Originally Posted by heading 125
(Post 10253599)
well it's seems APD is firmly back on the Welsh Assemblies agenda and being raised by Andrew RT Davies as well as other AMs. As the airport is one of the major employers in Alun Cairnes constituency and as he is the Secretary of Estate for Wales I expect he'll support it for the airport and their employees through Westminster. I'd be surprised if any Westminster government devolved APD to Wales especially this one. |
Surely he must support it as it is the biggest employer in his constituency and as secretary of estate of Wales he would be fighting to get it for Wales. It would be very surprising if he wasn’t. That’s what he is in post as the Vale MP and Welsh Secretary to do. The Northern Ireland and Scottish Secretaries have been successful for their regions why would Wales be any different. |
Originally Posted by heading 125
(Post 10253842)
Surely he must support it as it is the biggest employer in his constituency and as secretary of estate of Wales he would be fighting to get it for Wales. It would be very surprising if he wasn’t. That’s what he is in post as the Vale MP and Welsh Secretary to do. The Northern Ireland and Scottish Secretaries have been successful for their regions why would Wales be any different. I believe his reason is because the airport is in the South and North Wales won't benefit |
CAA stats August 2018
202,405 passengers used the airport up 11.1%. The rolling year was 1,548,474 up 8% on 2017. Atms were 1794 up 4.6%. Freight was 219 tonnes. 211 tonnes set down and 8 tonnes picked up. Top 10 routes for August 2018 1. Palma de Mallorca 21,308 2. Amsterdam 12,851 3. Doha 11,568 4. Dublin 10,540 5. Malaga 10,516 6. Alicante 10,413 7. Edinburgh 9973 8. Faro 9489 9. Paris CDG 8390 10. Dalaman 7974 |
Pretty impressive figures on the DOH route considering it is month 3 of the route and after all the initial negative press it had. That load is not far off the BHX-DOH which has been operating a few years and it has to be around 75% load factor for CWL so obviously the route is proving itself rather well. |
You simply can't tell. 73% loadfactor isn't especially high for a long-haul service and there is every prospect that the yield isn't high as Cardiff has been included in every Qatar Airways low fare promotion going. You can easily fly services at 100% loadfactor and still lose money. What you can tell is that the service is not doing well from a cargo perspective. 8 tonnes uplifted from the entire airport in the month of August is dire. Given that cargo accounts for a good proportion of long-haul income, the absence of it certainly won't be helping the economics of the QR service but whether they're good, bad or indifferent to begin with would be pure guesswork.
Far far too early to be hanging out the bunting yet. |
The numbers for Doha are very good especially as many people doubted the service should even exist. As for the yield we don't know what that is like for any airport Qatar Airways fly too. What is great is that Amsterdam is doing so well and not being effected passenger numbers wise.
As for cargo 8 tonnes sounds dire but we actually don't know what is being exported. The goods may well be lightweight and high volume Also it's good to see Dublin back over 10,000 again! |
Originally Posted by Flightrider
(Post 10257497)
You simply can't tell. 73% loadfactor isn't especially high for a long-haul service and there is every prospect that the yield isn't high as Cardiff has been included in every Qatar Airways low fare promotion going. You can easily fly services at 100% loadfactor and still lose money. What you can tell is that the service is not doing well from a cargo perspective. 8 tonnes uplifted from the entire airport in the month of August is dire. Given that cargo accounts for a good proportion of long-haul income, the absence of it certainly won't be helping the economics of the QR service but whether they're good, bad or indifferent to begin with would be pure guesswork.
Far far too early to be hanging out the bunting yet. Yes yield is the main factor we all know that and it’s been talked to death several times on here but the fares are comparible to the London airports so they’re not heavily discounted. Of course CWL and I’m sure many other airports feature in the low fares promotions, it’s a new route and is going to take time to bed in. The passenger figures show there’s a market. What do they say? Loss in 1st year, break even in 2nd and profit in 3rd? |
That used to be the old CAA route licensing hearing principle and it no longer applies. Most airlines now are seeking a break even at worst in year one, profit by year two. Margins are so thin that you can’t take short term losses in any magnitude.
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Originally Posted by Flightrider
(Post 10257755)
That used to be the old CAA route licensing hearing principle and it no longer applies. Most airlines now are seeking a break even at worst in year one, profit by year two. Margins are so thin that you can’t take short term losses in any magnitude.
I do think this is a much longer term project though for QR and the Welsh Government. Things won't instantly change with the economy after a few months of a new route, but if it helps boost the Welsh economy, whether that be in additional business travel, more money to spend on holidays or increase in industry leading to more cargo, then eventually the results will be seen. I was sceptical over this route, especially seeing as QR in general don't seem to have high LF's at other airports. But I must say I'm impressed on the results in such a short time. Hopefully it's sustainable through the winter and further beyond. |
Cardiff Airport posts first profit in 8 years of £7000.
https://www.walesonline.co.uk/business/business-news/cardiff-airport-profit-first-time-15228561 |
Originally Posted by PDXCWL45
(Post 10264641)
Cardiff Airport posts first profit in 8 years of £7000.<br />
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Originally Posted by ensiferum23
(Post 10265166)
<br /> That's hardly something to boast about, they are still in the red, however next year will be even better.
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however next year will be even better A vanity project if ever I saw one. |
Originally Posted by Flightrider
(Post 10265215)
I suspect that all depends on from whose budget the support for the Qatar Airways Doha service is coming. If it's from Cardiff Airport's coffers then I doubt the airport will show a profit.
A vanity project if ever I saw one. It seems many people sadly seem quite bitter that Qatar choose Wales and Cardiff and are helping to boost inbound tourism into Wales and help the profile of the country and give it's people an opportunity to fly from Wales and not another country. |
I think that's exactly the point. Qatar would not have chosen BRS, BFS or EXT as none of the local funding authorities in those locations would have offered the magnitude of support required to secure the service. Had they done so, I would indeed have classed it as a vanity project. The fact remains that only CWL and the Welsh Government did. An increasing proportion of services at Cardiff only exist because of the terms offered which a commercial enterprise could not, in my view, afford to do. How this continues to escape state aid considerations is beyond belief.
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Originally Posted by Flightrider
(Post 10265276)
I think that's exactly the point. Qatar would not have chosen BRS, BFS or EXT as none of the local funding authorities in those locations would have offered the magnitude of support required to secure the service. Had they done so, I would indeed have classed it as a vanity project. The fact remains that only CWL and the Welsh Government did. An increasing proportion of services at Cardiff only exist because of the terms offered which a commercial enterprise could not, in my view, afford to do. How this continues to escape state aid considerations is beyond belief.
All airports generally offer incentives to airlines to operate from them through various means so how is Cardiff any different from anywhere else the world over? |
Because it's the government doing it - and offering advantages that aren't available to comptetitors.
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Originally Posted by Flightrider
(Post 10265276)
I think that's exactly the point. Qatar would not have chosen BRS, BFS or EXT as none of the local funding authorities in those locations would have offered the magnitude of support required to secure the service. Had they done so, I would indeed have classed it as a vanity project. The fact remains that only CWL and the Welsh Government did. An increasing proportion of services at Cardiff only exist because of the terms offered which a commercial enterprise could not, in my view, afford to do. How this continues to escape state aid considerations is beyond belief.
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Originally Posted by SWBKCB
(Post 10265486)
Because it's the government doing it - and offering advantages that aren't available to comptetitors.
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