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Search: Posts Made By: asdf1234
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21st Mar 2024, 18:35
Replies: 1,426
Views: 452,892
Posted By asdf1234

Starting an airline based at the airport you own...

Starting an airline based at the airport you own most probably didn't help...
7th Mar 2024, 19:32
Replies: 1,426
Views: 452,892
Posted By asdf1234

Pax numbers are vanity, profit is sanity...

I think certain posters on here need to be reminded that pre-pandemic SEN was losing money despite good pax numbers. LCCs were using SEN because it was cheap to use. That benefitted the LCCs and not...
5th Dec 2023, 22:56
Replies: 1,426
Views: 452,892
Posted By asdf1234

You are correct Expressflight. The exchangeable...

You are correct Expressflight. The exchangeable bond was issued seperate to the CGI debt and I am mistaken in conflating the two. The CGI debt is worth circa £175m on redemption which I'm guessing...
5th Dec 2023, 04:48
Replies: 1,426
Views: 452,892
Posted By asdf1234

The recently released interim results state that...

The recently released interim results state that cash runs out in November 2024, unless the current Carlyle debt instrument can be renegotiated to both extend its maturity from May 2024 to December...
4th Nov 2023, 07:08
Replies: 1,426
Views: 452,892
Posted By asdf1234

From the official statement: Net proceeds of...

From the official statement:

Net proceeds of the Disposal are expected to total £78.5 million (which includes the Intercompany Loan Reimbursement and is net of transaction costs), which will be...
1st Oct 2023, 07:16
Replies: 1,426
Views: 452,892
Posted By asdf1234

In the event that the Lender does not exercise...

In the event that the Lender does not exercise its rights of Conversion prior to the maturity date of the Loan, and in certain other circumstances (including following the occurrence of an event of...
29th Sep 2023, 19:42
Replies: 1,426
Views: 452,892
Posted By asdf1234

£193.75m

£193.75m
29th Sep 2023, 18:23
Replies: 1,426
Views: 452,892
Posted By asdf1234

A breach by the borrower will lead to a minimum...

A breach by the borrower will lead to a minimum of £193,750,00 (less any interest that has already been paid on the loan) becoming immediately payable to the lender.
Although the lender has defined...
26th Nov 2022, 17:05
Replies: 74
Views: 19,717
Posted By asdf1234

The beer deserves a special mention. The standing...

The beer deserves a special mention. The standing benelux joke is that Belgium cuisine is chips and mayo. However I wasn't poking fun at Belgium food per se, but using a Belgium food trope to...
26th Nov 2022, 16:20
Replies: 74
Views: 19,717
Posted By asdf1234

I know you're joking when you post that Belgium...

I know you're joking when you post that Belgium has good food! Haha. Very funny....
23rd Aug 2022, 15:43
Replies: 146
Views: 44,921
Posted By asdf1234

It makes perfect sense to service London,...

It makes perfect sense to service London, especially overnight perishables, which can take longer to get into London from Heathrow than from an operational Manston. The London market is huge and...
21st Dec 2021, 19:08
Replies: 1,426
Views: 452,892
Posted By asdf1234

Biggin doesn't have commercial passenger ops by...

Biggin doesn't have commercial passenger ops by loco operators that demand to be prioritised over all other airport operators.

I've often argued that a successful SEN should concentrate on a mix...
20th Dec 2021, 09:14
Replies: 1,426
Views: 452,892
Posted By asdf1234

When every airport wants an EZY route there will...

When every airport wants an EZY route there will have been an incentive to pay.
18th Dec 2021, 07:44
Replies: 1,426
Views: 452,892
Posted By asdf1234

I want the airport to do well however, sadly, it...

I want the airport to do well however, sadly, it won't do well with EZY being there.

The same arguments apply as did last time. No profit from EZY who actually have a stronger negotiating hand...
18th Dec 2021, 03:17
Replies: 1,426
Views: 452,892
Posted By asdf1234

To make a mistake is human, to make the same mistake again is stupidity...

Is everyone forgetting that EZY gave the airport the vanity of increased passenger numbers with the reality of financial losses? It's time for profit making which didn't happen last time EZY opened a...
3rd Dec 2021, 21:23
Replies: 6
Views: 2,681
Posted By asdf1234

And therein lies the problem....

And therein lies the problem....
24th Nov 2021, 16:37
Replies: 1,426
Views: 452,892
Posted By asdf1234

Interesting that Amazon still don't want to be...

Interesting that Amazon still don't want to be associated with the flights. I wonder why?
8th Nov 2021, 08:15
Replies: 1,426
Views: 452,892
Posted By asdf1234

Anybody for FlyBe 2 as the next airline to...

Anybody for FlyBe 2 as the next airline to operate into SEN (not based)?
3rd Nov 2021, 10:51
Replies: 1,426
Views: 452,892
Posted By asdf1234

The half year results contain this gem; ...

The half year results contain this gem;

"Esken, Carlyle and LSA are particularly aligned on the type of airline agreement that it is targeting. Commercial passenger flying has to be profitable for...
14th Jun 2021, 20:22
Replies: 1,426
Views: 452,892
Posted By asdf1234

Yes. Trouble is that the money men are getting...

Yes. Trouble is that the money men are getting their hands on increasingly bigger slices of a huge, flat, flood free piece of land with direct access to the A127 at one end, and direct access to...
14th Jun 2021, 17:33
Replies: 1,426
Views: 452,892
Posted By asdf1234

The failure to sell Stobart Air has left Esken...

The failure to sell Stobart Air has left Esken with a cash hole £86m deep that needs to be filled. In addition to this, the existing lenders are not prepared to advance more of the previously agreed...
9th Feb 2021, 16:51
Replies: 1,426
Views: 452,892
Posted By asdf1234

I won't jump on the bandwagon here. Warwick Brady...

I won't jump on the bandwagon here. Warwick Brady was asked to head up an airport project that required a belief in restrained airport capacity, especially in the London market. To support the...
9th Jan 2021, 12:24
Replies: 1,426
Views: 452,892
Posted By asdf1234

Pallet park

Word has it that the car parks at SEN are being used to store colossal amounts of pallets. Anyone verify this?
6th Jan 2021, 19:59
Replies: 1,426
Views: 452,892
Posted By asdf1234

The airport will be courting all those potential...

The airport will be courting all those potential customers they previously ostracised so that EZY and FR could monopolise the runway. Good luck!
17th Nov 2020, 19:09
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

I recommend a careful read of the interim...

I recommend a careful read of the interim results. The best bit is the admission that as the owners are no longer having to pay incentives to airlines to use the airport, the losses were reduced...
17th Nov 2020, 19:04
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

The same again this morning. 23 departure with a...

The same again this morning. 23 departure with a right turn and downwind leg overflying just about every populated area in the vicinity.
No reason why they couldn't fly south east after a 23...
15th Nov 2020, 20:09
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

Earlier in the week a flight tracker showed the...

Earlier in the week a flight tracker showed the Leipzig flight departing SEN at 3:30am on the SW runway, overflying Leigh and then turning right to head downwind over Rayleigh and Hockley, Ashington...
24th Oct 2020, 10:43
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

There is an annual cap on ATMs of just over 53k....

There is an annual cap on ATMs of just over 53k. The airport cannot exceed that amount. Cargo cannot exceed 10% of the annual cap.
20th Oct 2020, 18:28
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

I think Andy Green might be playing Robert...

I think Andy Green might be playing Robert Walters at Biggin to get a better deal at Southend. Biggin looks unsuitable for Jota ops and Robert might not be alert to this.....
6th Oct 2020, 20:00
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

Someone will need to check a flight tracking site...

Someone will need to check a flight tracking site but over the summer months I have a recollection that the Titan freighter repositioned regularly to/from STN. Maybe it was for base maintenance?
5th Oct 2020, 09:49
Replies: 4,660
Views: 1,930,456
Posted By asdf1234

Compare and contrast the identified catchment...

Compare and contrast the identified catchment area in the planning document to the assertion made by Warwick Brady at Friday's Investor Presentation that, "Southend Airport is a London Airport with a...
8th Sep 2020, 17:08
Replies: 51
Views: 29,926
Posted By asdf1234

I remember my first solo many moons ago. I kept...

I remember my first solo many moons ago. I kept on muttering "Oh f##k" as I climbed out and "Oh s##t" as I turned downwind. Once downwind my nerves settled. I wouldn't want a camera in there with me...
12th Aug 2020, 07:22
Replies: 55
Views: 24,671
Posted By asdf1234

EASA action

The AAIB report reminds us that "CS-25.80312 requires that all passengers and crew can be evacuated within 90 seconds." and that the EASA "...stated that emergency evacuations had also been captured...
11th Aug 2020, 17:53
Replies: 55
Views: 24,671
Posted By asdf1234

HEROD - I don't rant here, ever. My comments were...

HEROD - I don't rant here, ever. My comments were not directed at you, witness my comments about checking in to a US hotel which you had not referred to in your post. I reply to the last comment as I...
11th Aug 2020, 15:54
Replies: 55
Views: 24,671
Posted By asdf1234

Whilst there is always a price to pay for...

Whilst there is always a price to pay for convenience, would you be happy to state to a fatal aircraft investigation board that your convenience was more important than the lives lost of the people...
Showing results 1 to 35 of 545
 


 
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