LEEDS -3
Join Date: Feb 2007
Location: Lancashire
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Surprised FR don't fly to Lille. They fly to every other airport unheard of to the public knowledge!
I think Lille is only known in this country for their football (soccer) team, especially after last Tuesday...
Godd to see BMI venturing into untapped markets. Good luck to them!
I think Lille is only known in this country for their football (soccer) team, especially after last Tuesday...
Godd to see BMI venturing into untapped markets. Good luck to them!
Cool Mod
Join Date: Apr 1998
Location: 18nm N of LGW
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LBIA.
If you take it upon yourself to place links on here to promote a large company I suggest you ask them to pay PPRuNe for the pleasure. We DO NOT allow free ads. PPRuNe relies on revenue from advertising to give you and thousands of others the use of PPRuNe for free.
You can now have a short rest to ponder that.
PPP
If you take it upon yourself to place links on here to promote a large company I suggest you ask them to pay PPRuNe for the pleasure. We DO NOT allow free ads. PPRuNe relies on revenue from advertising to give you and thousands of others the use of PPRuNe for free.
You can now have a short rest to ponder that.
PPP
Join Date: Dec 2005
Location: Leeds
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Can I make a plea on behalf of LBIA (the user, not the airport itself). I found that piece of information (Shaheen Air) extremely useful, icluding the link. I appreciate your commercial sensitivity but the link itself was of considerable use to me for non-commercial but still important purposes.
Join Date: Aug 2000
Location: Leeds
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bmi have 3 relatively low volume but very high yielding business routes to EDI, GLA and BRU which provide gainful employment in the morning, late afternoon and evenings for the Embraers. Using the downtime in between to operate leisure routes worked a few years ago but clearly doesn’t now given the developments in the low-cost market. Copenhagen and Lille will obviously not suffer from low-cost competition as much, but whether the routes prove attractive enough to the business market will remain to be seen. There has been zero “mass market” advertising of the Copenhagen route thus far which is either bmi adopting their usual telekinesis medium of promoting routes or they are working on corporate deals behind the scenes. Based on my personal connections with a large multi-national company for whom the LBA-LCY route should have been a shoe-in for a corporate deal, I suspect the telekinesis approach is being tried once again. If so, you are right to be pessimistic.
As we come back to time and time again, an airport like Leeds with a based regional arm of a star alliance carrier should be the perfect combo for FRA, MUC….blah blah blah. Slots, the influence of LH and no doubt other factors probably mean what you see at LBA is the inevitable result of where internal and external factors push them to. You cannot believe this is their first choice game plan
As for CDG, if PM had even the slightest whiff that the authorities at CDG were denying him slots such that a deal could be struck with AF, I’m sure we’d be hearing about it. The reason Jet2 aren’t doing more to CDG is either because (a) they don’t want to (b) they would like to, but they can’t fit it in with the summer schedule or (c) they do want to, they could fit it in, but they messed up the opportunity to get the bmi slots when they were handed back to the CDG slot-co-ordinators.
As we come back to time and time again, an airport like Leeds with a based regional arm of a star alliance carrier should be the perfect combo for FRA, MUC….blah blah blah. Slots, the influence of LH and no doubt other factors probably mean what you see at LBA is the inevitable result of where internal and external factors push them to. You cannot believe this is their first choice game plan
As for CDG, if PM had even the slightest whiff that the authorities at CDG were denying him slots such that a deal could be struck with AF, I’m sure we’d be hearing about it. The reason Jet2 aren’t doing more to CDG is either because (a) they don’t want to (b) they would like to, but they can’t fit it in with the summer schedule or (c) they do want to, they could fit it in, but they messed up the opportunity to get the bmi slots when they were handed back to the CDG slot-co-ordinators.
Join Date: Aug 2000
Location: Leeds
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From this morning's Yorkshire Post. Little in the way of new news really other than to confirm the final bids have been submitted and a hint that some of the previous bullishness about the price might have been a bit too bullish.
682
THE groups competing to buy Leeds Bradford Airport submitted their final bids last night ahead of its privatisation which is expected to be completed next month.
Up to five groups have made the shortlist but those close to the bidding process say it could be as few as three.
Those believed to have made the shortlist include private equity group Bridgepoint Capital and a consortium involving construction giant Balfour Beatty which bought Exeter Airport for £60m earlier this year.
While speculation has suggested the airport could fetch as much as £150m it is thought that it is more likely to be about £120m.
The airport, which celebrates its 75th anniversary this year and had almost 2.8 million passengers last year, is owned by Leeds, Bradford, Wakefield, Calderdale and Kirklees councils, with Leeds and Bradford each owning 40 per cent.
Richard Tollis, the aviation partner at accountancy firm Ernst & Young, who is leading the team handling the sale of Leeds Bradford for its local authority owners, said that a decision on a preferred bidder would be made at a meeting of representatives of the councils on April 4. Bidders will also have to outline their plans to develop the airport's services.Groups which have declared an interest include Regional and City Airports, part of Balfour Beatty's specialist airport investment and development group.
Another bidder is private equity group Bridgepoint Capital whose bid is being led by Sir Graham Hall, former chief executive of Yorkshire Electricity and the former non-executive chair- man of regional development agencies Yorkshire Forward and The Northern Way. Bridgepoint is being advised by merchant bank N M Rothschild, led by its Leeds managing director David Forbes, and law firm Addleshaw Goddard.
682
THE groups competing to buy Leeds Bradford Airport submitted their final bids last night ahead of its privatisation which is expected to be completed next month.
Up to five groups have made the shortlist but those close to the bidding process say it could be as few as three.
Those believed to have made the shortlist include private equity group Bridgepoint Capital and a consortium involving construction giant Balfour Beatty which bought Exeter Airport for £60m earlier this year.
While speculation has suggested the airport could fetch as much as £150m it is thought that it is more likely to be about £120m.
The airport, which celebrates its 75th anniversary this year and had almost 2.8 million passengers last year, is owned by Leeds, Bradford, Wakefield, Calderdale and Kirklees councils, with Leeds and Bradford each owning 40 per cent.
Richard Tollis, the aviation partner at accountancy firm Ernst & Young, who is leading the team handling the sale of Leeds Bradford for its local authority owners, said that a decision on a preferred bidder would be made at a meeting of representatives of the councils on April 4. Bidders will also have to outline their plans to develop the airport's services.Groups which have declared an interest include Regional and City Airports, part of Balfour Beatty's specialist airport investment and development group.
Another bidder is private equity group Bridgepoint Capital whose bid is being led by Sir Graham Hall, former chief executive of Yorkshire Electricity and the former non-executive chair- man of regional development agencies Yorkshire Forward and The Northern Way. Bridgepoint is being advised by merchant bank N M Rothschild, led by its Leeds managing director David Forbes, and law firm Addleshaw Goddard.
Join Date: Aug 2000
Location: Leeds
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Looks like the YP got scooped by The Times; much more specific info in this article and the price is back up by another 20 mil. GE Capital and "a local developer" are new names in the hat also. Does seem to be a distinct lack of experienced airport people though.
682
LONDON (AFX) - Construction firm Balfour Beatty PLC has teamed up with a French infrastructure fund to submit its final bid today for Leeds Bradford airport, The Times reported without naming sources.
The company has formed a joint venture with Galaxy, the European private equity fund specialising in infrastructure projects set up by the French state-owned bank Caisse des Dépôts et Consignations, to bid for the airport, which is now expected to sell for about 140 mln stg or 20 mln stg more than the original asking price, the Times reported.
The newspaper said that the five local authorities that own the northern regional airport have selected a handful of final bidders thought also to include GE Capital, the private equity firm Bridgepoint and a local developer. They have until today to submit final bids.
Balfour, which also tried and failed to buy London's City airport last year, bought Exeter City airport in October for 60 mln stg.
682
LONDON (AFX) - Construction firm Balfour Beatty PLC has teamed up with a French infrastructure fund to submit its final bid today for Leeds Bradford airport, The Times reported without naming sources.
The company has formed a joint venture with Galaxy, the European private equity fund specialising in infrastructure projects set up by the French state-owned bank Caisse des Dépôts et Consignations, to bid for the airport, which is now expected to sell for about 140 mln stg or 20 mln stg more than the original asking price, the Times reported.
The newspaper said that the five local authorities that own the northern regional airport have selected a handful of final bidders thought also to include GE Capital, the private equity firm Bridgepoint and a local developer. They have until today to submit final bids.
Balfour, which also tried and failed to buy London's City airport last year, bought Exeter City airport in October for 60 mln stg.
Join Date: Aug 2000
Location: Leeds
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Another established airport operator confirmed as having made a bid, which is encouraging.
682
Abertis bids for Leeds-Bradford airport
MADRID (Reuters) - Spanish infrastructure firm Abertis has made a bid for regional airport Leeds-Bradford, put up for sale by five local councils last November, sources close to the deal said on Wednesday.
The sources said the airport would cost between 175 and 200 million euros (120-137 million pounds), confirming a report in Wednesday's El Pais newspaper.
Abertis already runs three British airports, London Luton, Belfast International and Cardiff International, through its controlling stake in airport operator TBI.
British builder Balfour Beatty confirmed in January it was on a shortlist of bidders in an auction for the airport worth at least 120 million pounds.
Last week The Times said Balfour Beatty had teamed up with French state-owned financial institution Caisse des Depots et Consignations, to bid around 140 million pounds.
The move comes at a time of strong investor interest in UK airports. Newcastle, Bristol, Exeter and London City airport have all recently changed hands, while BAA, operator of Heathrow and Gatwick, was bought by Spanish group Ferrovial .
El Pais said the bids would be evaluated in April and May for the airport which increased passengers numbers to 2.6 million last year.
682
Abertis bids for Leeds-Bradford airport
MADRID (Reuters) - Spanish infrastructure firm Abertis has made a bid for regional airport Leeds-Bradford, put up for sale by five local councils last November, sources close to the deal said on Wednesday.
The sources said the airport would cost between 175 and 200 million euros (120-137 million pounds), confirming a report in Wednesday's El Pais newspaper.
Abertis already runs three British airports, London Luton, Belfast International and Cardiff International, through its controlling stake in airport operator TBI.
British builder Balfour Beatty confirmed in January it was on a shortlist of bidders in an auction for the airport worth at least 120 million pounds.
Last week The Times said Balfour Beatty had teamed up with French state-owned financial institution Caisse des Depots et Consignations, to bid around 140 million pounds.
The move comes at a time of strong investor interest in UK airports. Newcastle, Bristol, Exeter and London City airport have all recently changed hands, while BAA, operator of Heathrow and Gatwick, was bought by Spanish group Ferrovial .
El Pais said the bids would be evaluated in April and May for the airport which increased passengers numbers to 2.6 million last year.
Join Date: Mar 2007
Location: Norfolk but my Heart is still in Leeds
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Dubai
Hello Everyone I am new here on PPRUNE. I have been lurking, reading posts for a while. I saw on here that Sharheen Air are to do a Leeds/Bradford direct service.
I wondered if It would be flying via Dubai. So I Looked up the Dubai airport website and LBA is one of the Destinations on there.
Big T
I wondered if It would be flying via Dubai. So I Looked up the Dubai airport website and LBA is one of the Destinations on there.
Big T
Join Date: Aug 2000
Location: Leeds
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The five short-listed bidders for the airport are confirmed as follows:
ABN AMRO-infratstructure, with Faros Investment Partners, a specialist airport management company. This bidder has strategic support from the First Bus Group
Barclays Private Equity infrastructure with Churchill Airports, a specialist airport management company
Bridgepoint infrastructure fund
Regional City Airports led by Balfour Beatty, with infrastructure fund Galaxy and airport operators Koln Bonn and AerRianta
TBI
A preferred and reserve bidder will be chosen from the above list on Wednesday 4th April. The result will be communicated on the evening of 4th April as follows;
9:00pm - preferred and reserve bidder notified
9:30pm - airport staff told of the bidders
10:00pm - press release issued
682
ABN AMRO-infratstructure, with Faros Investment Partners, a specialist airport management company. This bidder has strategic support from the First Bus Group
Barclays Private Equity infrastructure with Churchill Airports, a specialist airport management company
Bridgepoint infrastructure fund
Regional City Airports led by Balfour Beatty, with infrastructure fund Galaxy and airport operators Koln Bonn and AerRianta
TBI
A preferred and reserve bidder will be chosen from the above list on Wednesday 4th April. The result will be communicated on the evening of 4th April as follows;
9:00pm - preferred and reserve bidder notified
9:30pm - airport staff told of the bidders
10:00pm - press release issued
682
Join Date: Dec 2004
Location: Barton Upon Humber
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Im intrigued as tow what the strategic support will be - could involve a minority shareholding or acting as a consultant?
And how come the announcement will be made late at night?
And how come the announcement will be made late at night?
