- Moderator
- #1,641
I think he's talking about Southampton not Cardiff.CWL pax figures were far away from 2 million,about 400.000 if I read the figures correctly.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I think he's talking about Southampton not Cardiff.CWL pax figures were far away from 2 million,about 400.000 if I read the figures correctly.
I was looking at a post you did back in November. The pax you quoted was 1.663,201I think he's talking about Southampton not Cardiff.
That should be the rolling year for Cardiff I believe.I was looking at a post you did back in November. The pax you quoted was 1.663,201
Yes those are part of EU legislation but with the UK leaving the EU those rules in the UK may well change and become more relaxed.I. thought pso was between airports in the UK. The same thing in other Europe wide airports as well.There is a lot of rules and regs with a PSO in how the airline and airport operate any PSO routes 1 of the main thing is how easy to get from I part of country to another is and that means all sort of transport.
I was referring to Southampton in that post as they are a similarly sized airport with a big reliance on Flybe too. Their 2018 total was 1.99m. My apologies for not making that clearCWL pax figures were far away from 2 million,about 400.000 if I read the figures correctly.
SOU has been struggling in recent years even with Flybe. In 2017 SOU handled 2.069 million passengers, down to 1.991 million in 2018 and now the current 12-month rolling figure for November is 1.805 million. That's a loss of over 260,000 passengers in just under three years in a period when many other airports have experienced good passenger growth, including CWL.I was referring to Southampton in that post as they are a similarly sized airport with a big reliance on Flybe too. Their 2018 total was 1.99m. My apologies for not making that clear
This company won't come cheaply. I wonder if their costs will be factored into loan repayments if and when Flybe gets around to repaying. If not, the tax payer will be picking up the tab.Ministers fly in advisers for Flybe loan talks
The government has drafted in Alvarez & Marsal to hammer out the terms of a loan to Flybe, Sky News learns.news.sky.com
Apparently the loan will be secured on assets like aircraft and I'd imagine engines and if they own it Flybe HQ in Exeter. Another asset could be Flybe Aviation services the MRO business.This company won't come cheaply. I wonder if their costs will be factored into loan repayments if and when Flybe gets around to repaying. If not, the tax payer will be picking up the tab.
Apparently the loan will be secured on assets like aircraft and I'd imagine engines and if they own it Flybe HQ in Exeter. Another asset could be Flybe Aviation services the MRO business.
As for other airlines I expect the government will throw them a bone with some sort of reduction in APD. Loganair though is an interesting mention as I'd imagine that considering that they operate most of Scotland's domestic routes the Scottish government itself would do the same as the UK government if it needed help. Though as an airline they seem to wisely run but unlike Flybe they do have a significant amount of routes which are APD free. I wonder if that gives them an advantage in that their APD bill % wise to their revenue is lower than Flybe? Though of course APD is only one reason why Flybe is where it is as a company today.
I've seen several people on Twitter ask why Flybe's owners aren't coming up with the cash. All 3 investors in Connect Airways and Delta airlines who own 49% of Virgin Atlantic and of course Richard Branson.The question remains that if the consortium owns assets that could be used as collateral in a loan from the government why could they not be used in the same way to obtain a loan from commercial lenders?
Sadly it's highly probable but the problem will be for the UK government that the routes culled could be the vary routes that the government want to save, the inter regional routes like SOU-NCL or EXT-MAN. I'd imagine that any government loan would probably have some sort of criteria and turnaround plan attached to it or needed for it to be given.So do you think we will see some kind of cull of flights from some airports after recent events?
I think that is the reason. We can only hope that if the government does come up with the money the consortium uses it wisely.I can only assume that the lenders believe Flybe is too risky.
We might not know the details of any agreement between the government and Flybe. The government is hiding behind the commercial confidentiality screen now. It's difficult to see that changing despite public money being used if an agreement is reached.Sadly it's highly probable but the problem will be for the UK government that the routes culled could be the vary routes that the government want to save, the inter regional routes like SOU-NCL or EXT-MAN. I'd imagine that any government loan would probably have some sort of criteria and turnaround plan attached to it or needed for it to be given.
Sorry who's PP?According to PP
Sorry who's PP?
Please, don't swear!"Dried fruit" = Pprune.
Subscribe to help support your favourite forum and in return we'll remove all our advertisements. Your contribution will help to pay for things like site maintenance, domain name renewals and annual server charges.
We get it, advertisements are annoying!
Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.