Luton-10
Paxing All Over The World
I expect that the UK, along with much of the world, is heading into a major recession. There are also those suggesting that we will be in Stagflation. The pains for the world, post Covid, have just been made worse.
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2022 summer season was always going to mean full aircraft. Folk with vouchers, rebooked flights and those that needed a foreign sun holiday.
The problem airlines and tour operators have is cash flow, those that had vouchers or re-booked flights, airlines have probably spent that cash already. How do you generate more cash, by flooding the market with seats, launching flight programmes early and hoping oil stays around $100 a barrel.
I predicted last year, that Winter 2022/23 will see the demise of some airlines. Events to the east only exaggerate that claim. I also predict more consolidation in Europe. I'd love to be proved wrong, but the inflationary pressures on travel added to reduced household disposable income means the aviation world continues its cyclic ups and downs.
Woe betide any businesses over leveraged with cheap debt that will become more expensive.
I nearly forgot to mention that the leasing companies have taken a massive 'haircut' in Russia, so rates will increase to make up for losses. Planes will also be far more expensive to manufacture. Staffing costs will also head upwards. Charges by handing agents, MROs, airports............
The problem airlines and tour operators have is cash flow, those that had vouchers or re-booked flights, airlines have probably spent that cash already. How do you generate more cash, by flooding the market with seats, launching flight programmes early and hoping oil stays around $100 a barrel.
I predicted last year, that Winter 2022/23 will see the demise of some airlines. Events to the east only exaggerate that claim. I also predict more consolidation in Europe. I'd love to be proved wrong, but the inflationary pressures on travel added to reduced household disposable income means the aviation world continues its cyclic ups and downs.
Woe betide any businesses over leveraged with cheap debt that will become more expensive.
I nearly forgot to mention that the leasing companies have taken a massive 'haircut' in Russia, so rates will increase to make up for losses. Planes will also be far more expensive to manufacture. Staffing costs will also head upwards. Charges by handing agents, MROs, airports............
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After Monarch closed, I don't think anybody tried Luton (or any London airport) to Eilat. Arkia and Wizz focussed on London-Tel Aviv. There's a new, shiny, and rather underused airport now in Eilat which opened in Jan 2019
Could be wrong on this... happy to be corrected.
Could be wrong on this... happy to be corrected.
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I'm sure they announced an increase but it never happened then the whole route was canned, if the moneys right it may return, hey WZZ have more slots to use now.
What more might be on the radar is Egypt though, they are testing with Abu Dhabi base and there will be demand from Eastern Europe as well as UK to Hurghada & Sharm, why let EZY have all the fun!
What more might be on the radar is Egypt though, they are testing with Abu Dhabi base and there will be demand from Eastern Europe as well as UK to Hurghada & Sharm, why let EZY have all the fun!
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The compulsory backtrack Notam has been removed a month early.
Second Biz jet banned from leaving Luton due to Ukraine
Second Biz jet banned from leaving Luton due to Ukraine
NO AEROPLANE OF THE TYPE D ASSAULT FALCON 7X AND WHICH IS REGISTERED TO VELUT LTD IS TO DEPART FROM LUTON AIRPORT.
NO AEROPLANE OF THE TYPE GULFSTREAM AND WHICH IS OPERATED BY FALCON WINGS IS TO DEPART FROM LUTON AIRPORT
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Don't think slots are an issue yet.
It's parking. Didn't the LCFC toys stop over the weekend then reposition to SEN afterwards?
El Al start double daily tomorrow, that will be x9 week.
It's parking. Didn't the LCFC toys stop over the weekend then reposition to SEN afterwards?
El Al start double daily tomorrow, that will be x9 week.
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WZZ reported load factors of 61.0% & 69.8% for Jan & Feb so far across their whole network,
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As some will remember, the government recently put on hold the airport owner approving the airport operators application for 19m. Some thought the holding letter was just a formality before taking no further action. The government has now decided to call-in the application, so will need a Public Inquiry, which will come as a major shock to the Town Hall.
Maybe the government doesn't like the idea that the Council approved in effect its own airport planning application put in by its partner, while the DCO application for expansion from 18m to 32m has yet to be submitted.
When Luton Council started planning for airport expansion in 2016 the world was a different place. Maybe just maybe the Council has blown the £517m so far spent since 2016 that has yet to add a single passenger.
So will the airport operator withdraw the application due to cost or will the Council pick up the bill? At the planning committee meeting where this application was approved, the Council spent a small fortune making sure the application would go through by employing a QC and getting reports written to support the application to make it look all above board. They have been rumbled!
Maybe the government doesn't like the idea that the Council approved in effect its own airport planning application put in by its partner, while the DCO application for expansion from 18m to 32m has yet to be submitted.
When Luton Council started planning for airport expansion in 2016 the world was a different place. Maybe just maybe the Council has blown the £517m so far spent since 2016 that has yet to add a single passenger.
So will the airport operator withdraw the application due to cost or will the Council pick up the bill? At the planning committee meeting where this application was approved, the Council spent a small fortune making sure the application would go through by employing a QC and getting reports written to support the application to make it look all above board. They have been rumbled!
Last edited by LTNman; 7th Apr 2022 at 05:47.
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As some will remember the government recently put on hold the airport owner approving the airport operators application for 19m. Some thought the holding letter was just a formality before taking no further action. The government has now decided to call-in the application, so will need a public enquiry, which will come as a major shock to the Town Hall.
Maybe the government doesn't like the idea that the Council approved in effect its own airport planning application put in by its partner and has done so for years, while the DCO application for expansion from 18m to 32m has yet to be submitted.
When Luton Council started planning for airport expansion in 2016 the world was a different place. Maybe just maybe the Council has blown the £517m so far spent that has yet to add a single passenger.
Maybe the government doesn't like the idea that the Council approved in effect its own airport planning application put in by its partner and has done so for years, while the DCO application for expansion from 18m to 32m has yet to be submitted.
When Luton Council started planning for airport expansion in 2016 the world was a different place. Maybe just maybe the Council has blown the £517m so far spent that has yet to add a single passenger.