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Post by richardtaylor on Sept 6, 2008 7:57:14 GMT
Reading PPRUNE, suggestions the airport is losing quite a bit of money, at least so says Peel - £1m a month, it is claimed!
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Post by Humberside on Sept 6, 2008 8:21:58 GMT
Apparently so. Clearly unsustainable long term. However the local press in Doncaster seem to be exagerating it and calling it a cash crisis, which it isn't since Peel have big pockets.
But action is needed now to turn things around. Losses should be expected since no doubt there are debts outstanding from the set up costs. DSA is a long term investment. Add in the general economic problems and you can't expect DSA to have good financials. But £1 million pound per month loss is huge - £12 million a year. You can't just do nothing
DSA have tried to get council tax relief - this has been refused. I agree with this since I think support should be provided that isn't DSA only - improving the tourism product has been mentioned - that would benefit the whole area and not just DSA for example. If the local authorities etc can provide such support, and DSA can do it's own cost cutting then hopefully the losses can be reduced to more sustainable levels
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Post by pug on Feb 3, 2009 14:20:53 GMT
Found on an expert airports blog...
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Post by pug on May 19, 2009 13:07:39 GMT
Source; BBC
I know its thousands of miles away, and they are used less than DSA, also being publicly funded. The fundamental flaws are there though....
Sounds like the problem in Yorkshire at the moment.
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