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Air Southwest Put Up For Sale  
User currently offlinePlymSpotter From Spain, joined Jun 2004, 11672 posts, RR: 60
Posted (4 years 5 months 3 days 12 hours ago) and read 3809 times:

The Plymouth based airline, Air Southwest, has been put of for sale by parent company Sutton Harbor Holdings on the back of heavy losses in the transport sector:

http://news.bbc.co.uk/1/hi/england/devon/8705427.stm

Looks like it will be sold as a going concern at least.


Dan  


...love is just a camouflage for what resembles rage again...
14 replies: All unread, jump to last
 
User currently offlinetimboflier215 From United Kingdom, joined May 2005, 1339 posts, RR: 1
Reply 1, posted (4 years 5 months 3 days 12 hours ago) and read 3788 times:

FlyBE to get some more Q400's? Or maybe a left field contender such as Eastern Airways? Or LH? They seem to be buying everything else...

User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 2, posted (4 years 5 months 3 days 12 hours ago) and read 3755 times:

I sure hope they get a buyer who maintains the schedules, especially to LGW.

Its a real shame they are selling up and a real shame that they cannot extend the runway down there or relocate and gets jets into PLY, it would do wonders for the local economy, more tourism/business etc.


User currently offlinePlymSpotter From Spain, joined Jun 2004, 11672 posts, RR: 60
Reply 3, posted (4 years 5 months 3 days 12 hours ago) and read 3662 times:

A runway extension is part of the airport masterplan, allowing jets up to EMB-190 size in. The airport will remain under the ownership of Sutton Harbor Holdings, so hopefully this development won't be mothballed forever.

The Q400 can't currently land at PLH, so BE would have to make it possible or keep the DHC3s.


Dan  



...love is just a camouflage for what resembles rage again...
User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 4, posted (4 years 5 months 3 days 11 hours ago) and read 3549 times:

Hasn't that airport masterplan been blocked by local residents who dont want a runway extension? Personally unless they move the airport I cannot seen the extension coming to fruition. I would also like to think that if they did extend it would be to accomodate 737's and A320 size aircraft not just EMB-190.

User currently offlinePlymSpotter From Spain, joined Jun 2004, 11672 posts, RR: 60
Reply 5, posted (4 years 5 months 3 days 9 hours ago) and read 3386 times:

Not blocked, but the usual NIMBY's shout loudly. They tend to shut up when you point out that almost without exception, they all moved in after the airport was serving regular commercial services.

An excellent plan was formulated for an airport capable of serving 767-300s near to the city, only instead a bunch of houses are now being built there. Unfortunately, thanks to the topography, that was about the last unobstructed place you could have put an airport within 10 miles of the city - go any further and you might as well use NQY or EXT. That's why a city airport is being focused on, much like LCY.


Dan  



...love is just a camouflage for what resembles rage again...
User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 6, posted (4 years 5 months 3 days 6 hours ago) and read 3114 times:

Quoting PlymSpotter (Reply 5):
An excellent plan was formulated for an airport capable of serving 767-300s near to the city, only instead a bunch of houses are now being built there. Unfortunately, thanks to the topography, that was about the last unobstructed place you could have put an airport within 10 miles of the city - go any further and you might as well use NQY or EXT. That's why a city airport is being focused on, much like LCY.

I would love to see a widebody in PLY one day.........one day!


User currently offlineJobsaGoodun From United Kingdom, joined Nov 2004, 98 posts, RR: 0
Reply 7, posted (4 years 5 months 3 days 4 hours ago) and read 2927 times:

Hate to say it but I'm not sure how attractive a prospect WOW are just now. SHH have admitted themselves that significant losses have been incurred in their 'transport' division in the past year. WOW have competition on their doorstep with Flybe and I can't think of why Flybe would want to purchase a loss making carrier who's routes compete with their own. The only real value that I can see within WOW is their LGW slots. Neither fleet nor crews are in general short supply just now so these are not key assets in the current downturn.

I think it is rather more likely that SHH want to sell off PLH for development but cannot do this with WOW operating there at present. The cynic in me suggests they'll try to sell off WOW and when this doesn't work, they'll close it citing heavy losses which will also knock on to PLH allowing this to be closed and then sold for housing.

I hope I'm wrong as WOW clearly have a market that has worked since coming to the market in 2003, but they are very restricted in terms of growth now, with few options open to them and this industry is no where near completing it's consolidation yet.


User currently offlineBA174 From United Kingdom, joined Oct 2009, 761 posts, RR: 0
Reply 8, posted (4 years 5 months 3 days 3 hours ago) and read 2834 times:

I wonder if BA would be interested to merge into cityflyer maybe? That is a long shot though.

User currently offlinedavehammer From United Kingdom, joined Nov 2007, 472 posts, RR: 0
Reply 9, posted (4 years 5 months 3 days 3 hours ago) and read 2832 times:

Eastern anybody?? That'd be a possible suitor.

User currently offlineBoeing77W From United Kingdom, joined May 2007, 206 posts, RR: 0
Reply 10, posted (4 years 5 months 3 days 3 hours ago) and read 2781 times:

Quoting JobsaGoodun (Reply 7):
I think it is rather more likely that SHH want to sell off PLH for development but cannot do this with WOW operating there at present. The cynic in me suggests they'll try to sell off WOW and when this doesn't work, they'll close it citing heavy losses which will also knock on to PLH allowing this to be closed and then sold for housing.

To my knowledge, SHH will only sell the airline to someone who will continue to operate out of PLH. They don't want to lose the airport, the other business interests they have in the city will suffer if they do.


User currently offlineEXTspotter From United Kingdom, joined May 2007, 992 posts, RR: 1
Reply 11, posted (4 years 5 months 3 days 3 hours ago) and read 2769 times:

BA wouldn't touch it with a bargepole - whenever they pick up regionals, it seems they are jettisonned quickly afterwards, plus a loss making entity + loss making entity doesnt equal profit. Eastern is more likely, however I would still say that it is also an unlikely scenario. If anything some other Plymouth concern is the most likely to jump at this one, however I just don't see it happening - Ambrosia Airways, anyone? :p


AF BE BY FR MV PD SZ U2 VZ DHC6, 8-3/4Q, 732/8, 763ER, A319, A380
User currently offlineBoeing77W From United Kingdom, joined May 2007, 206 posts, RR: 0
Reply 12, posted (4 years 5 months 3 days 3 hours ago) and read 2754 times:

Quoting EXTspotter (Reply 11):
BA wouldn't touch it with a bargepole

We'd have come pretty much full circle if they were to take it  


User currently offlineNQYGuy From , joined Dec 1969, posts, RR:
Reply 13, posted (4 years 5 months 3 days 3 hours ago) and read 2700 times:

Quoting EXTspotter (Reply 11):
If anything some other Plymouth concern is the most likely to jump at this one, however I just don't see it happening - Ambrosia Airways, anyone? :p

How about The Range Airways?

I hear Chris Dawson has a head office down the road from PLH.    He even makes reference to it:


http://www.therange.co.uk/page/cdboydonegood


User currently offlinePlymSpotter From Spain, joined Jun 2004, 11672 posts, RR: 60
Reply 14, posted (4 years 5 months 3 days 3 hours ago) and read 2674 times:

Quoting Boeing77W (Reply 10):
To my knowledge, SHH will only sell the airline to someone who will continue to operate out of PLH. They don't want to lose the airport, the other business interests they have in the city will suffer if they do.

I think it's more that they tried it once and realised that shutting the airport just wasn't going to be allowed by the council. It is after all a lease - 150 years IIRC.

This year is the first in the red for ASW - it's fair to say they are the first 'casualty' of the volcanic ash crisis, as it's pretty much been the tipping point I believe. The prolonged closure of PLH earlier this winter due to snow was also a major problem and means they've taken two huge revenue hits in just a few months. SHH are recovering from an iffy period through their property portfolio's exposure to sudden downturns, and they don't want anything else considered a liability to their financial situation on the books.

It could be argued this will do ASW some good, especially if the current team are retained. They have a reputation for being one of the best carriers - especially for an LCC.


Dan  



...love is just a camouflage for what resembles rage again...
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