TheLocalYokel
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- Jan 14, 2009
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New York air route ‘could bring in £1m’ a year
The below link relates to a newspaper report published this week that has discovered a previously unseen report by an aviation consultancy firm that estimates a daily transatlantic service between Cardiff and New York would be worth £1 million a year to the Welsh economy.
The study was carried out four years ago on behalf of the Wales Assembly Government.
The study envisaged a 174-seat Boeing 757-200 aircraft operating daily throughout the year and estimated that over 109,000 passengers would use the service each year which I calculate as an 86% load factor throughout the year.
Support costs from the then Welsh Route Development Fund are estimated at £580,000 per year for the first three years.
Cardiff Airport management said that talks between it and Delta Air Lines for a daily service between CWL and JFK are ongoing and it "strongly believes" the plans could come to fruition though it says the "scale and nature requires participation beyond Cardiff Airport." I take this as code for support from the public purse.
A Delta spokeswoman said: “There are no current plans [for this route] on Delta’s schedule, but we are always open to reviewing new route opportunities.”
The deputy leader of Cardiff Council said, “Linking Cardiff and New York is a no-brainer, really. I think that’s the level we need to start pitching Cardiff at.”
The existence of this report certainly seems to have engendered a lot of enthusiasm amongst those with an interest in the fortunes of Welsh aviation and CWL.
But is it realistic - even if the Wales Assembly Government could find a way of using public money to fund such a route?
For a start the world economic situation is completely different from 2007 when the report was compiled.
The idea of a daily service throughout the year with an average load factor of 86% would be a fantastic performance from an airport serving a catchment such as CWL's.
Delta has been suspending its transatlantic JFK routes in winter from airports far bigger than CWL and with much larger and more prosperous catchments.
Continental doesn't operate daily in winter to Newark from BHX, a much bigger airport than CWL.
The only way such a route has a hope of achieving any sort of success is with a significant subsidy from public funds - in this case the Wales Assembly Government. But that would be the situation from many UK regional airports not currently featuring transatlantic scheduled services if they could get someone to underwrite the airline's costs.
The full story is at this link
http://www.walesonline.co.uk/cardiffonl ... -29923032/
The below link relates to a newspaper report published this week that has discovered a previously unseen report by an aviation consultancy firm that estimates a daily transatlantic service between Cardiff and New York would be worth £1 million a year to the Welsh economy.
The study was carried out four years ago on behalf of the Wales Assembly Government.
The study envisaged a 174-seat Boeing 757-200 aircraft operating daily throughout the year and estimated that over 109,000 passengers would use the service each year which I calculate as an 86% load factor throughout the year.
Support costs from the then Welsh Route Development Fund are estimated at £580,000 per year for the first three years.
Cardiff Airport management said that talks between it and Delta Air Lines for a daily service between CWL and JFK are ongoing and it "strongly believes" the plans could come to fruition though it says the "scale and nature requires participation beyond Cardiff Airport." I take this as code for support from the public purse.
A Delta spokeswoman said: “There are no current plans [for this route] on Delta’s schedule, but we are always open to reviewing new route opportunities.”
The deputy leader of Cardiff Council said, “Linking Cardiff and New York is a no-brainer, really. I think that’s the level we need to start pitching Cardiff at.”
The existence of this report certainly seems to have engendered a lot of enthusiasm amongst those with an interest in the fortunes of Welsh aviation and CWL.
But is it realistic - even if the Wales Assembly Government could find a way of using public money to fund such a route?
For a start the world economic situation is completely different from 2007 when the report was compiled.
The idea of a daily service throughout the year with an average load factor of 86% would be a fantastic performance from an airport serving a catchment such as CWL's.
Delta has been suspending its transatlantic JFK routes in winter from airports far bigger than CWL and with much larger and more prosperous catchments.
Continental doesn't operate daily in winter to Newark from BHX, a much bigger airport than CWL.
The only way such a route has a hope of achieving any sort of success is with a significant subsidy from public funds - in this case the Wales Assembly Government. But that would be the situation from many UK regional airports not currently featuring transatlantic scheduled services if they could get someone to underwrite the airline's costs.
The full story is at this link
http://www.walesonline.co.uk/cardiffonl ... -29923032/