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-   -   Southend-3 (https://www.pprune.org/airlines-airports-routes/637108-southend-3-a.html)

pabely 21st Nov 2023 11:46


Originally Posted by rog747 (Post 11543374)
SEN also now gets the ALC too,
along with PMI FAO AGP GNB GVA CDG and AMS (All on EasyJet Europe flights)

SEN is really picking up, with BH Air doing a high season summer holidays charter to Bourgas too.

What do you mean also, announced and bookable in August.
Fan boys were expecting 5/6 week to ALC by now but looking at prices on the x2 week, that ain't going to happen.

LTNman 1st Dec 2023 18:05

https://www.thebusinessdesk.com/nort...uthend-airport



The group posted revenues of £9.142m, compared with £14.613m the previous period. A pre-tax loss of £60.823m was an increase on the prior year’s £15.020m loss.

Esken said the revenue decline was due to the Aviation division, with the cargo operations from a global logistics partner ending in mid-September 2022, and only three months of revenue in the period for Star Handling Limited, following the sale of the business. ​​​​​​​


SKOJB 1st Dec 2023 18:20


Originally Posted by LTNman (Post 11549581)

Ouch, the reality is SEN will only be viable if there is long term over capacity within London airspace. Pandemics and financial crashes will always have an adverse effect on the airport and will subsequently see large peaks and troughs, something I am sure potential investors will be very mindful and wary of.

davidjohnson6 1st Dec 2023 18:34


Originally Posted by LTNman (Post 11549581)

Lots of corporate speak. Anybody able to put this into straightforward English ? Initial reading is "Esken and Southend are in an awful mess and nobody knows if SEN will remain open long term"

LTNman 1st Dec 2023 18:37

The problem is that the other London Airports are increasingly capacity. I would be more than happy to gift Southend a few million passengers from Luton to get it back on its feet.

SWBKCB 1st Dec 2023 18:44


Originally Posted by davidjohnson6 (Post 11549600)
Lots of corporate speak. Anybody able to put this into straightforward English ? Initial reading is "Esken and Southend are in an awful mess and nobody knows if SEN will remain open long term"

They've sold their renewables business which they hope allows them to pay of debt and gives them more time to find a buyer for Southend. The company will then be wound up and anything left will go to shareholders. Is that about it?

Also reckons Carlisle will be sold by the end of the financial year, which sounds optimistic.

LTNman 1st Dec 2023 18:49

I suspect EasyJet’s limited operations, particularly this winter, is making the debts worse.

LTNman 1st Dec 2023 19:17

https://www.echo-news.co.uk/news/239...-flights-base/



Calls are growing for the budget airline to add more routes to its popular list of destinations, after it was revealed that easyJet will lose 90 flights a week from Gatwick Airport as they are given to British Airways next summer.

A travel agent and senior councillor have now insisted this is the prime time for easyJet to expand its offering at Southend and add new routes and potentially re-open its base.
​​​​​​​

AirportPlanner1 1st Dec 2023 22:25


Originally Posted by LTNman (Post 11549620)

Well, there were three aircraft on the ground at once on Sunday achieved by an extra being flown in from LGW for the day. Photo shoot for a new base press release?

pabely 2nd Dec 2023 00:41


Originally Posted by AirportPlanner1 (Post 11549735)
Well, there were three aircraft on the ground at once on Sunday achieved by an extra being flown in from LGW for the day. Photo shoot for a new base press release?

The one which positioned in from Gatwick did an Alicante & back because the normal EJU from AMS went sick.

Expressflight 2nd Dec 2023 07:01


Originally Posted by SWBKCB (Post 11549604)
They've sold their renewables business which they hope allows them to pay of debt and gives them more time to find a buyer for Southend. The company will then be wound up and anything left will go to shareholders. Is that about it?

Also reckons Carlisle will be sold by the end of the financial year, which sounds optimistic.

Yes, that's broadly correct.

It was essential that the Renewables sale was completed and that was achieved yesterday. The balance sheet suggests that SEN can thus continue normal operations until the start of 2025 when the money will run out. As you say any surplus from the sale proceeds will go to the shareholders but the current share price suggests there isn't much confidence of that being a substantial sum.

Now the question is will a buyer be found within the next 12 months? There have been suggestions that Carlyle may wait until Esken is unable to repay their loan and they would then take SEN by default but I believe that is pure speculation.

Expressflight 2nd Dec 2023 07:43


Originally Posted by pabely (Post 11549775)
The one which positioned in from Gatwick did an Alicante & back because the normal EJU from AMS went sick.

Perhaps more likely crewing or something as the LGW aircraft positioned to SEN before the AMS aircraft had even departed for SEN.

Andy_S 2nd Dec 2023 10:20


Calls are growing for the budget airline to add more routes to its popular list of destinations, after it was revealed that easyJet will lose 90 flights a week from Gatwick Airport as they are given to British Airways next summer.
What does that actually mean? Flights aren't just taken away from one airline and given to another.

Does it mean that Easyjet are surrendering slots at Gatwick? Thats not quite the same thing.......

vectisman 2nd Dec 2023 10:33


Originally Posted by Andy_S (Post 11549975)
What does that actually mean? Flights aren't just taken away from one airline and given to another.

Does it mean that Easyjet are surrendering slots at Gatwick? Thats not quite the same thing.......

In summer 2021 BA leased 230 weekly slots to Easyjet at Gatwick. These slots are now being returned over the next couple of years as BA and
BA Euroflyer increase Gatwick operations. 90 weekly slots are being returned for Summer 2024 to BA/BA Euroflyer.
In addition, Easyjet struggled in Summer 2023 to operate 80 to 85 aircraft from Gatwick. You may remember they had to cancel many flights during the summer period.
In summer 2024 based aircraft at Gatwick will be up to 10 less than this year. Several A319s have already left Gatwick for the scrap yard and 3 A320s are off to Birmingham for the new base being
opened at that airport.

Andy_S 2nd Dec 2023 10:49


Originally Posted by vectisman (Post 11549981)
In summer 2021 BA leased 230 weekly slots to Easyjet at Gatwick. These slots are now being returned over the next couple of years as BA and
BA Euroflyer increase Gatwick operations. 90 weekly slots are being returned for Summer 2024 to BA/BA Euroflyer.
In addition, Easyjet struggled in Summer 2023 to operate 80 to 85 aircraft from Gatwick. You may remember they had to cancel many flights during the summer period.
In summer 2024 based aircraft at Gatwick will be up to 10 less than this year. Several A319s have already left Gatwick for the scrap yard and 3 A320s are off to Birmingham for the new base being
opened at that airport.

Thanks. That makes a lot more sense. So Easy are losing 90 slots, not 90 flights. And it sounds like they don't have the capacity to fully utilise those slots in any case. So it's not as simple as Easy needing somewhere to relocate routes and metal displaced from LGW.

vectisman 2nd Dec 2023 11:16

Its more a case of operational capacity. 90 slots a week is equal to 45 departures and 45 arrivals per week so about 6 to 7 round trips per day.
The remaining 140 slots that will need to be returned, probably over the next year or so, will equal 70 departures and 70 arrivals per week so about another 10 round trips per day.
I believe easyjet will use more 321s at Gatwick to offset some of the capacity loss.
Apologies to this thread for going off topic.

LTNman 2nd Dec 2023 16:33

https://www.echo-news.co.uk/news/239...es-new-routes/



SOUTHEND Airport has revealed it is “on track” to beat its 2019 passenger performance and is “in talks with existing and new airlines” for new routes

southender 3rd Dec 2023 09:13

We’ve been ‘in talks with existing and new airlines’ for years now. It’s about time some of these produced results.

TartinTon 3rd Dec 2023 13:03

All airports are always in talks with airlines. Such a politician's comment. It would only be news if an airport said that they weren't in talks with airlines!

Expressflight 3rd Dec 2023 14:20


Originally Posted by TartinTon (Post 11550529)
All airports are always in talks with airlines. Such a poltician's comment. It would only be news if an airport said that they weren't in talks with airlines!

But you can bet any potential buyer will want to see full details of such talks.


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