|
AGS according to the Scotsman: https://www.scotsman.com/news/transp...wick-1-5064911
|
Originally Posted by tartan 201
(Post 10643648)
AGS according to the Scotsman: https://www.scotsman.com/news/transp...wick-1-5064911
|
AGS? not sure if thats good or bad. They are not doing GLA or ABZ any favours past 2 years... |
Originally Posted by CabinCrewe
(Post 10643674)
AGS? not sure if thats good or bad. They are not doing GLA or ABZ any favours past 2 years... They are buying the airport for that one sole Ryanair craft based and the circa 500k passengers IMO. Wouldn't even surprise me however if they shut the terminal and Ryanair took the aircraft completely out of the West of Scotland to EDI or elsewhere though! |
I thought it might be Persimmon.
I love PWK but I simply cannot see this as being tenable. |
Originally Posted by mwm991
(Post 10643737)
Or SOU with the flybe cuts.
They are buying the airport for that one sole Ryanair craft based and the circa 500k passengers IMO. Wouldn't even surprise me however if they shut the terminal and Ryanair took the aircraft completely out of the West of Scotland to EDI or elsewhere though! |
The Scotsman are reporting that the three parties were AGS, Vinci and another foreign consortium. Time will tell who actually is the preferred bidder is.
|
Originally Posted by Navpi
(Post 10643802)
I thought it might be Persimmon.
|
Next summer looks like its losing a ton of flights. Alicante, Tenerife, Malaga, Faro, Palma, basically anything with more than 2x weekly frequency was cut, most of them were 6x weekly and are now 4x or less. Initially they were all operating high frequencies and it just seemed like the lost routes were repositioned as additional flights on existing services, but recent changes have seen some of these services chopped by as much as half of what they were originally operating at. Seems to be UK wide as I see LBA has had significant cuts on the other thread.
|
So the government decided having EDI and GLA owned by the same people was a monopoly and bad for Scottish travellers.. but they've picked GLA owners as the preferred bidder for PIK? Surely not...
|
Originally Posted by nighthawk117
(Post 10646038)
So the government decided having EDI and GLA owned by the same people was a monopoly and bad for Scottish travellers.. but they've picked GLA owners as the preferred bidder for PIK? Surely not...
|
Do the AGS group really need PIK's debt? The numbers at Glasgow aren't exactly encouraging.
|
Originally Posted by mike current
(Post 10646406)
Do the AGS group really need PIK's debt? The numbers at Glasgow aren't exactly encouraging.
|
Originally Posted by CabinCrewe
(Post 10646425)
Ive a feeling that debt will mysteriously disappear |
Could this interest be related to Heathrow wanting to use Prestwick as a staging post during the construction of runway 3? I think they all sit under the one umbrella.
|
i never really understood this 'staging post' suggestion using PIK. What international air freight products for building tarmac are flown in or are local to Ayrshire that cant be found in Hounslow? |
I've never understood it either. Could it be that the work scope temporarily impacts on the cargo hubs at Heathrow and they need to divert some of it elsewhere? The way the papers had it they would be building packages for the Runway 3 extension at PIK and flying them down as required, which sounded a bit of a crazy way of doing things.
Edit:- This release was from last June, https://www.glasgowprestwick.com/gla...logistics-hub/ |
If AGS take control of PIK we can be more or less sure of an end to the PAX terminal piece of the operation. We can be reasonably sure that FR currently get a super deal that ensure little return for PIK. This purchase neutralises a competitor for the long run, if FR exits or transfers their flights to GLA, then standard commercial charges will apply, and if FR completely exit the void will be filled in GLA by others. Airline charges and items such as parking will go a long way to paying for the purchase price/finance. The airport most likely will take on a focus on freight and aircraft refuelling. The Scottish government may need to take a write down in their debt if they want to get this over the line. Ryanair also have a maintenance base their, likely this will be a thorny issue in the context of any revision of commercials? |
Originally Posted by SWBKCB
(Post 10646428)
State Aid rules are complicated, I'm not sure it's that easy.
The problem with this deal is that keeping Prestwick’s terminal open would make no financial sense when the passengers could be absorbed into Glasgow Airport’s terminal. |
RYR maintenance.
Large hangar at Manchester available where they could rotate more aircraft ? |
| All times are GMT. The time now is 11:22. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.