Airport profit fall by 18%???

[Humberside]

Not very clear, but a reference to HUY in this article

www.thenorthernecho.co.uk/news/4288032.Airport_owner_reassures_concerned_passengers/

TheAOA is expected to predict an 18 per cent fall in profits prompted by a ten per cent reduction in passenger numbers.

David Bishop, the association’s head of policy, said: “Several airports are already making a loss and more will become loss-making as the year progresses. The financial situation is grim.”

Regional airports will be particularly badly affected, with Newcastle, Humberside and Exeter airports expecting falls of 19 per cent, 18 per cent and 24 per cent respectively, compared with 2007.

I think this relates to profits (I presume profit because having a falling loss would be a good thing). Passenger numbers fell by 9% so it can't be reffering to them

[pug]

I read that very article in a paper in Whitby today, it is comparing falls in pax figures with other airports, HUY included.

[Humberside]

If its passenger figures then the figure is seriously wrong since the CAA say it a 9% fall last year

[pug]

Media spin could be to blame, im not sure how they could get hold of a breakdown in profits from MAG? The only people quoted in the article were Peel people (namely Neil Pakey) and we know what they're like with spinning yarns to make things look better...

Anyone managed to get hold of the CAA provisional stats for March yet?

[Humberside]

This telegraph articles refers again to NCL/HUY/EXT saying the expect a passenger number fall of around 20% this year. I presume the original article I quoted was refering to this

Sadly an 18% fall in passenger numbers seems realistic
www.telegraph.co.uk/travel/travelnews/5170107/Tax-rise-threatens-UKs-regional-airports.html