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If anything it will buy LBA more time to get its house in order.
Leeds Bradford - General Thread
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Tarn Spotter
Well-Known Member
- Nov 5, 2012
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Cash is king, a printed balance sheet showing millions of asset value, just worthless paper.
I can remember in the 2008 financial crash having my annual bank meeting, been shown a figure of the amount this bank director had to reduce his overdraft book, basically telling me I would be lucky to keep my facilities.
Thankfully for LBA, airports likely to be nationalised, the railways today have basically become state entities, others will come under the state net.
The rules are changing, running airports on the same basis as previous may not be possible or desirable
I can remember in the 2008 financial crash having my annual bank meeting, been shown a figure of the amount this bank director had to reduce his overdraft book, basically telling me I would be lucky to keep my facilities.
Thankfully for LBA, airports likely to be nationalised, the railways today have basically become state entities, others will come under the state net.
The rules are changing, running airports on the same basis as previous may not be possible or desirable
LBA4EVER
Elite-Member
was thinking the same, if anything I know its grim at the moment but this virus in a strange sort of way might be the best thing to happen to LBA.
- Moderator
- #2,884
And Here's next weeks schedule
Sunday, March 29th
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 10:05 - E190 = KL1542 Amsterdam
Monday, March 30th
A/ 09:15 - A319 = BA1340 London Heathrow
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 09:55 - A319 = BA1341 London Heathrow
D/ 10:05 - E190 = KL1542 Amsterdam
Tuesday, March 31st
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 10:05 - E190 = KL1542 Amsterdam
Wednesdays, April 1st
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 10:05 - E190 = KL1542 Amsterdam
Thursday, April 2nd
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 10:05 - E190 = KL1542 Amsterdam
Friday, April 3rd
A/ 09:10 - A319 = BA1340 London Heathrow
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 09:55 - A319 = BA1341 London Heathrow
D/ 10:05 - E190 = KL1542 Amsterdam
Saturday, April 4th
A/ 09:35 - E190 = KL1541 Amsterdam
D/ 10:05 - E190 = KL1542 Amsterdam
Sunday, April 5th
A/ 09:15 - A319 = BA1340 London Heathrow
A/ 09:25 - E190 = KL1541 Amsterdam
D/ 09:55 - A319 = BA1341 London Heathrow
D/ 10:05 - E190 = KL1542 Amsterdam
Last edited:
LBA4EVER
Elite-Member
Crikey not good! once this is over it will take years to get pax figures back to normal, I bet LBA will handle about 1.5 to 2m this year?
- Moderator
- #2,886
At least Leeds has flights next week, many airports around the UK don't and no doubt Leeds will recover with that recovery no doubt led by Jet2. Sadly i fear many other UK airports won't recover from the effects of this virus.
Tarn Spotter
Well-Known Member
- Nov 5, 2012
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When you see today's world map of air pollution levels and compare it to 3 months ago, a huge change for the good, especially in China.
It's thought already 100000 deaths have been delayed due to air pollution and rising a reason to cheer.
The University of Leeds study showing that 15% of U.K. residents make 70% of flights, shows those of us making a number per year, should maybe buy a permit from a non flyer.
As every business uses Zoom or other video conference sites, business travel could take a huge hit.
Many questions will be asked of the aviation industry in the future, if the government has to take control of airports, as they have done with all rail companies, a look at landing charges, possible cartels etc
LBA4EVER
Elite-Member
Next year then we could end up in the top 5 busiest uk airports . Which airports have no flights next week?- Moderator
- #2,889
Off the top of my head Cardiff, Exeter and Norwich and maybe Bournemouth and Southampton too.
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- #2,890
Teeside closes Its terminal this evening.
Are any scheduled fights operating into Donny?
I do know Humberside keeps its daily Eastern service to Aberdeen and it seems KLM city Hopper are running a very limited service to Amsterdam.
Are any scheduled fights operating into Donny?
I do know Humberside keeps its daily Eastern service to Aberdeen and it seems KLM city Hopper are running a very limited service to Amsterdam.
stars&sids
Active Member
- Jun 20, 2010
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DSA has Budapest & Cluj Napoja arrivals tonight. All Poland & Latvia Wizz are cancelled, but it seems Rumanian and Hungary flights are operating normally at present.
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- #2,892
Here we go again. Didn't you say you had 5 up and coming flights booked? How are your airline shares performing during this crisis? I guess your gas guzzling road haulage business wont be doing very well at the moment? At least the emissions from the road haulage businesses will be greatly reduced during this time. Something else the government will need to address to get on top of emissions.
Finger66
Well-Known Member
I am going to set myself a rule during this crisis. Whilst in general I am quite (not totally) tolerant to others views, there is no doubt that tensions are going to run a little higher than normal. That means tolerance levels will be upped regardless of someone's views and opinions. We are definitely all in this together, not just from social distancing, but how we want the world to recover, especially the aviation industry. We and LBA will bounce back so let's stay positive, obey the rules and encourage others to the same. TOGETHER WE WILL BEAT THIS. Nothing less than together is good enough
Heathrowflyer
Active Member
The Times today....
Airports may have to close temporarily after the government ruled out a comprehensive state bailout for the aviation industry, ministers were told today.
Rishi Sunak, the chancellor, wrote to the airlines and airports this afternoon, warning that there would be no sector-wide rescue to prevent companies going out of business because of coronavirus.
In a letter seen by The Times, Mr Sunak insisted that the aviation industry was “vital” to the nation’s economic recovery and to rescue Britons stuck overseas. However, he said that further taxpayer support for the sector would only be possible once they had “exhausted other options” including raising money from shareholders, investors and banks.
Airports may have to close temporarily after the government ruled out a comprehensive state bailout for the aviation industry, ministers were told today.
Rishi Sunak, the chancellor, wrote to the airlines and airports this afternoon, warning that there would be no sector-wide rescue to prevent companies going out of business because of coronavirus.
In a letter seen by The Times, Mr Sunak insisted that the aviation industry was “vital” to the nation’s economic recovery and to rescue Britons stuck overseas. However, he said that further taxpayer support for the sector would only be possible once they had “exhausted other options” including raising money from shareholders, investors and banks.
Sherburnflyer92
Elite-Member
Just as i thought he was doing well ...
He admits its vital to the national economic recovery yet won't allow a bail out. Brilliant. Norwegian Government are bailing out Norwegian yet he won't allow other, profitable, airlines to be bailed out/given some assurance by the government. He even admits they are vital to the national economic recovery. I have lost quite a bit of respect for him now.
easyJet should not of give away the money it did the share holders, and BA should be told where to go as they are moaning about the fact it is survival of the fittest. BA are a national disgrace not a national airline. Banks don't like it they need to be reminded that we, the people, bailed them out. Some banks in the financial crash should of not been bailed out. They should of been allowed to fail. But thats a different story for another day.
He admits its vital to the national economic recovery yet won't allow a bail out. Brilliant. Norwegian Government are bailing out Norwegian yet he won't allow other, profitable, airlines to be bailed out/given some assurance by the government. He even admits they are vital to the national economic recovery. I have lost quite a bit of respect for him now.
easyJet should not of give away the money it did the share holders, and BA should be told where to go as they are moaning about the fact it is survival of the fittest. BA are a national disgrace not a national airline. Banks don't like it they need to be reminded that we, the people, bailed them out. Some banks in the financial crash should of not been bailed out. They should of been allowed to fail. But thats a different story for another day.
Heathrowflyer
Active Member
Many are deserving....Virgin though....hmmm...what is Branson's tax status in the UK? I'm guessing caution about these payouts relate to Virgin too.
What he`s actually saying is that the Government will only act as the lender of last resort, not the first. He`s told them, quite rightly, to seek assistance from their funders and shareholders and only when all avenues have been exhausted will the government step in. I think that is sensible and it throws down the gauntlet to people like Walsh and Branson not to mention Easyjet who paid out £170m in dividends before holding out the begging bowl.
As to airports, sorry but many on here will not like this, but there is a thought stream and most likely in Government too, that there are too many airports in the UK, as it is. Some will inevitably go to the wall. The Dept of Transport will already have a list.
As to airports, sorry but many on here will not like this, but there is a thought stream and most likely in Government too, that there are too many airports in the UK, as it is. Some will inevitably go to the wall. The Dept of Transport will already have a list.
- Moderator
- #2,898
I've seen that argument put out before that the country only really needs Heathrow, Gatwick, Stansted, Bristol, Birmingham, Manchester, Newcastle, a Scottish central belt airport, Aberdeen, Inverness, Belfast and Newquay
stars&sids
Active Member
- Jun 20, 2010
- 199
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That’s an argument that insults every air traveller East of the Pennines. It’s not like we’ve got a great public transport service to get us to Manchester Birmingham or even Newcastle, so we’ll all be driving our electric cars there by the sound of it.
Heathrowflyer
Active Member
Flybe may also make a legal challenge if the government allowed them to go under but helps others out.
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Well it looks like I'm off to Australia and New Zealand next year! Booked with BA from Manchester via Heathrow with a stop in Singapore and returning with Air New Zealand and BA via LAX to Heathrow. Will circumnavigate the globe and be my first trans-Pacific flight. First long haul flight with BA as well and of course Air NZ.
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