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Old 26th Apr 2024, 15:10
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It's not "only 147 passengers" though, is it? It's almost 300 per day if you count the return legs too.
9000 a month, 108000 a year. That's a lot less people paying for car parking, food & drinks, magazines, lounges etc. That'll hit the airport's bottom line.
There's also the loss of landing fees, fuel uplift and passenger fees. Losing an established operator on a trunk route is never a good thing.
Airports exist as an economic driver for the wider region, and the Southampton region has had business and commuter friendly flights to Scotland's largest and most industrial city for decades. After the 10th of May it won't have anymore, and that's an economic loss to the area.
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Old 26th Apr 2024, 15:20
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Originally Posted by The Nutts Mutts
It's not "only 147 passengers" though, is it? It's almost 300 per day if you count the return legs too.
9000 a month, 108000 a year. That's a lot less people paying for car parking, food & drinks, magazines, lounges etc. That'll hit the airport's bottom line.
There's also the loss of landing fees, fuel uplift and passenger fees. Losing an established operator on a trunk route is never a good thing.
Airports exist as an economic driver for the wider region, and the Southampton region has had business and commuter friendly flights to Scotland's largest and most industrial city for decades. After the 10th of May it won't have anymore, and that's an economic loss to the area.
Er, it’s not though is it as from the start of May easyjet go daily so capacity is not lost!
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Old 26th Apr 2024, 16:07
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It is a loss compared to LM remaining on the route and coexisting with easyJet which they had been until now.
And regardless of the passenger numbers, going from 3/4 flights per day to one is a net negative for the region's travellers, particularly business travellers, many of whom will use Heathrow instead.
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Old 26th Apr 2024, 21:45
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Originally Posted by SouthernAlliance
Er, it’s not though is it as from the start of May easyjet go daily so capacity is not lost!
Capacity may not be lost, but for those like me who need to be able to travel there and back in the day, it will entail an earlier start and an hour or more on the M3 to Heathrow.
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Old 26th Apr 2024, 21:54
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Originally Posted by SotonFlightpath
Capacity may not be lost, but for those like me who need to be able to travel there and back in the day, it will entail an earlier start and an hour or more on the M3 to Heathrow.
Sorry to hear that.
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Old 27th Apr 2024, 05:25
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If nothing else it will make the departure board look even more sparse and will remove a whole category of passenger that seeks flight times that easyjet will not be offering, while attracting a new category of passenger that is happy with the easyjet offering, if the price is right, despite the inflexibility of the random flight programme.

There is also the question of incentives, if any, that SOU had to offer easyjet vs the charges LM were paying as the established airline. Did SOU management approach LM with a better deal to try and keep them or has LM got itself into a huff at being forced off the route so jeopardising its other routes? The danger for the airport is that if easyjet pull the route it is unlikely LM will return.

Last edited by LTNman; 27th Apr 2024 at 06:14.
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Old 27th Apr 2024, 07:16
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"The danger for the airport is that if easyjet pull the route it is unlikely LM will return"

Not so sure - if they were making money before EJ came then they KNOW they can make money if EJ leave - it might not be instant but LM have survived by being very focused on what works FOR THEM.
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Old 27th Apr 2024, 07:30
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Originally Posted by stewyb
Good interview shown with AGS at Routes Europe recently. Mentioned that SOU was the most exciting project of all 3 of their airports, has huge potential and are looking to increase pax numbers with much more leisure. EasyJet was discussed as expanding at the airport and general growth would ‘snowball’ over the next few years, promising!
Can you post a link to this please, it sounds like it would be interesting to see in its entirety.
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Old 27th Apr 2024, 07:30
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Originally Posted by LTNman
If nothing else it will make the departure board look even more sparse and will remove a whole category of passenger that seeks flight times that easyjet will not be offering, while attracting a new category of passenger that is happy with the easyjet offering, if the price is right, despite the inflexibility of the random flight programme.

There is also the question of incentives, if any, that SOU had to offer easyjet vs the charges LM were paying as the established airline. Did SOU management approach LM with a better deal to try and keep them or has LM got itself into a huff at being forced off the route so jeopardising its other routes? The danger for the airport is that if easyjet pull the route it is unlikely LM will return.
What you describe on your first paragraph is pretty well what is happening at all UK airports excepting LHR and to a lesser extent LGW. Leisure is now dominant even at major regionals such as EDI, MAN, BHX and BRS, with business travel in steady decline, Covid and corporate "green" policies being largely to blame.
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Old 27th Apr 2024, 07:32
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Originally Posted by ATNotts
What you describe on your first paragraph is pretty well what is happening at all UK airports excepting LHR and to a lesser extent LGW. Leisure is now dominant even at major regionals such as EDI, MAN, BHX and BRS, with business travel in steady decline, Covid and corporate "green" policies being largely to blame.
Always was..
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Old 27th Apr 2024, 09:06
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Originally Posted by Link Kilo
Can you post a link to this please, it sounds like it would be interesting to see in its entirety.
Its on YouTube
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Old 27th Apr 2024, 12:49
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Originally Posted by Link Kilo
Can you post a link to this please, it sounds like it would be interesting to see in its entirety.
Here you go, SOU talk starts just after the halfway point, it begins talking about GLA.

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Old 27th Apr 2024, 13:08
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easyJet

So which destinations Should easyJet be adding?

High frequency regional is in decline the world over.

Emerald will be the next to make cut backs.
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Old 27th Apr 2024, 16:53
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Anyone have any info or updates on the refinancing of the 757m depts AGS currently have, I believe the payment maturity date is 18th June 24?
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Old 27th Apr 2024, 17:53
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Originally Posted by Irishshamrock
So which destinations Should easyJet be adding?

High frequency regional is in decline the world over.

Emerald will be the next to make cut backs.
If this happens where does it leave SOU ?
I'm afraid that the runway extension has been a damp squib, we are back to relying on one airline ,that is EASY,just like FLYbe pre covid.
There is no airlines coming through with new route,bar a 2x Caen service,the domestic routes are contracting at a alarming rate,we can't complete with BOH rapid expansion,how can the airport reach break even figures of 1.2 mill?
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Old 27th Apr 2024, 19:27
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There is a fixation with a certain passenger volume to break even. If the airport has 750,000 pax from eight airlines then it might be profitable depending on what those airlines are paying and the average spend of those passengers on car parking and other income streams. If the airport has 2 million pax from one airline, it might still be loss-making if the airline has a deal to pay very little and the average spend per passenger is low.
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Old 27th Apr 2024, 20:29
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Exactly, and you can be sure easyJet won’t be paying fully published fees.

Another supposed ‘strength’ of SOU is actually its biggest weakness. SOU is double the size of the BOH catchment area, but that population includes a big swathe along the M3 corridor which includes greater south west London. Residents with the equidistant geography between SOU or LHR would naturally flow to LHR. It would be a very costly exercise to try to stop that flow which is facilitated by significant transport and infrastructure capacity. Therefore the ‘true’ catchment of SOU needs to be better understood by its owners. A similar issue can be seen when analysing GLA v EDI or CWL v BRS. CWL and GLA could be seen as ‘in decline’ versus their closest counterparts.

SOU has two options: focus on low cost airlines to try and disrupt that natural flow in its catchment area, or, to downsize so it focuses on higher frequency, regional flying which potentially could be more cash lucrative for existing infrastructure without the need to invest in larger facilities. The latter is possibly not sustainable however, so the answer is obvious.
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Old 27th Apr 2024, 21:06
  #3298 (permalink)  
 
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Originally Posted by Sharklet_321
Exactly, and you can be sure easyJet won’t be paying fully published fees.

Another supposed ‘strength’ of SOU is actually its biggest weakness. SOU is double the size of the BOH catchment area, but that population includes a big swathe along the M3 corridor which includes greater south west London. Residents with the equidistant geography between SOU or LHR would naturally flow to LHR. It would be a very costly exercise to try to stop that flow which is facilitated by significant transport and infrastructure capacity. Therefore the ‘true’ catchment of SOU needs to be better understood by its owners. A similar issue can be seen when analysing GLA v EDI or CWL v BRS. CWL and GLA could be seen as ‘in decline’ versus their closest counterparts.

SOU has two options: focus on low cost airlines to try and disrupt that natural flow in its catchment area, or, to downsize so it focuses on higher frequency, regional flying which potentially could be more cash lucrative for existing infrastructure without the need to invest in larger facilities. The latter is possibly not sustainable however, so the answer is obvious.
Excellent post
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Old 27th Apr 2024, 22:32
  #3299 (permalink)  
 
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They aren't exclusive. The mistake will be to concentrate on one thing. Spread the risk and maximise income from as many sources as possible
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Old 28th Apr 2024, 07:44
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"Residents with the equidistant geography between SOU or LHR would naturally flow to LHR."

Not totally sure about that - SOU has advantages IF they make the best of them - ease of transiting the airport is one, getting to the actual terminal is another. Not everyone likes a drive up the M3 and the trains don't go right to LHR
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