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Luton-10

Old 31st Oct 2022, 18:36
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Total clickware article, better to read the storey in The Times or Yahoo Finance.
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Old 31st Oct 2022, 22:12
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Grrr

Originally Posted by davidjohnson6
Could I gently and respectfully suggest moving discussion of a possible takeover of Easyjet by IAG to the Easyjet thread instead of the Luton thread ?
EasyJet-6
easyJet are based at Luton, thus the reason I posted it here. Many hundreds of people employed at the Luton H.Q.
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Old 1st Nov 2022, 10:56
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[QUOTE=Buster the Bear;11323350]easyJet are based at Luton, thus the reason I posted it here. Many hundreds of people employed at the Luton H.Q.[/QUOTE

Of course you are right to hi-lite the story. Who ever thought it was not appropriate in this forum which is about Luton Airport and it’s businesses must be short of two planks.
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Old 1st Nov 2022, 11:31
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I agree with the above two comments. The clue is in the title, Airlines, Airports and Routes. If an event has the potential to impact the airport then it seems logical that it will be worthy of a mention.
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Old 1st Nov 2022, 23:19
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Well it beats the talk of Luton residents getting bi-annual wheelie bin collections to pay for DART........
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Old 2nd Nov 2022, 06:23
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The Dart will never be paid for, as the debt is now too high. With an impairment value of only £77m based on a build cost of £268m that is now £281m and rising, it is a financial disaster for the council taxpayers yet most have no idea what is going on, as the LRT/LBC propaganda machine is in full swing.


What is impairment?

In accounting, impairment is a permanent reduction in the value of a company asset. It may be a fixed asset or an intangible asset.

When testing an asset for impairment, the total profit, cash flow, or other benefits that can be generated by the asset is periodically compared with its current book value. If the book value of the asset exceeds the future cash flow or other benefits of the asset, the difference between the two is written off, and the value of the asset declines on the company's balance sheet.Understanding Impairment

Impairment is most commonly used to describe a drastic reduction in the recoverable value of a fixed asset. The impairment may be caused by a change in the company's legal or economic circumstances or by a casualty loss from an unforeseeable disaster.
With no opening date in sight it was stated that an update would be given next year giving 10 weeks notice meaning the best that can be hoped for now is the Spring of 2023.

Meanwhile the trains go up and down empty. All the station lights are on 24/7 while the staff and managers are being paid. Income to date is zero.

Next year the Dart will be spun into a separate company owned by LRT with its own management team. Then it will be sold off at an eye watering loss. No one has mentioned this sale but it will eventually happen as sure as night follows day.

This is what happens when financially illiterate Councillors become directors of LRT and were incapable of asking any meaningful questions. For most, financial discipline means making sure that their housing benefits can stretch to buying Nike’s for their kids.

Last edited by LTNman; 3rd Nov 2022 at 18:16.
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Old 2nd Nov 2022, 16:42
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I went through the airport the other week for the first time since August 2018. We had a short trip to AGP for a cousin's wedding.

Out on an 06:00 Ezy and the place was not too busy but I thought signage was lacking. At bag drop, Ezy were sensible and had helpers at the weigh/print kiosks but it still took some folks several goes to get it done.

We then found that, on your way upstairs, you have to cross at right angles to those just entering the building - just as before. Security was OK. Not too busy but, natch, not many chairs. There was no decent map of the gates that I could find. When sending people to gates, no indication of how long it woud take to get there. The usual long wait at the gate. We were bussed out and that was OK.

Returning about Midday, we found the passport area very busy. The system did not like my passport, so I had to queue again. This has become standard for me, I only get passed about 40% of attempts.

On getting to baggage hall, it was rammed and difficult to see the numbers of the belts. We discovered that we were at the right belt by reading the numbers on other belts. Then the monitor said that our bags would arrive in 35 minutes. We were just deciding weather to find a vending machine when one of our party saw our bags on the belt. That was less than 3 minutes after being told 35!! So we waded through the scrum to get them. We might have gone and found a place to wait and wasted all that time.

Overall, very dissapointing. The open ceilings continue the discount warehouse feel and left me feeling that LTN was now a Third Rank airport. I have been living near LTN for 38 years and used it countless times. I use it due to it's proximity but it would be nice to enjoy going there.
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Old 2nd Nov 2022, 20:29
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Overall, very dissapointing. The open ceilings continue the discount warehouse feel and left me feeling that LTN was now a Third Rank airport.
Airport management call it an industrial look. Everyone else calls it unfinished. The fact is that it was left unfinished to save money but has indeed left security and landside arrivals looking cheap and nasty. Customers perceptions were never a priority at the airport, which is why passengers get soaked when walking from the drop off area or boarding an aircraft.
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Old 2nd Nov 2022, 20:54
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My local pub has spent a fortune to get that Industrial look!
My local Government has borrowed £400m at market rates to finance a 100% owned company which pays 0% back. Current estimates are the loan will cost £580m with compound interest, that with only 85,000 residents who will not all be tax payers. All that behind closed doors as well! Sounds familiar?
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Old 2nd Nov 2022, 22:06
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Yes, it was obvious that it was to save money. But the constant changes of plan, putting carparks in different places, the putting and pulling down of structures is all typical of the UK and the short term approach to infrastructure.

Going through the other week reminded me of BOD. There are two terminals. One is the old and 'regular' one and the other is the cheap shed for the LCCs. I find that acceptable because there is no pretence. You get waht you pay for. Sadly, not the case here.

As I say, I shall continue to use it because of location, very much better than STN or LGW for distance from us.
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Old 3rd Nov 2022, 13:57
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Remember you are going through the terminal that is handling around 15m passengers this year. It was 18m in 2019. The plan is to shoehorn 19m with no terminal additions if the public inquiry goes their way. Passenger comfort is seen as an inconvenience to making money not that LRT is making any but LLAOL is.
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Old 3rd Nov 2022, 18:50
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Lapland for 2023. https://travelweekly.co.uk/news/tour...anta-day-trips
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Old 3rd Nov 2022, 20:02
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£2556 for two parents and a couple of kids for a day trip from Luton. For that money I would expect a proper airport experience. The well-heeled will be in for a shock.
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Old 3rd Nov 2022, 21:26
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Wizzair UK

With offerings to Sharm el Sheikh, Hungarda, Agadir & Marrakesh now on tap is the UK based operations getting rid of their East European roots from Luton?

As for Santa flights, hope someone like Jet2 as a friend did one and it was Air Enter. Very basic service on board. A least they won't be doing the baggage reclaim on a daytrip. Add a couple of grand and the family can do it in style with a Netjets or Air Hamburg and experience Harrods or Signature service!
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Old 4th Nov 2022, 00:34
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Originally Posted by pabely
With offerings to Sharm el Sheikh, Hungarda, Agadir & Marrakesh now on tap is the UK based operations getting rid of their East European roots from Luton?
I doubt it. For much of the day it is a struggle to hear a passenger speaking English. The strange thing is that there are many Eastern European languages yet to me they all sound the same. The other strange thing is that I can spot an Eastern European from 50m away yet I would not be able to explain why they look different apart from the Roma who stand out like a sore thumb.

Oh and young Eastern European women are general far better looking than their English counterparts but maybe I can’t say that.
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Old 4th Nov 2022, 01:20
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Originally Posted by LTNman
Airlines and staff that get taken over don't seem to do too well in the UK. Full circle, as I remember easyjet taking over the BA low cost carrier Go
Go staff did very nicely thankyou in the sleazy mugging thanks to the foresight and generosity of one of the finest bosses ever to grace British aviation.
But I think not one of us would have wanted all that money if we could have had our wonderful company back. Going from happy, proud and smart Go to a gloomy and downtrodden sleazy bereft of morale with the image of a backstreet takeaway kebab joint was like working for Marks and Spencer and learning on the radio news one black friday afternon that you'd just been bought out by poundland.
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Old 4th Nov 2022, 10:18
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Originally Posted by Pain in the R's
£2556 for two parents and a couple of kids for a day trip from Luton. For that money I would expect a proper airport experience. The well-heeled will be in for a shock.
Families going to Lapland expect an “airport experience”? Have a day off. If so, they’re in for a shock in Scandinavia.
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Old 4th Nov 2022, 13:29
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Originally Posted by Dannyboy39
Families going to Lapland expect an “airport experience”? Have a day off. If so, they’re in for a shock in Scandinavia.
Indeed. They are flying to Pajala. It’s little more than a glorified shed.
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Old 4th Nov 2022, 14:38
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Same at both ends then. Shame the Dart won’t be open for Christmas. Maybe next Christmas or the year after.
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Old 6th Nov 2022, 21:16
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Under the radar this weekend was the full 7 a week and extended operating hours of connections of the Elizabeth Tube Line, Farringdon being the go to place if wanting to go to Luton Airport. Fully operational with full objectives open by May 2023.
DART open by then?
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