the balance sheets..not sure aviation wise what it will bring though?
Agreed, it will take some form of development to help fund the airport.
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