Southend-3
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Death by a thousand cuts.
https://www.morningstar.co.uk/uk/new...perations.aspx
How can one return flight a night generate £900,000 in 5 months? At least now they can close the airport at night to save money and keep the locals happy.
https://www.morningstar.co.uk/uk/new...perations.aspx
As a result, Esken said it expects a GBP900,000 hit to earnings before interest, tax, depreciation and amortisation for the remainder of the current financial year, before exit fees. Esken's financial year runs to the end of February 2023.
Doesn't look like they are going anywhere - from the Esken trading statement
LSA has been one of its global logistics customer's best performing aviation hubs. However, the operation has over time reduced from an original 18 flights per week to 7 since October 2021 and the global logistics partner has now advised LSA that it will cease operations in line with a change of strategic focus from air freight to road-based cargo. This decision is one of several long-term changes to its logistics network throughout the UK designed to fulfil more customer demand locally.
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Please note, the terminal is only open from two hours prior to scheduled flights and not our full listed hours.
https://www.echo-news.co.uk/news/207...icante-demand/
Southend Airport is reportedly focusing on Alicante "a lot" as bosses hope airlines take notice of the high demand.
A spokesman for Southend Airport has said the team is working hard behind the scenes to secure as many new routes as possible for 2023, while answering frequently asked questions on Southend Airport's Facebook story
A spokesman for Southend Airport has said the team is working hard behind the scenes to secure as many new routes as possible for 2023, while answering frequently asked questions on Southend Airport's Facebook story
Esken anticipates that the impact on EBITDA for the remainder of FY23 will be in the order of c.£0.9m before exit fees receivable by Esken. There are exit fee provisions within the contract and the logistics customer will also pay fees related to its 60-day notice period. The FY24 impact on Esken's Aviation business is expected to be a c.£2.9m reduction in EBITDA, prior to any additional cost savings and/or new cargo agreements. The management team has been in discussions with other logistics businesses over the last twelve months to highlight the benefits of the operation at LSA. LSA employs 12 people within the cargo operation and Star Handling, formerly Stobart Aviation Services, employs 60 people in service of the global logistics partner contract.
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https://www.echo-news.co.uk/news/208...night-flights/
Residents near Southend Airport delight after end of night flights
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Looks like Chelsea FC entourage will be treading Southend's tarmac in the early hours of 7th September returning from Zagreb on a 2excel B737 due no doubt to jet bans at other London airports. Probably take nearly as long by coach from Southend back to Chelsea HG/trading ground than flying from Zagreb!
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Looks like Chelsea FC entourage will be treading Southend's tarmac in the early hours of 7th September returning from Zagreb on a 2excel B737 due no doubt to jet bans at other London airports. Probably take nearly as long by coach from Southend back to Chelsea HG/trading ground than flying from Zagreb!
It is around 50 miles. Not too bad in the middle of the night.
