Teesside-2

[Grumpy1]

"Ryanair are having significant problems with delivery of their 737s that are on order"
Although certainly an issue, think that was an excuse made up when Ryanair were slow to confirm that last years routes would return. Other UK airports have seen a Ryanair expansion.

"It really does seem there is a huge reluctance on behalf of other carriers to use Teesside"
When the mayor secured the Ryanair deal it was reported that there was a no competition deal preventing other low cost carriers from coming in for a period so we were never going to see Easyjet or Jet2 etc. Is this still the case?

[Markushillman]

I think in reference to Ryanair, it seems clear that with Teesside, Exeter and now my local Norwich, Ryanair realistically see these airports as a few Sunshine routes, no more no less. Clearly that is where your rumoured Malaga route will eventually come from (Norwich has Malaga coming for 2025 so the rumours go with Malta as a stand in for this year, so id expect the same for Teesside). But personally I wouldn't expect to see anything more than that in the future.

In fact if you look at Teesside and Norwich they are almost Identical now in routes, the only thing missing for Teeside which Norwich does have is a TUI summer seasonal base. Which of course opens up more routes for the airport.

So perhaps this may be your best bet for future route expansion, as clearly Ryanair have a plan for these smaller airports and it isnt a big one.

[Bill Darlington]

Board members

Yes the board members are in the main councillors but 8 resigning is just too many... sounds more like a fundamental disagreement with the major

[Bill Darlington]

Reluctant Ryanair

Yes I seem to remember a quote that the mayor has signed a ,,7 year deal with Ryanair and he was desperate to see that deal done, as one of his pledges was to bring in a LCC hub, well he's brought in a few flights, a hub was never going to happen
reluctance may also be linked to Teessides terrible credit rating of just 1.5 out of 5...... Newcastle have 5
The mayor seems to spend a lot of time on social media telling us how great he is making the area and how the airport is progressing so rapidly , but in reality flights out next summer are down, people keep asking for more and he keeps promising, do people know his past ?

[onion]

Originally Posted by Bill Darlington

Thanks for your reply, as I thought, I presume the only real asset is the airport itself, it must be that, but it appears that the figure has been used to make the loss less, would you think likewise?

No this is the investment properties that this specific element relates too.
The runway and associated airport buildings (terminal) are valued and almost £0 currently due to the current aviation climate.

The opposite could be said in that as the runway and terminal are valued at £0 the airport is possibly undervaluing itself.... some may say this is prudent.

[onion]

Originally Posted by Bill Darlington

Yes the board members are in the main councillors but 8 resigning is just too many... sounds more like a fundamental disagreement with the major

Probably not as the councillors are sworn onto the board and will either have a fixed term or their terms are linked to them being councillors!
I was a director at a sport association due to being voted each year by my club to be their representative director on the association.

[SWBKCB]

And as if any disagreement would have been kept quiet!

[Grumpy1]

"do people know his past?"
In every interview I've seen he tends to edit out certain bits....... but in fairness we would probably all do that.

[Harold77]

Originally Posted by Bill Darlington

Yes the board members are in the main councillors but 8 resigning is just too many... sounds more like a fundamental disagreement with the major

The Councillors will have lost their seats in the May elections. It is always a case that after each elections Councillors are added/ removed from Board of Directors.

So there is no real story in that 8 have resigned their position on the board, especially if they have lost their council seats.

[Bill Darlington]

Comments

On the Airport's Facebook page a couple days ago was a comment about it's loans, and one answer stated that the airport plan had been removed from the Teesside.gov page, and I checked, yes no mention of the airport at all
Seems that the mayor does not want this brought up any more.
Newcastle airport announced yet more routes last week, this time Easyjet twice weekly to Alicante from April and considerably cheaper than flying from Teesside, not good news
​​​

[Bill Darlington]

A happy New year to everyone

[Harold77]

The full Business Case for purchase is still online.

https://teesvalley-ca.gov.uk/about/w...dix-2-DTVA.pdf

[SWBKCB]

To be fair to BD if you google "Tees Valley Combined Authority Teesside airport business case" this page came up as the top hit

https://teesvalley-ca.gov.uk/investm...alley-airport/

and clicking on "Click here to view the full business case" link comes up "404 NOT FOUND"

H77's link isn't immediately apparent from the TVCA website menu's

[Bill Darlington]

Originally Posted by SWBKCB

To be fair to BD if you google "Tees Valley Combined Authority Teesside airport business case" this page came up as the top hit

https://teesvalley-ca.gov.uk/investm...alley-airport/

and clicking on "Click here to view the full business case" link comes up "404 NOT FOUND"

H77's link isn't immediately apparent from the TVCA website menu's

Not too transparent !!??
Thanks

[Grumpy1]

Outputs

• Secure the 400 direct jobs at the airport
• Lead to a tenfold increase in passenger numbers by 2023 (up from 130,000 in 2017)
• Attract a low-cost carrier and up to ten additional routes, with half scheduled and half chartered flights
• See an economic impact of £421million per year, and add around 7,000 jobs in the wider economy by 2027

[highwideandugly]

That went well!

[onion]

Originally Posted by highwideandugly

That went well!

Only failing on one and that point was hit by COVID.

[Harold77]

Well no one knew that something like Covid would happen. That could never be foreseen it or the effects it would cause.

So out of four full Financial Years since purchase, two were wrecked by Covid.

If Covid never happened then passenger figures and routes would have bedded in well and expanded much more. The routes announced after take over never got a chance to get off the ground due to Covid. Things would certainly have been very different by now if Covid hadn't hit.

It is knowing how to read the results in the context that is required, given Covid.

There were three scenarios that business plan taken into account.

So since purchase in February 2019 to October 2023
Terminal Passengers 618,181, November will see that to just over 630k
Aircraft Movements 85,224

So from where we started from in February 2019 to October 2023 with well over two years marred by Covid, progression is heading in the right direction.

[Grumpy1]

Thanks Harold. I have just won my bet that you would introduce Covid as an excuse again that apparently only impacted on the Tees Valley but two years after the event has not caused the same stagnation at our competitors up and down the road.

I realise that some of us may not “know how to read the results” but Covid was then and this is now so making up none existent jobs, inventing imaginary new routes, plus manipulating the financials does not help.

Can we at least recognise that the current lack of new routes was not part of the plan so is disappointing please.

[SWBKCB]

I thought the view put forward was that Teesside had 'recovered' better from Covid than other airports. i.e. it is one of the few with higher passenger numbers now than before Covid?