Teesside-2
From the linked article
Another interesting bit:
https://www.teessideinternational.co...out-referndum/
The newly-established, Teesside Airport Foundation will hold the 25 percent stake - meaning the airport is 100 percent locally controlled. This will then consist of an independent board of trustees, with applications for those interested opening today.
As a result of the changes, a requirement for a referendum held across the Tees Valley will need to be held if the airport ever goes up for sale has been announced today.
There wasn't much under private ownership....
There's a publicly funded 10 year investment plan in place. How much do you think Stobart were contributing?
Funny but unlikely if you look at the selection criteria in the links above
There's a publicly funded 10 year investment plan in place. How much do you think Stobart were contributing?
Would be funny if trustees were from FlyBe, Ferrovial, Stobart etc 
Wasn't the original plan for Stobart to eventually buy the lot.
The land on the Southside and the whole airport is constantly being eyed by local land agents and developers.
The land on the Southside and the whole airport is constantly being eyed by local land agents and developers.
Join Date: Aug 2014
Location: Outer London
Age: 43
Posts: 604
Likes: 0
Received 0 Likes
on
0 Posts
Sorry, but with no disrespect to the Teeside region I can say as a resident of the SEN catchment that a NCL route would have had far greater potential. Newcastle is a recognised weekend destination, Stockton less so. Newcastle is that little bit further which makes flying more worthwhile. It wouldn’t have been a Newcastle to London route anyway, it would have been Essex to Newcastle. I doubted NCL would have worked in any case. SEN-MME definitely wouldn’t.
AirportPlanner1, if your route was for a holiday Teesside could be better, Newcastle 30mins, Durham similar, South to North Yorkshire and near the A66 for a drive to the Lakes.
Join Date: Aug 2014
Location: Outer London
Age: 43
Posts: 604
Likes: 0
Received 0 Likes
on
0 Posts
The thing is N Yorks is straight up the M11 and A1 and quite an easy journey, the faff of getting to SEN (or STN), flying up and getting a car to come south again isn’t worth it and would certainly be longer even with a service station stop. I don’t think anyone would use Teesside for the lakes unless they lived in Teesside. The argument for Durham works in reverse and actually it’s better from central Newcastle, what a 10/15 min train ride? NCL is well placed for the Northumberland coast and national park, again much more of a trek from here. Certainly ‘the lads’ would go to Newcastle for a weekend on the town.
All irrelevant anyway, the point is the announcement of SEN-NCL was in no way a reflection of Stobart “loyalty” to MME.
All irrelevant anyway, the point is the announcement of SEN-NCL was in no way a reflection of Stobart “loyalty” to MME.
Agreed. A bigger question is "what purpose did Stobart serve". Other than Kate appearing now and then there was no obvious Stobart presence.
Will things stagnate now they have left?
Will things stagnate now they have left?
Kate's not been seen for a long time. Did Stobart do anymore than their name, as an established airport operator, gave a bit of credibility to the Mayor's buy-out?
Further details and political comment
https://www.thenorthernecho.co.uk/ne...-airport-full/
https://www.thenorthernecho.co.uk/ne...sside-airport/
Sadly the MP doesn't seem to know how the airport is funded
The Disposal described above constitutes a Class 2 transaction for Esken for the purposes of the Financial Conduct Authority's Listing Rules. Esken's shareholding in Teesside International Airport was treated as an investment on the Group's balance sheet and ascribed a £nil value as at 28 February 2021.
"A £nil value will be ascribed to the deferred consideration. Esken's shareholding in Teesside International Airport did not contribute to the Group's full year results for the year ended 28 February 2021. Any proceeds arising from the Disposal will be used for general corporate purposes."
"A £nil value will be ascribed to the deferred consideration. Esken's shareholding in Teesside International Airport did not contribute to the Group's full year results for the year ended 28 February 2021. Any proceeds arising from the Disposal will be used for general corporate purposes."
Labour MP for Stockton North, Alex Cunningham branded the announcement as "disappointing," highlighting previous suggestions they would make the airport "viable."
He said: “It’s disappointing to see Stobart jump just ship two years into a ten-year plan when they briefed the Combined Authority and others about their successes elsewhere, and how they’d make Teesside not just viable, but a major airport in its own right. This decision also poses the questions: why and when did they decide this, and did the Mayor know of Stobart’s plan to abandon Teesside Airport before the May election and his request for a further £10m to support it. Stobart is leaving local taxpayers to shoulder the costs. I just hope the Mayor isn’t going to spend even more of our people’s money on this project when our communities still suffer from a totally inadequate public transport system."
He said: “It’s disappointing to see Stobart jump just ship two years into a ten-year plan when they briefed the Combined Authority and others about their successes elsewhere, and how they’d make Teesside not just viable, but a major airport in its own right. This decision also poses the questions: why and when did they decide this, and did the Mayor know of Stobart’s plan to abandon Teesside Airport before the May election and his request for a further £10m to support it. Stobart is leaving local taxpayers to shoulder the costs. I just hope the Mayor isn’t going to spend even more of our people’s money on this project when our communities still suffer from a totally inadequate public transport system."
Sadly the MP doesn't seem to know how the airport is funded
Interesting week....
https://www.gazettelive.co.uk/news/t...rport-21154851
The Tees Valley Mayor has defended a decision to cancel a contract for Teesside International Airport's security firm, claiming it will save a six-figure sum.
Close Security Protection was dropped by the airport after two years managing site security - in a move branded 'disgraceful and underhand' by the firm.
Close Security Protection was dropped by the airport after two years managing site security - in a move branded 'disgraceful and underhand' by the firm.
https://www.gazettelive.co.uk/news/t...rport-21154851
Ms Willard appears to be a Director of the Teesside Airport Foundation, along with some other familiar names.
https://find-and-update.company-info...81287/officers
https://find-and-update.company-info...81287/officers
Join Date: Mar 2013
Location: UK
Posts: 412
Likes: 0
Received 0 Likes
on
0 Posts
Can't answer your question about who picked the officers Beafer, but it is extremely commonplace (especially in Mergers & Acquisitions) for new companies to be setup with a holding name and then renamed when the transaction is announced.
Join Date: Mar 2013
Location: UK
Posts: 412
Likes: 0
Received 0 Likes
on
0 Posts
June CAA stats:
Terminal passengers: 7,297 (178 passengers in June 2020, 15,027 in June 2019)
Overall, this is the best month for passengers since February last year and the best month for domestic traffic since March 2009 (when the BMI Heathrow route ended).
Aberdeen had it's best month since November 2017 and loads of 17.9 passengers per flight (plus the transfer passengers) are very strong. Belfast is also looking good, averaging 15.1 passengers per flight, the same as Newquay. Heathrow is once again disappointing with an average of 8.4 passengers per segment (up from 6.5 in May & 3.3 in April), although the codeshare did not start until mid July. Amsterdam had only 50 passengers but only 4 flights in June. Clearly, covid will be impacting JER, ALC, FAO and PMI so maybe see how things develop in July?
Terminal passengers: 7,297 (178 passengers in June 2020, 15,027 in June 2019)
- Aberdeen: 2,510 (up 60% on June 2019)
- Belfast City: 783
- Bristol: 504 (includes 142 charter)
- Jersey: 501 (down 30% on June 2019)
- Heathrow: 945
- Newquay: 363
- Alicante: 591
- Amsterdam: 50
- Faro: 143
- Palma: 279
- Luton: 113 (Scottish FA)
- Glasgow: 193 (Scottish FA)
- Bucharest: 99
- Mykolaiv (in Ukraine apparently): 61
- Agadir: 52
- Vienna: 56
- Graz: 54
Overall, this is the best month for passengers since February last year and the best month for domestic traffic since March 2009 (when the BMI Heathrow route ended).
Aberdeen had it's best month since November 2017 and loads of 17.9 passengers per flight (plus the transfer passengers) are very strong. Belfast is also looking good, averaging 15.1 passengers per flight, the same as Newquay. Heathrow is once again disappointing with an average of 8.4 passengers per segment (up from 6.5 in May & 3.3 in April), although the codeshare did not start until mid July. Amsterdam had only 50 passengers but only 4 flights in June. Clearly, covid will be impacting JER, ALC, FAO and PMI so maybe see how things develop in July?
Last edited by tigertanaka; 29th Jul 2021 at 17:40. Reason: Missed Vienna & Graz
Join Date: Dec 2003
Location: Darlington
Posts: 214
Likes: 0
Received 0 Likes
on
0 Posts
TUI Flights
Anyone know which airline is going to be used for the TUI flights next year? I thought it was going to be TUI themselves, but on the website it has changed to 'other carrier' - or too early to even be sorted yet?
Join Date: Feb 2005
Location: NE ENGLAND
Posts: 957
Likes: 0
Received 0 Likes
on
0 Posts
As an observation, then without KL providing connectivity to the "world" then one has to assume that this must provide a substantial boost to LM's LHR offering in the short term at least, though clearly not apparent up to end of June ?