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Search: Posts Made By: asdf1234
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Forum: Airlines, Airports & Routes
21st Mar 2024, 18:35
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
7th Mar 2024, 19:32
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
5th Dec 2023, 22:56
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
5th Dec 2023, 04:48
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
4th Nov 2023, 07:08
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
1st Oct 2023, 07:16
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
29th Sep 2023, 19:42
Replies: 1,419
Views: 448,510
Posted By asdf1234

£193.75m

£193.75m
Forum: Airlines, Airports & Routes
29th Sep 2023, 18:23
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
21st Dec 2021, 19:08
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
20th Dec 2021, 09:14
Replies: 1,419
Views: 448,510
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.
Forum: Airlines, Airports & Routes
18th Dec 2021, 07:44
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
18th Dec 2021, 03:17
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
24th Nov 2021, 16:37
Replies: 1,419
Views: 448,510
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?
Forum: Airlines, Airports & Routes
8th Nov 2021, 08:15
Replies: 1,419
Views: 448,510
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)?
Forum: Airlines, Airports & Routes
3rd Nov 2021, 10:51
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
14th Jun 2021, 20:22
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
14th Jun 2021, 17:33
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
9th Feb 2021, 16:51
Replies: 1,419
Views: 448,510
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...
Forum: Airlines, Airports & Routes
9th Jan 2021, 12:24
Replies: 1,419
Views: 448,510
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?
Forum: Airlines, Airports & Routes
6th Jan 2021, 19:59
Replies: 1,419
Views: 448,510
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!
Showing results 1 to 20 of 20


 
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