Teesside-2
Join Date: Mar 2013
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Here is my interpretation of the Ryanair routes for May. Note that the charter numbers given by the airport to the CAA for Palma (ie TUI) are clearly incorrect as there were only 6 rotations (probably officially only 5 as no-one would have been on the first inbound).
Destination / May pax / rotations / Ave pax / load factor
Alicante / 2,509 / 18 / 161.4 / 85.4%
Faro / 2,341 / 16 / 160.0 / 84.6%
Palma (scheduled so FR) / 2,262 / 18 / 125.7 / 66.5%
Palma (charter so TUI) / 1,247 / 6 / 207.8 / 110%
Palma (combined) / 3,509 / 24 / 146.2 / 77.4%
Assuming 189 seats on a 737-800 plus 95% loads and 5 segments on TUI in May, this would mean that Ryanair were getting a 76.7% load factor on Palma.
Happy to be corrected on these figures Cautious Optimist but if you think the May loads are better, this means the airport have been 7nder reporting to the CAA or there were fewer rotations than I have above (these are my numbers, not from the CAA).
As others have said, it’s the yield (and airport financial support) that really matters but in the absence of those juicy figures, all we can look at is loads.
mmeman there are 72 seats on the ATR to Jersey so a load factor of over 68 would seem pretty good if you assume there were actually only 3 flights (ie no one on the first inbound).
Destination / May pax / rotations / Ave pax / load factor
Alicante / 2,509 / 18 / 161.4 / 85.4%
Faro / 2,341 / 16 / 160.0 / 84.6%
Palma (scheduled so FR) / 2,262 / 18 / 125.7 / 66.5%
Palma (charter so TUI) / 1,247 / 6 / 207.8 / 110%
Palma (combined) / 3,509 / 24 / 146.2 / 77.4%
Assuming 189 seats on a 737-800 plus 95% loads and 5 segments on TUI in May, this would mean that Ryanair were getting a 76.7% load factor on Palma.
Happy to be corrected on these figures Cautious Optimist but if you think the May loads are better, this means the airport have been 7nder reporting to the CAA or there were fewer rotations than I have above (these are my numbers, not from the CAA).
As others have said, it’s the yield (and airport financial support) that really matters but in the absence of those juicy figures, all we can look at is loads.
mmeman there are 72 seats on the ATR to Jersey so a load factor of over 68 would seem pretty good if you assume there were actually only 3 flights (ie no one on the first inbound).
Join Date: Dec 2014
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Regarding the ATR, G-CMEI has 68 seats, whereas G-IACY/Z have 72, and since they can't guarantee the availability of G-IACY/Z, they can only sell 68 seats.
Join Date: Jan 2013
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Airport share holders - oversight.
A neighbour who overlooks the airport asked me who now owns the airport after the recent deal between the Mayor and a couple of local people. A 90/10 split I believe.
https://www.gazettelive.co.uk/news/t...deals-22989843
How can people who are reported to be tory donors in the article above be handed 90% of the airport land?
Peel purchased 75% in 2003 for £500k. The Mayor then paid £40m of public money to buy it back from Peel.
https://www.gazettelive.co.uk/news/t...tails-14601584
How much did the recent deal bring to the airport coffers? Was there any oversight into how the land was given to the local company?
What happens if they decide to sell their 90% when the Mayor moves on ?
The company has been mentioned by a tory MP regarding MANSTON airport in this BBC article.
https://www.bbc.co.uk/news/uk-england-kent-29326000
https://www.gazettelive.co.uk/news/t...deals-22989843
How can people who are reported to be tory donors in the article above be handed 90% of the airport land?
Peel purchased 75% in 2003 for £500k. The Mayor then paid £40m of public money to buy it back from Peel.
https://www.gazettelive.co.uk/news/t...tails-14601584
How much did the recent deal bring to the airport coffers? Was there any oversight into how the land was given to the local company?
What happens if they decide to sell their 90% when the Mayor moves on ?
The company has been mentioned by a tory MP regarding MANSTON airport in this BBC article.
https://www.bbc.co.uk/news/uk-england-kent-29326000
I suggest you go back and re-read the articles - there has been no deal to transfer airport land. Your first article references Teesworks, not the airport and the split you reference is for the operating company, not the land. The same guys are involved in the company set up to develop the southside of the airport - again no land involved.
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More on who owns what. Was the land given to the private company, or is it a free lease?
https://northeastbylines.co.uk/part-...crock-of-gold/
The company involved on the south side.
https://find-and-update.company-info...mpany/12543704
The directors. https://find-and-update.company-info...43704/officers
Filing history.
https://find-and-update.company-info...filing-history
Looking at the history, there is a mention of the charity commission. Has it been set up as a charity which some companies do> I gather it saves them paying business rates?
https://northeastbylines.co.uk/part-...crock-of-gold/
The company involved on the south side.
https://find-and-update.company-info...mpany/12543704
The directors. https://find-and-update.company-info...43704/officers
Filing history.
https://find-and-update.company-info...filing-history
Looking at the history, there is a mention of the charity commission. Has it been set up as a charity which some companies do> I gather it saves them paying business rates?
Airport being hit hard now by KLM.
No flights from Friday early departure until Tuesday early departure, according to airport web site.
As I said looks disproportionate ..Newcastle still at 4 ish per day!
No flights from Friday early departure until Tuesday early departure, according to airport web site.
As I said looks disproportionate ..Newcastle still at 4 ish per day!
Join Date: Apr 2002
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NCL reduced to 3 flights a day. Like I suggested earlier, it'll be the smaller airports who will lose out, especially if KLM serve a nearby airport at a higher frequency anyway
Interesting to see the Magic Rugby traffic using Teesside this weekend.
Wonder if Newcastle unable to handle due too busy!
Maybe that’s the way forward..pick up extras from our neighbours?
Wonder if Newcastle unable to handle due too busy!
Maybe that’s the way forward..pick up extras from our neighbours?
Join Date: Oct 2009
Location: Teesside
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Really sad news coming out of DSA this morning.
Adds credence to the suggestion MME would have been closed by now if Houchen hadn’t stepped in.
Early days I know, but in the real world of business, there (maybe) are 4 TUI aircraft needing a new base for next year and local(ish) punters needing flights. Does this present an opportunity for MME to capture more TUI traffic (even if it is just a one/two aircraft base)?
Adds credence to the suggestion MME would have been closed by now if Houchen hadn’t stepped in.
Early days I know, but in the real world of business, there (maybe) are 4 TUI aircraft needing a new base for next year and local(ish) punters needing flights. Does this present an opportunity for MME to capture more TUI traffic (even if it is just a one/two aircraft base)?
I was never good at economics….DSA 1.4 million passengers per annum plus massive air freight and ancillary aviation business..result …closure due unviable and loss making
MME 20000k passengers ..no freight ..plenty of ancillary business…..open and thriving….
Am I missing something🤔
MME 20000k passengers ..no freight ..plenty of ancillary business…..open and thriving….
Am I missing something🤔
Join Date: Oct 2009
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Let’s not forget MME is loss making and has been for a long time. The difference now is there is a plan with deep pockets to turn it around - it is this that is the difference.
Make no mistake, if MME doesn’t turn profitable and there is no sign of that changing, our fate will be the same.
Thankfully we’ve bought ourselves some time and are heading in the right direction.
Make no mistake, if MME doesn’t turn profitable and there is no sign of that changing, our fate will be the same.
Thankfully we’ve bought ourselves some time and are heading in the right direction.
Join Date: Feb 2005
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I was never good at economics….DSA 1.4 million passengers per annum plus massive air freight and ancillary aviation business..result …closure due unviable and loss making
MME 20000k passengers ..no freight ..plenty of ancillary business…..open and thriving….
Am I missing something🤔
MME 20000k passengers ..no freight ..plenty of ancillary business…..open and thriving….
Am I missing something🤔
I was never good at economics
Join Date: Oct 2009
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https://www.gazettelive.co.uk/news/t...ughed-24490250
MME still heavily in the red and more taxpayers funds needed.
Note the comment about new airlines and popular holiday routes landing next year.
Still not fair to judge numbers from the Covid period so I suspect 22/23 will be the first real test for our financial direction of travel.
MME still heavily in the red and more taxpayers funds needed.
Note the comment about new airlines and popular holiday routes landing next year.
Still not fair to judge numbers from the Covid period so I suspect 22/23 will be the first real test for our financial direction of travel.
Fuller comments in the Echo
FedEx don't usually get a mention beside the usual suspects.
"We will see passenger numbers go through the roof relative to what we had, but the honest answer is I couldn't tell you whether we're going to get to half a million passengers in the next 12 to 24 months. That's largely because airlines are again struggling with staff and struggling to cope with the flights that they've got at the minute.
"We will get more flights over the next 12 months, that's definitely going to happen. But will it be as quick as we would like? Probably not, but that's the unwinding of Covid. It's frustrating, but it's where we are."
"We will get more flights over the next 12 months, that's definitely going to happen. But will it be as quick as we would like? Probably not, but that's the unwinding of Covid. It's frustrating, but it's where we are."
“We are working with businesses like Draken Europe, Willis Asset Management and FedEx to bring more good quality well-paid jobs to Teesside, which is exactly what will turn our airport’s fortunes around so it can be fully commercially viable and stand on its own two feet.”
And here's one for Beefer - some clarity around the names Corney and Musgrave would be a start....
Replying to critics calling for more financial clarity, he said: "The accounts are right here, so there isn't anything to hide and I've never understood that - what is it that you don't have? I get frustrated with the Teesworks stuff as well. All the accounts are published with all the details and yet people say there's this veil of secrecy. What are we not telling you? I don't understand. It's just an easy line that they don't have to defend."
And in other news - more sweating of the assets
https://www.gazettelive.co.uk/news/t...-firm-24492452
Solar panels on swathes of publicly owned land are part of a grand plan to set up Teesside’s own energy firm as prices soar. Documents for the Tees Valley Combined Authority (TVCA) show a £50m vision to create an energy firm by setting up panels on land next to airport runway - with the possibility of also using land at the South Tees Development Corporation (STDC).