Teesside-2
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The article states a 314,000 passenger target next year although the Mayor later claims the target is 400,000. Either way this looks to be a tough ask - unless more routes are in the pipeline. It looks like they are also expecting to get Amsterdam back up to 10k pax a month.
A bit of guestimation from me - capacity might be nearer 400k though:
A bit of guestimation from me - capacity might be nearer 400k though:
- Amsterdam: 120k (pre covid run rate)
- Aberdeen: 25k
- Heathrow: 40k (26 flights a week x 30 pax)
- Belfast: 12k (12 flights a week x 20 pax)
- Dublin: 9k (12 flights a week x 20 pax - starts April)
- Southampton: 9k (12 flights a week x 20 pax - starts April)
- Newquay: 2.5k (current run rate)
- Jersey: 2.5k (2019)
- Alicante: 31k (4 flights a week x 150 pax)
- Palma: 18k (4 flights a week x 30 weeks x 150 pax)
- Faro: 18k (4 flights a week x 30 weeks x 150 pax)
- Palma: 8k (2 flights a week x 27 weeks x 150 pax)
- Antalya: 8k (2 flights a week x 27 weeks x 150 pax)
- Burgas: 5k (2019)
- Total: 308k
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Despite being an optimist, I don't think they will be anywhere near those numbers (Amsterdam will be lucky to do 70k next year IMO) ! I was trying to put myself in the airport's shoes.
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These figures in the Independent article appear to come from the same source as those in the Northern Echo the other day. However the 2020/21 accounts have not been filed with Companies House yet (and are not due until December) so I guess that they have been leaked to the media by someone with an agenda.
According to the Gazette:
If it has been released, anybody know where it can be found? Anyway, irrespective of whether it's been leaked or released, doubt whether the numbers will change.
An updated business plan for the airport has been released showing fresh targets for the site in the wake of covid and the departure of operator Stobart - now Esken - in July. The 16-page document forecasts the airport is on track to meet and surpass its pre-pandemic targets - and hit revenues of £30.5m by 2025. But the report also detailed how covid had hit the publicly-owned airport hard - with a £13.8m loss in the previous financial year.
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I just found the business plan: https://teesvalley-ca.gov.uk/wp-cont...dacted-002.pdf. Not unexpected to see the redactions for the financial forecasts but there are also some on the routes - maybe more to be announced soon?
Great bed time reading!
Why oh why is the financial aspects of the airport plan so covert?
If the airport is to succeed.its got to be in the public domain..shouting from the roof tops,open and free with honest scrutiny?
We all know the money that has been spent would have helped the region much more.Everyone would love a vibrant, go ahead and successful airport..but sometimes,common sense should be applied?🤔
Why oh why is the financial aspects of the airport plan so covert?
If the airport is to succeed.its got to be in the public domain..shouting from the roof tops,open and free with honest scrutiny?
We all know the money that has been spent would have helped the region much more.Everyone would love a vibrant, go ahead and successful airport..but sometimes,common sense should be applied?🤔
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Why has today's Ryanair from Faro diverted to NCL without even attempting to land at MME? Short staffed?
EDIT: talk of a light aircraft crash. Hope everyone ok
EDIT: talk of a light aircraft crash. Hope everyone ok
Last edited by GrahamK; 25th Sep 2021 at 10:32.
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Thoughts are with those affected in the accident today. I wish them a speedy recovery.
However, would Heathrow or even Newcastle be closed for 2 days following an incident? Slightly different circumstances but following the BA777 crash at Heathrow in 2008, they were fully operational again that evening, using a shortened runway length on 27L.
However, would Heathrow or even Newcastle be closed for 2 days following an incident? Slightly different circumstances but following the BA777 crash at Heathrow in 2008, they were fully operational again that evening, using a shortened runway length on 27L.
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An AA5? Total overkill? I experienced a few accidents during my 38 years in the industry and never closed an airport for this length of time for a small aircraft? Unless fuel contamination or some other influence the airport could have had on the accident aircraft? In fact fuel contamination can be checked very quickly! In my experiences with AAIB they are very aware of the need to re-open the airport and very happy to move light aircraft, but I left the UK in 2008 so things could have changed?
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So Beafer does that mean the short term debt has now been consolidated into a long term debt?
The majority of debt is owed to the group, or in other words the Majors office!
This type of financing is very common, look at Manchester United when the Glaziers bought it, they saddled their purchase debt onto the club!
Look on companies house!
The majority of debt is owed to the group, or in other words the Majors office!
This type of financing is very common, look at Manchester United when the Glaziers bought it, they saddled their purchase debt onto the club!
Look on companies house!
The airport was bought with taxpayers money, and the debt is funded by the taxpayer. It comes out of the Mayor's investment fund, so as Highwideandugly has meantioned on a number of occasions, money spent on the airport is taxpayers money that isn't being spent in other parts of the Tees Valley. Hasn't the Mayor said that if the airport fails i.e. can't repay its debts, it will be closed/sold for housing?
I would think the locals also won’t forgive him for spending towards £100 million pounds, which has been said many times on here could have been filtered into the local economies of the area?
It’s always seemed like a personal vanity vote winning project.The PR spin is actually quite embarrassing at times.
It’s always seemed like a personal vanity vote winning project.The PR spin is actually quite embarrassing at times.