https://www.echo-news.co.uk/news/232...-adds-flights/
Southend Airport has increased its airspace size with the hope to attract potential airlines amid new flights |
Southend Airport up for sale. Esken selling off parts of the business.
https://www.bloomberg.com/news/artic...begins-breakup |
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Hardly a sustainable business model if you rely on over capacity at other airports in order to attract increased revenues, always open to market volatility!
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Does the sale also include other aspects of their aviation business such as their ground handling business?
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Let's hope it stays as an airport or it will likely be a second Vulcan destined for the breakers yard.
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In the early 1990s, London City airport had a few tough years before finally coming good. I seem to recall during this period there was some speculation as to whether LCY should be closed
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Unfortunately, I fear there are more similarities between Southend and Manston in terms of commercial operations then there are Southend and City.
I just don't see what the USP of SEN would be unless the other airports are full. |
One thing to bear in mind is that any future owner of SEN will likely not be constrained by Esken's current policy that any airline/route deals made must be on normal commercial terms. In other words each deal must produce a sound commercial return to Esken from its commencement.
This was a necessity to obtain sufficient outside funding to keep SEN running and replaced what appeared to be the previous negotiating policy of offering very attractive commercial terms which included substantial marketing assistance and other incentives. The ability to reinstate something similar under new owners may result in more successful negotiations with potential airlines in the future. All this is speculative on my part but is based on previous Esken Stock Exchange notifications and statements in Stobart Annual Results over the past few years. These inform the background to my suggestion of that possibility. |
Originally Posted by Flightmech
(Post 11394791)
Let's hope it stays as an airport or it will likely be a second Vulcan destined for the breakers yard.
https://saeninfo.files.wordpress.com...t-att19220.pdf |
Originally Posted by Expressflight
(Post 11395133)
One thing to bear in mind is that any future owner of SEN will likely not be constrained by Esken's current policy that any airline/route deals made must be on normal commercial terms. In other words each deal must produce a sound commercial return to Esken from its commencement.
Also, no mention of Carlisle in the recent announcements - do they have plans, or have they just forgotten?! Based on past performance, I know where my money is! :ok: |
Originally Posted by The96er
(Post 11394197)
Does the sale also include other aspects of their aviation business such as their ground handling business?
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Why does the Ryanair app have Brest and Bilbao as booking options with no dates?
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Just a glitch I should imagine.
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Almost 100% certain that this US registered Dash 8 on a ferry didn't have radio equipment with the required 8.33Khz spacing for European Ops. Will only be usuable on some frequencies if not. Massive oversight by the ferry company.
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Originally Posted by Skipness One Foxtrot
(Post 11396162)
Why does the Ryanair app have Brest and Bilbao as booking options with no dates?
I believe that as of spring 2020, FR intended to fly these 2 routes for summer 2020, but I think Southend-Brest was canned before lockdown was suspended for peak summer 2020 |
https://www.echo-news.co.uk/news/233...et-dependance/
SOUTHEND Airport’s “total dependence” on easyJet and slow pandemic recovery could spook potential buyers, an aviation expert has claimed. |
Originally Posted by LTNman
(Post 11398062)
https://www.echo-news.co.uk/news/233...et-dependance/
Maybe the new owners need to take a leaf out of Blackpool’s book? Admit defeat, abandon any thoughts that there is money to be made from terminal operations, reduce staff numbers due to no terminal and focus on the rest of the assets. I don't think it's far fetched to think that SEN may have grown its pax numbers over the past three years beyond the 2mppa had it not been for Covid. |
However it’s a big risk for potential owners knowing that the airports business model is underpinned heavily on over capacity elsewhere and the possibility that this can change at a moments notice
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