I assume these are the Leige/Paris flights normally done with a ASL 734. The Post Office West Atlantic & Titan stuff from up North is normally in and out of STN by 01:00.
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Stock market update
ESKEN have informed the Stock Market this morning that a Sale of the Airport is not off the table and that either Aviation or renewables may be sold.
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Of course it will be sold. I have been saying that for years. As ESKEN doesn’t own the land, they and any new company can’t do a Doncaster Sheffield, as they will be buying just a lease that is worth what?
I can see the the airport becoming another Blackpool to stem losses, Maybe Southend Council taking control again like Blackpool Council did? Blackpool Council reacquired Blackpool Airport in September 2017 from Balfour Beatty via its ownership of Blackpool Airport Operations Ltd and Blackpool Airport Property Ltd, to secure its long- term future as part of the Blackpool Airport Enterprise Zone. |
There is an EGM on 29th November to seek approval to borrow money beyond the current limits set by the company.
Not a corporate man myself but think I may have concerns if I was an investor. |
If Elon Musk bought the airport from ESKEN he would no doubt cut out the loss making parts of the airport leaving a runway, maintenance hangars and a few flying clubs. By doing that he could get rid of most of the fire cover and most of the staff. The terminal could be sold off to the likes of B&Q.
The sale price would not reflect how much ESKEN has spent, as they will be keen to just draw a line on ever increasing loses. The truth is I doubt they would not be brave enough to make big decisions. |
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https://shareprices.com/news/in-brie...gpbrg58madqc5/
Penny share territory. https://i.imgur.com/sAanKZ6.jpg |
Originally Posted by LTNman
(Post 11328353)
https://shareprices.com/news/in-brie...gpbrg58madqc5/
Penny share territory. https://i.imgur.com/sAanKZ6.jpg |
easyJet
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Despite the headline, there is no such reassurance in this statement that the airport is key to their future plans!
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Easyjet might be resuming flights at the end of March but there is only a single flight each week until May. Even May doesn’t start too well.
So how much will a single flight each week cost SEN in having to staff and reopen the terminal for around 3 hours each week? |
Originally Posted by LTNman
(Post 11328950)
So how much will a single flight each week cost SEN in having to staff and reopen the terminal for around 3 hours each week?
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Originally Posted by LTNman
(Post 11328950)
Easyjet might be resuming flights at the end of March but there is only a single flight each week until May. Even May doesn’t start too well.
So how much will a single flight each week cost SEN in having to staff and reopen the terminal for around 3 hours each week? https://www.echo-news.co.uk/news/231...s-new-taproom/ May even bump into the management drowning their sorrows. |
Bring back The Flarepath.
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Easyjet might be resuming flights at the end of March but there is only a single flight each week until May. Even May doesn’t start too well. So how much will a single flight each week cost SEN in having to staff and reopen the terminal for around 3 hours each week? I am actually surprised to see Easy back. Can we say well done to the management. |
Looking at the September passenger figures SEN figures have dropped 35% compared with last September when the airport was still suffering from the effects of Covid. Remarkable really compared to the rest of the U.K where every airport showed growth.
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Originally Posted by LTNman
(Post 11329148)
Looking at the September passenger figures SEN figures have dropped 35% compared with last September when the airport was still suffering from the effects of Covid. Remarkable really compared to the rest of the U.K where every airport showed growth.
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Originally Posted by 22/04
(Post 11329114)
This column is a bit negative at the moment. I think it is an uphill battle for SEN and they need to grab what they can - if they don't, they will be dead anyway so nothing to lose.
I am actually surprised to see Easy back. Can we say well done to the management. Given how things are now, I wonder if he would revisit that statement and reflect accordingly. |
[QUOTE]This column is a bit negative at the moment[/QUOTE]
In fairness, no airport can justify the prospect of re-opening to one passenger flight a week. I hope the airport can survive with a sustainable passenger operation, but it's becoming increasingly difficult to see that happening. |
In July and August Easyjet reduces its Faro flights from 4 times a week to twice a week. I don’t know if that was the same as this year.
No flights anywhere next year on Tuesday and Saturdays. Still plenty of time for an airline to turn things around for next year with based aircraft. Does feel though that it is the beginning of the end for terminal operations. No doubt the terminal could be mothballed indefinitely if required. |
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