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#1041 |
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Oh bugger
Join Date: Apr 2005
Posts: 2,030
Likes (Received): 3
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That's a red herring. It costs Peel £13 for every passenger that passes through the door. Hardly ideal for an airport that has never made a profit and has no surplus to call on.
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#1042 |
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do me bad things
Join Date: Apr 2006
Location: Sheffield 6
Posts: 7,293
Likes (Received): 0
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Interesting statistic TMH, but saying that it cost Peel £x per passenger would imply that the best way to cut losses is to stop taking passengers, and that wrong. The losses per passenger will decrease as passenger numbers increase (and vice versa) until we reach a 'tipping point', where one additional passenger results in a net profit per passenger. Obviously as passenger numbers increase so do overheads, but not at the same rate.
There will be a figure at which the airport will be in profit. Whether that PAX figure is attainable is down to calculations made by accountants with more experience than you or I.
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#1043 |
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E = MC²
Join Date: Apr 2006
Location: Sheffield
Posts: 3,672
Likes (Received): 0
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There are also other revenue incomes at the airport including cargo, training, rental of hangar space, parking, retail.
It is worth pointing out that the airport is a huge capital project which is a long term investment. As time goes by more and more of the advanced facilites are commissioned and on line. Eventually as the Train station and the Motorway Link also come to be, then the airport will become ever more attractive.
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20th Century Tower Blocks of sheffield My own website with lots of pics and info.... Please visit .. Sheffield's Old Cinema buildings My own study into the old cinema buildings of sheffield, with plenty of facts, figures and history thrown in.... |
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#1044 | |
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Registered User
Join Date: Aug 2008
Posts: 1,230
Likes (Received): 0
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Quote:
Airports as multi-modal transport hubs have been proven not to work until they are handling at least 5 million passengers per year, and this still may not be enough assuming movements are lower than an airport with a number of flights on smaller aircraft. This figure is the type which would convince a train operator just to stop at a station as opposed to making it an ultimate destination (i.e Manchester) and will have very very little effect on attracting airlines. Accessability is key only when costs are sustainable relative to patronage if you get my drift. As for comparing pax figures with other airports, this gives absolutely no clear indication of an airports business. In fact for many airports it is the other uses for a site which create the income and subsequent profit. Particularly for an airport which is based primarily to serve the bread and butter charter/ low cost market. It is quite clear Peel have a lot of land to play around with at DSA but as yet, private investment from other companies has been negligable. They also rumoured to have turned away AirAtlantique who were interested in opening a maintenance base there. A bad move it would seem. Any investor who comes on board will do so solely because of the success of Liverpool. Its been told to me that Peel had the same aspirations for DSA but its clear growth is not favoring DSA as much. Remember LPL is yet to break even too. So while a 49% stake would help the future case for Peel Airports, i can see quite substantial cuts in spending at DSA and cuts in overheads. Remember, it will have to be a company with years of expertise in running airports to make a difference, and they may suggest that Peel do things completely differently in future! |
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#1045 |
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Oh bugger
Join Date: Apr 2005
Posts: 2,030
Likes (Received): 3
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If you want to offset the cargo income then it costs even more per passenger I'm afraid. All the numbers are in the public domain.
According to reports Air Atlantique (Classic Flight) wanted to relocate their 20+ aircraft from Coventry but were turned down by Peel in case they wanted the hanger for something else ! ! Aggregate extraction machinery at a guess, though that would be unlikely to bring in the 100,000 visitors that CF expected. Perhaps giving CF a lease wasn't something that Peel were inclined to do? No matter which way you cut it there simply doesn't appear to be enough chimney pots to sustain this airport. The path being trodden looks incredibly similar to the one taken at Sheffield City, except that the Sheffield City package made money. |
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#1046 | |
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Registered User
Join Date: Aug 2008
Posts: 1,230
Likes (Received): 0
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Quote:
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#1047 | |
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Registered User
Join Date: Feb 2008
Posts: 269
Likes (Received): 0
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Quote:
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http://www.rothbiz.co.uk |
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#1048 |
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Not 8ANNED :-)
Join Date: Aug 2004
Posts: 2,331
Likes (Received): 0
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Also reported by the BBC last week was that DSA will only have around 3 yes (3/THREE) flights per day during the winter. I know most airports will have a vastly reduced program during the quieter winter months but that is ridiculous.
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#1049 |
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Registered User
Join Date: Mar 2008
Location: Doncaster
Posts: 73
Likes (Received): 0
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3 flights on TWO days of the week - the average is about 5 per day, which some airports would be glad to have over winter!
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#1050 | |
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Registered User
Join Date: Aug 2008
Posts: 1,230
Likes (Received): 0
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You are again using the assumption that commercial flights are the sole factor of an airports profitability. I can tell you that an airport not so far away will have 7 flights a day but will still return a profit to its investors next year... |
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#1051 | |
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Not 8ANNED :-)
Join Date: Aug 2004
Posts: 2,331
Likes (Received): 0
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Quote:
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#1052 | |
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Registered User
Join Date: Feb 2008
Posts: 269
Likes (Received): 0
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Quote:
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http://www.rothbiz.co.uk |
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#1053 |
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E = MC²
Join Date: Apr 2006
Location: Sheffield
Posts: 3,672
Likes (Received): 0
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Just got the september figures and so here is my latest table.
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20th Century Tower Blocks of sheffield My own website with lots of pics and info.... Please visit .. Sheffield's Old Cinema buildings My own study into the old cinema buildings of sheffield, with plenty of facts, figures and history thrown in.... |
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#1054 |
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Oh bugger
Join Date: Apr 2005
Posts: 2,030
Likes (Received): 3
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So, it's back to Y1 levels. Doesn't look good does it, especially if October turns out to be less than Y1M10
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#1055 |
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Not 8ANNED :-)
Join Date: Aug 2004
Posts: 2,331
Likes (Received): 0
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A little good news at last! The Ryanair service to Girona and Alicante are back on sale for the summer 2010 schedule.
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#1056 |
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Registered User
Join Date: Nov 2004
Location: New York
Posts: 2,796
Likes (Received): 13
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#1057 |
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Not 8ANNED :-)
Join Date: Aug 2004
Posts: 2,331
Likes (Received): 0
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Lloret has gone down hill over recent years though. Tosser is nicer. As for Barcelona, you're better off flying to Barcelona (BCN) Girona is a bit of a trek in all honesty.
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#1058 | |
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Registered User
Join Date: Nov 2004
Location: New York
Posts: 2,796
Likes (Received): 13
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Quote:
Lloret has gone UPhill in recent years. I went as a teenager and again a couple of years ago, and was amazed on the recent visit how trendy and chic it was! If I was living in Sheffield, I'd definately consider a long weekend from DSA. |
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#1059 |
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Not 8ANNED :-)
Join Date: Aug 2004
Posts: 2,331
Likes (Received): 0
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Passengers during October were 76,924 down -10.1% on the same period last year. Rolling year passenger totals stand at 858,502 down -13.5%
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#1060 |
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Sheffield Wednesday
Join Date: May 2009
Location: Sheffield and South Yorkshire; Wales
Posts: 388
Likes (Received): 0
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