Teesside International Airport - General Thread

[A400]

Houchen stated in his business case (revamped post covid) a low cost operator would have been in place by 2023…I’d take anything he says with a large pinch of salt.!

But he has accomplished that point as Ryanair operate out of the Airport

I can’t comment on his other points regarding the airport but that one is correct is it not?

 

[Snackbar]

But he has accomplished that point as Ryanair operate out of the Airport

I can’t comment on his other points regarding the airport but that one is correct is it not?

No he stated a low cost carrier base would be in place ie they had aircraft & crew on the ground based at the airport…...

 

[A400]

Ah right but they do have a low cost carrier operating from there just not based

 

[LBAYORKIE]

BBC News - Dispute over rights to Teesside Airport name reignited - BBC News

Dispute over rights to Teesside Airport name reignited

A businessman says he wants a fee and an apology for the intellectual property rights to the name.

www.bbc.co.uk

 

[Snackbar]

Ah right but they do have a low cost carrier operating from there just not based

Yes they do but this will nowhere near cut the mustard in terms of revenue returns outlined in the business case….

 

[Stagman]

A nice piece about what Draken do. Some really nice air to air footage.

 

[Stagman]

Six RAF/ Qatar Air Force Hawk MkII's from RAF Leeming have moved to Teesside for the next week whilst runway upgrades are completed.

 

[pug]

Six RAF/ Qatar Air Force Hawk MkII's from RAF Leeming have moved to Teesside for the next week whilst runway upgrades are completed.

Runway upgrades at a now non-frontline airfield? The death knell for any air force base some would say…

 

[Stagman]

Planning Application for Hydrogen Refuelling Station submitted.

Hydrogen refuelling station at Teesside Airport takes step forward

Proposals for a hydrogen refuelling station at Teesside Airport have been submitted to Darlington Borough Council

www.gazettelive.co.uk

 

[Stagman]

Planning application submitted for 5G Digital Test Bed facility for Customs processes.
TVCA / Teesside University study with results being fed back into the UK Border Strategy.
This will be built on triangle piece of land behind the Airbourne Colours hangars.

Plans lodged for state-of-the-art digital zone at Teesside Airport - Tees Business

A cutting-edge digital zone to break down trade barriers has taken another step closer to reality – with designs now lodged for planning permission. The new 5G-enabled “Digital Test Bed” will see a private network cover a large stretch of Teesside Airport’s north side to help carry out a wide...

teesbusiness.co.uk

 

[Stagman]

Teesside International Airport has reported its first profit in more than a decade after growth in passenger numbers and successful Business Park developments helped it move back into the black.

Accounts for the year to March 2024 confirmed an EBITDA* of £308,555 on annual revenues of £14.5million.

Airport Records Its First Profit For More Than A Decade - Teesside International Airport

Teesside International Airport has reported its first profit in more than a decade after growth in passenger numbers and successful Business Park developments helped it move back into the black. Accounts for the year to March 2024 confirmed an EBITDA* of £308,555 on annual revenues of...

www.teessideinternational.com

 

[pug]

Behind a paywall so I can’t read it but for anyone who may have access;

Teesside Airport looks to add airline Jet2 after making first profit in over a decade

Teesside International Airport is hoping to launch flights from the airline Jet2 as it announced a profit for the first time in more than a decade.

www.yorkshirepost.co.uk

Any idea what the context is? Is it BH running his mouth off?

 

[Snackbar]

Behind a paywall so I can’t read it but for anyone who may have access;

Teesside Airport looks to add airline Jet2 after making first profit in over a decade

Teesside International Airport is hoping to launch flights from the airline Jet2 as it announced a profit for the first time in more than a decade.

www.yorkshirepost.co.uk

Any idea what the context is? Is it BH running his mouth off?

It’s Houchens team just bulling stuff up as usual….this is a more balanced article and paints a very different picture. Reading between the lines passenger numbers and airlines remain well below projections (he did promise a low cost carrier base would be operational by now) and they have and will have continued difficulties attracting them. Emphasis seems to be switching away from passenger routes to cargo and ancillary aviation activities….Hence the need for a new strategic review…https://travelweekly.co.uk/news/air...for-teesside-airport-despite-return-to-profit

It’s Houchens team just bulling stuff up as usual….this is a more balanced article and paints a very different picture. Reading between the lines passenger numbers and airlines remain well below projections (he did promise a low cost carrier base would be operational by now) and they have and will have continued difficulties attracting them. Emphasis seems to be switching away from passenger routes to cargo and ancillary aviation activities….Hence the need for a new strategic review…https://travelweekly.co.uk/news/air...for-teesside-airport-despite-return-to-profit

This is what they said about jet2…..so in essence they are taking to them as no doubt every other airport in the UK not currently served by jet2 are…..
“
He said: “We’re speaking to all the usual suspects as you’d expect because the airport is reborn and we want to take it on the next phase of its trajectory.”
Mr Forster confirmed that the airport was seeking to bring budget airline Jet2 to Teesside, as well as expand the number of routes with current operators Ryanair and TUI”.

 

[pug]

It’s Houchens team just bulling stuff up as usual….this is a more balanced article and paints a very different picture. Reading between the lines passenger numbers and airlines remain well below projections (he did promise a low cost carrier base would be operational by now) and they have and will have continued difficulties attracting them. Emphasis seems to be switching away from passenger routes to cargo and ancillary aviation activities….Hence the need for a new strategic review…https://travelweekly.co.uk/news/air...for-teesside-airport-despite-return-to-profit


This is what they said about jet2…..so in essence they are taking to them as no doubt every other airport in the UK not currently served by jet2 are…..
“
He said: “We’re speaking to all the usual suspects as you’d expect because the airport is reborn and we want to take it on the next phase of its trajectory.”
Mr Forster confirmed that the airport was seeking to bring budget airline Jet2 to Teesside, as well as expand the number of routes with current operators Ryanair and TUI”.

I don’t think it’s appropriate to publicly announce that you’re in talks with or attempting to attract an airline and name them. Wonder whether Jet2 have picked up on it.

Either way, this ‘return to profitability’ actually looks more like a reduction in losses. The strategic review will be interesting indeed, and will no doubt mention Covid along side delays in aircraft deliveries. Meanwhile airlines are expanding elsewhere (where they actually want to expand!) so it’s just papering over the cracks again. There’s a reason HUY aren’t apparently targeting airline growth, and arguably for the time being at least, HUY has a bigger untapped market.

 

[Stagman]

Whenever Houchen & Foster have spoken this year they have always said in generally that we are talking to all manner of airlines such as your Ryanair, easyJet, Jet2 etc but also with other airlines from overseas. We are talking to them and would like to see them all at the airport.

Also what they have said previously is we are getting requests all the time from passengers/ public asking when are we getting Jet2 etc in. So we have talks with airlines saying that large numbers of people are wanting for your airline here, so it shows there is a demand wanting to use your airline.


ITV Tyne Tees done a really good story. Certainly worth a watch.

https://www.itv.com/news/tyne-tees/2024-08-13/teesside-international-airport-makes-its-first-profits-in-10-years

 

[Snackbar]

I don’t think it’s appropriate to publicly announce that you’re in talks with or attempting to attract an airline and name them. Wonder whether Jet2 have picked up on it.

Either way, this ‘return to profitability’ actually looks more like a reduction in losses. The strategic review will be interesting indeed, and will no doubt mention Covid along side delays in aircraft deliveries. Meanwhile airlines are expanding elsewhere (where they actually want to expand!) so it’s just papering over the cracks again. There’s a reason HUY aren’t apparently targeting airline growth, and arguably for the time being at least, HUY has a bigger untapped market.

The “return to profitability” is highly questionable…..Turnover for 2022/23 was £15.5m and for 2023/24 it was £14.5m - down £1m! The airport also declared an operating loss of £3m for 2023/24. It will be interesting to see the full audited accounts which have yet to be released.

On the subject of jet2 - it f you look at every airports whether they be currently open or closed there is a bevy of people asking the same question as to when they will be operating from there! The Teesside region for jet2 is already well served by two jet2 basis - it would make little of no financial sense to dilute that market….

 

[pug]

Whenever Houchen & Foster have spoken this year they have always said in generally that we are talking to all manner of airlines such as your Ryanair, easyJet, Jet2 etc but also with other airlines from overseas. We are talking to them and would like to see them all at the airport.

Also what they have said previously is we are getting requests all the time from passengers/ public asking when are we getting Jet2 etc in. So we have talks with airlines saying that large numbers of people are wanting for your airline here, so it shows there is a demand wanting to use your airline.


ITV Tyne Tees done a really good story. Certainly worth a watch.

https://www.itv.com/news/tyne-tees/2024-08-13/teesside-international-airport-makes-its-first-profits-in-10-years

For airlines like Jet2 they are now in a position where they could open a base at pretty much any airport and fill their flights. It’s about justifying the expense of doing so that is the problem and I do not believe opening a base or having any commercial operations from Teesside is likely to show sufficient returns for them IMO. They need to manage expectations and hopefully this mid point strategic review will do that.

 

[Aviador]

It is in every airlines interest to have as many airport available as possible, but it doesn't mean they'll use them.

 

[Snackbar]

For airlines like Jet2 they are now in a position where they could open a base at pretty much any airport and fill their flights. It’s about justifying the expense of doing so that is the problem and I do not believe opening a base or having any commercial operations from Teesside is likely to show sufficient returns for them IMO. They need to manage expectations and hopefully this mid point strategic review will do that.

Maybe - I do hear on the grapevine that Liverpool isn’t performing as expected for them….

 

[pug]

Maybe - I do hear on the grapevine that Liverpool isn’t performing as expected for them….

I think there are drops in load factors across the board, Ryanair are down on expected load factors. Wizzair appear to be having trouble hence the latest all you can fly gimmick. None of this is positive for an airport like MME with growth ambitions, because if the big players aren’t delivering the passengers then the small ones aren’t going to do any better.

Like I say, Jet2 are now in the position where they could fill flights from pretty much any airport. The problem is that when you spread yourself too thinly you are opening yourself up to problems down the line. Potential for growth is finite. It is better value for money and more sustainable to have more aircraft in less bases, this will be why the CEO of jet2 recently suggested that BOH would be the last base. This could change, but next year around 90% of the U.K. population will be within 90 minutes of a Jet2 base, why go to the expense of adding more?

Things are different from when Teesside had 30+ IT flights per week in the summer, they need to accept this fact and stop chasing something that is highly unlikely to happen if they want their airport to have a viable future.