New majority stakeholders at EGPH

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G-WATP
Posts: 79
Joined: Sat May 02, 2020 10:50 pm

Re: Vinci Airports

Post by G-WATP »

FlyGLA wrote: Thu Jun 27, 2024 12:01 pm
G-WATP wrote: Thu Jun 27, 2024 6:28 am
FlyGLA wrote: Wed Jun 26, 2024 11:52 pm US Preclearance at EDI. :lol:

Reality check. For 6 months of the year there is a single daily 757 crossing the pond.
Reality check: that statement's wrong. DL also operate their JFK service through the winter, taking a break between 4th January and the 9th March.
I thought Delta had went seasonal at EDI. Apologies, however, a single 757 for a quarter of the year and just two 757s for the other quarter still doesn't warrant pre-clearance.
It's not two 757s for the other quarter either, it's one 757 and a 767. It's worth noting that the US authorities were happy to accept EDI's application in 2016, when there actually was only one 757 in the winter:

https://www.dhs.gov/news/2016/11/04/dhs ... -following

Back on to the topic of the thread, interesting quote in this article:
And Glaswegians have noticed. The number of bookings to park at Edinburgh Airport made by people with Glasgow postcodes has more than tripled since 2019, and a fifth of such bookers now come from beyond Harthill in west central Scotland.
https://www.bbc.com/news/articles/cjjw320d861o
FlyGLA
Posts: 94
Joined: Fri May 26, 2023 8:45 am

Re: New majority stakeholders at EGPH

Post by FlyGLA »

There is no doubt that EDI is being bank rolled by passengers who would much prefer to fly to and from GLA but have no choice but to use EDI. Many routes currently operating out of EDI would not be sustainable without the contributions of Glasgow based passengers. Myself included. Hence EDI = Glasgow East.
Iain
Posts: 241
Joined: Thu Dec 10, 2020 10:02 am

Re: Vinci Airports

Post by Iain »

G-WATP wrote: Thu Jun 27, 2024 12:34 pm

Back on to the topic of the thread, interesting quote in this article:
And Glaswegians have noticed. The number of bookings to park at Edinburgh Airport made by people with Glasgow postcodes has more than tripled since 2019, and a fifth of such bookers now come from beyond Harthill in west central Scotland.
https://www.bbc.com/news/articles/cjjw320d861o
Pretty damning on those on charge at GLA.

.....and that's before we start to count the thousands of pax disappearing to EDI from the centre of GLA's catchment on the citylink bus.
Bearsden
Posts: 704
Joined: Fri May 01, 2020 7:55 pm

Re: Vinci Airports

Post by Bearsden »

Iain wrote: Thu Jun 27, 2024 12:52 pm
G-WATP wrote: Thu Jun 27, 2024 12:34 pm

Back on to the topic of the thread, interesting quote in this article:
And Glaswegians have noticed. The number of bookings to park at Edinburgh Airport made by people with Glasgow postcodes has more than tripled since 2019, and a fifth of such bookers now come from beyond Harthill in west central Scotland.
https://www.bbc.com/news/articles/cjjw320d861o
Pretty damning on those on charge at GLA.

.....and that's before we start to count the thousands of pax disappearing to EDI from the centre of GLA's catchment on the citylink bus.
And of course EDI PR Department 'fed' the car parking information to Douglas Fraser to get yet another 'poke in the eye' into its local competition
G-WATP
Posts: 79
Joined: Sat May 02, 2020 10:50 pm

Re: Vinci Airports

Post by G-WATP »

Bearsden wrote: Thu Jun 27, 2024 1:03 pm And of course EDI PR Department 'fed' the car parking information to Douglas Fraser to get yet another 'poke in the eye' into its local competition
Or he read it from here: https://corporate.edinburghairport.com/ ... gh-airport
Clive
Site Admin
Posts: 1359
Joined: Wed May 01, 2019 8:59 pm

Re: New majority stakeholders at EGPH

Post by Clive »

Edinburgh Airport is taking off on a new route as it comes under the control of a French company that claims to be the largest private airport operator in the world.
The new owner, Vinci, is backing an airport business that has bounced back strongly from the pandemic, expecting to hit record passenger numbers this year, and growing by another third within the next six years.
Vinci, which is based in Paris, owns 70 airports around the world, including London Gatwick and Belfast International - and it has now confirmed the transfer of a 50.1% stake in Scotland's busiest airport for £1.27bn.
That means Edinburgh Airport's value has more than tripled in the 12 years since the continuing co-owner, GIP or Global Infrastructure Partners, bought it for what seemed an eye-popping £807m.
That was the amount paid to BAA, which inherited Edinburgh, Glasgow and Aberdeen airports from its nationalised predecessor, the British Airports Authority, along with Heathrow and Gatwick in London.
These airports have since become highly valued sources of profit for huge investment funds, and compete for business where previously BAA put the brakes on competition and growth.

For the investors behind GIP, for whom their stake in Edinburgh Airport was time-limited, the tripling in valuation is not clear profit.
Edinburgh Airport has invested heavily through those years to expand, as regular users know from the many construction works during these years. And the work goes on.
The £1.27bn figure for half the airport means a total valuation of £2.5bn, a remarkable achievement only four years after pandemic struck aviation harder than any other sector.
The airline body IATA calculated that worldwide losses in 2020 totalled nearly $138bn (£109bn at the current exchange rate).
The bounceback has been extraordinary.
The Civil Aviation Authority says UK airport passenger numbers dropped from 300 million in 2019 to 65 million two years later.
Two years further on, in 2023, passengers passing through terminals were up again to 276 million.
UK aircraft movements dropped from 2.3 million in 2019 to 800,000. They have come back to 2 million.
The load factor - a vital measure for the industry, measuring the proportion of seats filled - dropped from 84% to 57%, and rose to 82% last year.
Edinburgh Airport's passenger numbers were up 28% last year to 14.4 million, and it expects to pass its previous peak during this year.

Teesside and Heathrow were the only large UK airports to grow faster.
Edinburgh is close to passing Heathrow as the busiest airport for domestic UK passengers, at 4.3 million last year to the London hub's 4.6 million (though only one in 17 of its passengers are on domestic UK routes).
And despite the tensions with the drive to reduce fossil fuel use, the expansion goes on.

By 2030, Edinburgh's management is planning for annual passenger numbers to grow to 20 million.
That is growth by a third, about equal to Scotland’s entire five million population.
That endless development of facilities is not without growing pains.
Staffing for peak periods has been a struggle in a tight labour market coming out of the pandemic, leading to long waits to get through security. There have been industrial disputes and a big luggage backlog.
The falling share of business air travel has also led to longer delays. That used to account for half of passengers.
Leisure travel now makes up two-thirds of those going through security, and holiday travellers take longer to conform with the rules.
They spend lots in the airport terminal, however, which is why critics of airport expansion point to passenger terminals as being more interested in operating shopping malls, restaurants and bars.

The airport is taking steps to try to reduce the numbers of passengers reliant on cars
Further expansion will put more pressure on ground transport, which already produces 16% of the airport's total carbon footprint.
Public transport to and from the airport is used by only 37% of air passengers, lower than the five main airports around London, while 40% use cars and 9% use taxis.
Car park pricing and the "kiss and fly" drop-off charge is not only to make a lot of money for the airport, but is intended to encourage public transport use.
The intention for 2028 is to reach 7.3 million passenger journeys on public transport to and from the airport, while taking 2.8 million car journeys off roads around the Ingliston site.
The airport is offering to build a new link road and cycle route, connecting with the city's Gogar roundabout, and then to hand it over to the city council.
But it has hit planning delays, as so much of the airport's growth clashes with city and national targets for reduced greenhouse gas emissions.
The airport sector has responded to that threat by investing in low-carbon activities in its ground operations, and there are plans to invest in new fuel capacity.
As the area is a focus of activity for housing expansion in Edinburgh's hot property market, airport managers are looking at the potential of a district heating project, serving more than 10,000 nearby homes.
There is a large solar farm alongside Edinburgh’s runway, while the sector looks to engine manufacturers as well as airlines to develop SAF - sustainable aircraft fuel made from crops, cooking oil and synthetic chemicals - to commercial viability and the necessary scale worldwide.

That is the only way aviation can hope to conform with net zero targets. New co-owner Vinci aims to hit net zero later than most others, in 2050.

The growth of Edinburgh does not go unnoticed towards the other end of the M8 motorway.
Glasgow Airport has also bounced back from the pandemic, but has little more than half of Edinburgh's passenger numbers, and growth was much slower last year, at 13%.
Glasgow retains the lucrative Emirates link with Dubai, but in a tough competition to attract long-haul airlines as they return to Scotland post-pandemic, Edinburgh has secured links with Hainan in China, Istanbul, Qatar, two airlines linking with Toronto, and six scheduled US destinations last year to Glasgow's seasonal one.
One of Edinburgh's advantages is as a city brand that is instantly recognised in overseas marketing.
It also benefits from being close to the centre of the central belt, on a ground transport network that is more accessible to more of Scotland than Glasgow's airport.
And Glaswegians have noticed. The number of bookings to park at Edinburgh Airport made by people with Glasgow postcodes has more than tripled since 2019, and a fifth of such bookers now come from beyond Harthill in west central Scotland.
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TonyM90
Posts: 13
Joined: Wed Mar 08, 2023 9:11 pm

Re: New majority stakeholders at EGPH

Post by TonyM90 »

Bookings tripled from G postcodes, nevermind the likes of ML, PA, KA, DG even some FK postcodes added in there too. Bet EDI must love that PIK continues to operate commercial flights. Without that a GLA operation for FR could easily have 3/4 based aircraft and seven figure passenger numbers from that alone each year. On top of that, EDI has further capitalised on huge growth off the back of passengers in the GLA catchment, it just makes EDI much stronger and GLA more mickey mouse than it really it is. Airlines see an airport with between 5-10m passengers at one and think its a small area and not capable of stuff like long haul so like sheep they follow the crowd to EDI. EDI is better placed for a lot of things compared to GLA, but lets not pretend its that simple and the gap is what it is proving to be at this time. The market is distorted.
Sharpal7
Posts: 126
Joined: Thu May 07, 2020 9:29 pm

Re: Vinci Airports

Post by Sharpal7 »

Bearsden wrote: Thu Jun 27, 2024 1:03 pm
Iain wrote: Thu Jun 27, 2024 12:52 pm
G-WATP wrote: Thu Jun 27, 2024 12:34 pm

Back on to the topic of the thread, interesting quote in this article:



https://www.bbc.com/news/articles/cjjw320d861o
Pretty damning on those on charge at GLA.

.....and that's before we start to count the thousands of pax disappearing to EDI from the centre of GLA's catchment on the citylink bus.
And of course EDI PR Department 'fed' the car parking information to Douglas Fraser to get yet another 'poke in the eye' into its local competition
Re Citylink AIR bus. I use this at least twice a week (sometimes more) to visit EDI. It's been so busy recently that overflow queue measures now in place at both ends at times. Booked pax get priority of course and delays can happen as the queue sorts itself out. Sometimes I give it a miss and go on the 900 service to Ingliston and walk to/from the terminal. It will only get busier now school hols started.
FlyGLA
Posts: 94
Joined: Fri May 26, 2023 8:45 am

Re: New majority stakeholders at EGPH

Post by FlyGLA »

I believe the coach used to GLA East has 71 seats and operates up to every 30 minutes. That's 284 seats an hour going to and from EDI that could be flying from GLA. Then on top of that you have the aforementioned rise in car park bookings from Glasgow.

I hope Team GLA are taking these figures to the airlines to show where Scotland's flying population and actually flying to and from, as it's not Edinburgh. We just need one airline to make the switch and provide the flights to start clawing back our rightful market share.
Clive
Site Admin
Posts: 1359
Joined: Wed May 01, 2019 8:59 pm

Re: New majority stakeholders at EGPH

Post by Clive »

FlyGLA wrote: Fri Jun 28, 2024 9:06 am I believe the coach used to GLA East has 71 seats and operates up to every 30 minutes. That's 284 seats an hour going to and from EDI that could be flying from GLA. Then on top of that you have the aforementioned rise in car park bookings from Glasgow.

I hope Team GLA are taking these figures to the airlines to show where Scotland's flying population and actually flying to and from, as it's not Edinburgh. We just need one airline to make the switch and provide the flights to start clawing back our rightful market share.
We need a high frequency bus service to Edinburgh and links to all major population centres and a Ryanair base. It’s difficult to fathom why an international airport like GLA doesn’t have either.
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