Teesside-2
Join Date: Dec 2021
Location: Teesside
Posts: 285
Likes: 0
Received 0 Likes
on
0 Posts
Especially Draken having a substantial aircraft base has provided three income streams Rent, Fuel Sales and Movements Fees. If it wasn't for the Draken airborne operations, I don't think the airport would have survived the past decade.
Now we have Draken, Thales, Serco, FedEx, Willis, Airbourne Colours, IAS Medical plus AeroSchool and Eden Flight Training giving a good solid foundation base of incomes on the airfield and numerous airborne activity. Whilst the terminal redevelopment has seen new offices built with TVCA moving in plus the passenger terminal retail and hospitality units bringing in incomes. As passenger numbers climb car park incomes are increasing.
All this helps give the airport a firm financial footing on which passenger operations can be grown from.
Join Date: Dec 2021
Location: Teesside
Posts: 285
Likes: 0
Received 0 Likes
on
0 Posts
May be a case of they have an annual/ numerous year package deal fee, but that could include X amount of flights in the package. So in essence they are still paying for each flight. Then you have the fuel sales also.
Now we have Draken, Thales, Serco, FedEx, Willis, Airbourne Colours, IAS Medical plus AeroSchool and Eden Flight Training giving a good solid foundation base of incomes on the airfield and numerous airborne activity. Whilst the terminal redevelopment has seen new offices built with TVCA moving in plus the passenger terminal retail and hospitality units bringing in incomes. As passenger numbers climb car park incomes are increasing.
Last edited by SWBKCB; 3rd Mar 2024 at 06:54.
Some 10 years ago..it was once announced that it was a 2 million per year contract.
If benji would be a bit more open with revenue streams we might not have to speculate as much !
If benji would be a bit more open with revenue streams we might not have to speculate as much !
I think the only person who discusses the possibility of the airport being shut is the Mayor!
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
I've heard figures of £2m a year, £5m over a number of years and numerous other figures.
Let me put it this way when the Local Authorities owned the airport we did know the ins and outs of duck's a*@# so why are we so concerned about it now! Political motivation and keyboard warriors.
Most of the LAs if not all were Labour and Ben is a Conservative, the Internet and chat forums wasn't as accessible and back then the airport was carrying more passengers.
Just because you think and believe you are entitled to something doesn't mean you actually are.
Join Date: Nov 2022
Location: UK
Posts: 200
Likes: 0
Received 0 Likes
on
0 Posts
Have to disagree with Onion on this one. The Airport is "owned" and subsidised by the taxpayer so the taxpayer feels entitled to see the numbers regardless if there is a legal right to see the books.
The coruption report has identified a culture in which there is a reluctance to allow scrutiny and to demonstrate value for money and the Mayor's constant refusal to answer legitimate questions results in a lack of confidence and causes suspicion, leading some to ask what is he trying to hide. He is playing into the hands of those who want the project to fail.
I would love to know how much Ryanair recieve in "discounts", when Draken will start paying rent for their new hangar and definitely how much (if anything) his mates paid for the South Side.
The coruption report has identified a culture in which there is a reluctance to allow scrutiny and to demonstrate value for money and the Mayor's constant refusal to answer legitimate questions results in a lack of confidence and causes suspicion, leading some to ask what is he trying to hide. He is playing into the hands of those who want the project to fail.
I would love to know how much Ryanair recieve in "discounts", when Draken will start paying rent for their new hangar and definitely how much (if anything) his mates paid for the South Side.
Last edited by Grumpy1; 3rd Mar 2024 at 10:02.
Join Date: Oct 2009
Location: Teesside
Posts: 646
Likes: 0
Received 0 Likes
on
0 Posts
Now I am not saying words on here have the power to topple a mayor or kill an airport but collectively, combined with other media and actions could. This forum does not exist in a vacuum.
Now whilst the questions are legitimate to ask. And whilst it’s fair to say the mayor brings most of this on himself, there comes a point where you get worn down.
As I said the other day, the constant same questions, the disputing of facts, the claims of illegality. At the other end of this are businesses choosing to invest, employees with
mortgages to pay and dare I say it, a mayor and management team who are human beings who whilst getting lots of things wrong, are I believe, doing everything they can to make it a success.
Sooner or later, people will give up and say ‘sod it’. Sooner or later, people will walk away. Yes, the mayor may have caused lots of this and done little to help himself, but he is also keeping the airport going along with lots of companies, employees and stakeholders.
We may not want it to close, but be mindful of the actions of our words.
And if it did, the mature keyboard warriors will just blame the mayor and say ‘nowt to do with me guv, he started it.’
Last edited by P330; 3rd Mar 2024 at 13:52. Reason: Amendment
Join Date: Dec 2021
Location: Teesside
Posts: 285
Likes: 0
Received 0 Likes
on
0 Posts
Grumpy1.
Oh really.
Let's put it all out there for other airports/ airfields to see what we are charging. Then other airports/ airfields will come along and undercut by some way to gain business. What a way to do business unless you want to go out of business.
Even though it is publicly owned it doesn't mean the public are entitled to know what commercial terms that are in place.
Loose lips sink ships.
Oh really.
Let's put it all out there for other airports/ airfields to see what we are charging. Then other airports/ airfields will come along and undercut by some way to gain business. What a way to do business unless you want to go out of business.
Even though it is publicly owned it doesn't mean the public are entitled to know what commercial terms that are in place.
Loose lips sink ships.
Join Date: Dec 2023
Location: Uk
Posts: 95
Likes: 0
Received 0 Likes
on
0 Posts
A snippet from GOOGLE news
Ryanair has cut flights from its summer 2024 schedule after confirming on Friday (1 March) that it now expects to receive just 40 of the 57 planned Boeing 737-MAX8200 aircraft that were due to be delivered before the end of June 2024.
Ryanair has cut flights from its summer 2024 schedule after confirming on Friday (1 March) that it now expects to receive just 40 of the 57 planned Boeing 737-MAX8200 aircraft that were due to be delivered before the end of June 2024.
Join Date: Nov 2022
Location: UK
Posts: 200
Likes: 0
Received 0 Likes
on
0 Posts
It's a revamp of old news Bill. The rate of delivery has been known for a long time so suspect it's more to do with the justification of fare increases that they have linked this to given that new routes all over europe have been anounced.
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
Would you be willing as a taxpayer to pay for the indiscretions of an elected figure or a public body.... no you wouldn't.
The airport is bound by commercial contracts. If you want companies to leave quickly and loose all confidence in Ben and the public body that runs the airport then go ahead publish those commercially sensitive contracts. You won't get any company doing business with the airport.
You can't have it both ways! Crying foul when you say hes damaged goods while advocating to make it even worse!
Join Date: Nov 2022
Location: UK
Posts: 200
Likes: 0
Received 0 Likes
on
0 Posts
Just look at the damage caused to the credibility of the Teesworks as a result of him handing 90% to his associates in a secret deal. This was criticised in the corruption report although he did not recieve a brown envelope. On the face of it he has done somthing similar with the South Side, which I think had no tendering process, but he wont even indicate if any payment was recieved. It may have been a great deal for the taxpayer and the airport but we may never know and the uncertainty gives ammunition to the airports critics.
There has been much criticism that he has only attracted holiday flights that are of little economic benefit to the region but may help him win an election. Why refuse to answer questions about the basics of a deal (not the actual amounts involved) and shut the critics up.
There has been much criticism that he has only attracted holiday flights that are of little economic benefit to the region but may help him win an election. Why refuse to answer questions about the basics of a deal (not the actual amounts involved) and shut the critics up.
Join Date: Dec 2023
Location: Uk
Posts: 95
Likes: 0
Received 0 Likes
on
0 Posts
Here's a great video off you YouTube for you Grumpy
You may have seen it....it's 4 years ago, and Houchen is claiming that there will be 3.5 million sq ft built, later it was 1.9 million and more recently 2.8 million ????
So in 4 years just one unit, and less than 1%, very disappointing, and for the foreseeable future not likely to add much to revenues,
Unit D has been built, one of just 4 in the first phase, thereafter the joint venture will be not being building anymore, rather, renting out parcels of land for clients to build themselves, that's what I understand from the agents,
I did see some freedom of info requests made in the past but they were fobbed off, so I guess we'll never know the financing of the South side
You may have seen it....it's 4 years ago, and Houchen is claiming that there will be 3.5 million sq ft built, later it was 1.9 million and more recently 2.8 million ????
So in 4 years just one unit, and less than 1%, very disappointing, and for the foreseeable future not likely to add much to revenues,
Unit D has been built, one of just 4 in the first phase, thereafter the joint venture will be not being building anymore, rather, renting out parcels of land for clients to build themselves, that's what I understand from the agents,
I did see some freedom of info requests made in the past but they were fobbed off, so I guess we'll never know the financing of the South side
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
Here's a great video off you YouTube for you Grumpy
https://youtu.be/ulu_HTsoTLM?si=QxnhVHgA6ikUDYV-
You may have seen it....it's 4 years ago, and Houchen is claiming that there will be 3.5 million sq ft built, later it was 1.9 million and more recently 2.8 million ????
So in 4 years just one unit, and less than 1%, very disappointing, and for the foreseeable future not likely to add much to revenues,
Unit D has been built, one of just 4 in the first phase, thereafter the joint venture will be not being building anymore, rather, renting out parcels of land for clients to build themselves, that's what I understand from the agents,
I did see some freedom of info requests made in the past but they were fobbed off, so I guess we'll never know the financing of the South side
https://youtu.be/ulu_HTsoTLM?si=QxnhVHgA6ikUDYV-
You may have seen it....it's 4 years ago, and Houchen is claiming that there will be 3.5 million sq ft built, later it was 1.9 million and more recently 2.8 million ????
So in 4 years just one unit, and less than 1%, very disappointing, and for the foreseeable future not likely to add much to revenues,
Unit D has been built, one of just 4 in the first phase, thereafter the joint venture will be not being building anymore, rather, renting out parcels of land for clients to build themselves, that's what I understand from the agents,
I did see some freedom of info requests made in the past but they were fobbed off, so I guess we'll never know the financing of the South side
On a side note that was an expense in the accounts, so you could argue if that hadn't of been made the airport would of turned a profit last year! 🤔
The Southside is a joint venture. With a company 50/50 split with the airport. That company owns no land it is just a development and managment company currently.
So a different set up to the Teesworks area.
My point again is you can't complain that Ben is causing business to look elsewhere while advocating for the release of information that will almost certainly make those businesses go elsewhere! You are contradicting yourselves!
Join Date: Nov 2022
Location: UK
Posts: 200
Likes: 0
Received 0 Likes
on
0 Posts
Thanks Bill and Onion.
I was confident that Onion would provide some facts so thanks. The one similarity between Teesworks and the SS is that there has been a resistance to respond to enquiries by the press and others and explain what was happening which in the case of Teesworks resulted in numerous critical press reports and encouraged a certain Labour MP to make daft allegations under privilege.
I note with interest that the airport has transfered £6million to the developers whereas my simple mind asks if it should be the developers should be paying the airport for the valuable land that they have aquired.
Thanks to Bill for the YouTube link. Embarrassing.
Those of us who go to the South Side on a regular basis have spoken to the land owner plus land agents, surveyors and construction staff before work was suspended. There is much that could be said but perhaps not in a public forum although it is no secret that the project is years late and over budget. As Bill has pointed out, the origional plan to build units and rent them out on completion this seems to have been abandoned in favour of occupants renting plots and funding the building. Wasnt sure if this was in the public domain but others can speculate on the reason for this. Oh, and when I was last down, the farmer was still waiting for his money!!!
I was confident that Onion would provide some facts so thanks. The one similarity between Teesworks and the SS is that there has been a resistance to respond to enquiries by the press and others and explain what was happening which in the case of Teesworks resulted in numerous critical press reports and encouraged a certain Labour MP to make daft allegations under privilege.
I note with interest that the airport has transfered £6million to the developers whereas my simple mind asks if it should be the developers should be paying the airport for the valuable land that they have aquired.
Thanks to Bill for the YouTube link. Embarrassing.
Those of us who go to the South Side on a regular basis have spoken to the land owner plus land agents, surveyors and construction staff before work was suspended. There is much that could be said but perhaps not in a public forum although it is no secret that the project is years late and over budget. As Bill has pointed out, the origional plan to build units and rent them out on completion this seems to have been abandoned in favour of occupants renting plots and funding the building. Wasnt sure if this was in the public domain but others can speculate on the reason for this. Oh, and when I was last down, the farmer was still waiting for his money!!!
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
Thanks Bill and Onion.
I was confident that Onion would provide some facts so thanks. The one similarity between Teesworks and the SS is that there has been a resistance to respond to enquiries by the press and others and explain what was happening which in the case of Teesworks resulted in numerous critical press reports and encouraged a certain Labour MP to make daft allegations under privilege.
I note with interest that the airport has transfered £6million to the developers whereas my simple mind asks if it should be the developers should be paying the airport for the valuable land that they have aquired.
Thanks to Bill for the YouTube link. Embarrassing.
Those of us who go to the South Side on a regular basis have spoken to the land owner plus land agents, surveyors and construction staff before work was suspended. There is much that could be said but perhaps not in a public forum although it is no secret that the project is years late and over budget. As Bill has pointed out, the origional plan to build units and rent them out on completion this seems to have been abandoned in favour of occupants renting plots and funding the building. Wasnt sure if this was in the public domain but others can speculate on the reason for this. Oh, and when I was last down, the farmer was still waiting for his money!!!
I was confident that Onion would provide some facts so thanks. The one similarity between Teesworks and the SS is that there has been a resistance to respond to enquiries by the press and others and explain what was happening which in the case of Teesworks resulted in numerous critical press reports and encouraged a certain Labour MP to make daft allegations under privilege.
I note with interest that the airport has transfered £6million to the developers whereas my simple mind asks if it should be the developers should be paying the airport for the valuable land that they have aquired.
Thanks to Bill for the YouTube link. Embarrassing.
Those of us who go to the South Side on a regular basis have spoken to the land owner plus land agents, surveyors and construction staff before work was suspended. There is much that could be said but perhaps not in a public forum although it is no secret that the project is years late and over budget. As Bill has pointed out, the origional plan to build units and rent them out on completion this seems to have been abandoned in favour of occupants renting plots and funding the building. Wasnt sure if this was in the public domain but others can speculate on the reason for this. Oh, and when I was last down, the farmer was still waiting for his money!!!
Join Date: Dec 2023
Location: Uk
Posts: 95
Likes: 0
Received 0 Likes
on
0 Posts
This appears to be a very strange deal, it's supposed to be a joint venture where the airport puts in £6 million and the venture partner puts in nothing, I assume the £6 was to develope unit D and maybe the next one as well,
Can anyone explain why this seems to be a one sided deal
Can anyone explain why this seems to be a one sided deal