Cargo operations

[geoff]

It ended up flying into Jeddah, although it came into CWL from Ryadh.

 

[CAN&I]

European Cargo has appointed Joint Administrators as of 4pm today and consequently has ceased trading with immediate effect. Sadly, approximately 150 jobs are now at risk, possibly more in connected roles at Bournemouth and Teesside Airports.

Notice attached taken from EC's website earlier this evening.

 

[Jerry]

Sad news for the staff and airports involved but thankfully Cardiff is not affected.

 

[CAN&I]

Sad news for the staff and airports involved but thankfully Cardiff is not affected.

Indeed. Never a good thing when the livlihoods of hardworking people are left at risk. Only 3 months after the new base at Teesside opened with significant investment from the Tees Valley Combined Authority.

 

[Jerry]

Indeed. Never a good thing when the livlihoods of hardworking people are left at risk. Only 3 months after the new base at Teesside opened with significant investment from the Tees Valley Combined Authority.

Well hopefully for Teesside the contract was with the cargo people and not just the airline and another airline can be found.

 

[LBAYORKIE]

Well hopefully for Teesside the contract was with the cargo people and not just the airline and another airline can be found.

Unsure what you mean. I dont think the airport controlled the traffic.

Indeed. Never a good thing when the livlihoods of hardworking people are left at risk. Only 3 months after the new base at Teesside opened with significant investment from the Tees Valley Combined Authority.

No doubt owe Teesside and Bournemouth a small fortune in unpaid bills.

 

[Jerry]

Unsure what you mean. I dont think the airport controlled the traffic.

No but the contract could've been with the company bringing in the goods rather than the airline itself.

 

[CAN&I]

Unsure what you mean. I dont think the airport controlled the traffic.


No doubt owe Teesside and Bournemouth a small fortune in unpaid bills.

Not to mention Cardiff Airport...

No but the contract could've been with the company bringing in the goods rather than the airline itself.

The loss of that contract was one of the issues that contribited towards yesterday's appointments. We can only hope only a small proportion of the "50 jobs" that were due to be generated by the EC / MME deal were in place prior to the airline's collapse.

 

[Jerry]

Not to mention Cardiff Airport...

Makes you wonder if that is part of the reason they left and ceased operating to Cardiff.

 

[CAN&I]

Makes you wonder if that is part of the reason they left and ceased operating to Cardiff.

Also makes you wonder how quickly they fell into bed with Teesside after ceasing operations at Cardiff, only to collapse less than three months later.

There has been some conjecture from one or two "fans" and a certain (now ex-) employee regards a "disagrement over contractual terms" or that one party "increased their "fees" without discussion". We'll probably never know whether either was anywhere near the mark.

It is telling, however, that both European Cargo and Cardiff Airport had remained tight lipped ever since.

 

[Jerry]

Also makes you wonder how quickly they fell into bed with Teesside after ceasing operations at Cardiff, only to collapse less than three months later.

There has been some conjecture from one or two "fans" and a certain (now ex-) employee regards a "disagrement over contractual terms" or that one party "increased their "fees" without discussion". We'll probably never know whether either was anywhere near the mark.

It is telling, however, that both European Cargo and Cardiff Airport had remained tight lipped ever since.

I suppose Teesside is eager just like any other airport to diversify.
I do wonder if switching the cargo operations over to Swissport was part of the disagreement? We'll probably never really know what happened.

I do think one of the problems for European Cargo was it's likely with Temu being their only customer their margins were quite thin and with operating aircraft that were not very fuel efficient any sort of extra fees or increase in them and increase in the price of fuel wiped any slim margin out.