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Waterford Airport.

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  • Registered Users Posts: 417 ✭✭Valhalla90


    What’s the delay ?



  • Registered Users Posts: 413 ✭✭invara


    The real unit of air travel is the aeroplane routes, not the single passenger.

    For everyone in this thread who likes sums.... new 737s have 189 seats, they used to have around 160 (similar to Airbus). A plane landing or departing is 378. One of these a day for a year is 138k passengers (if all full), and two flights everyday tumble out at 276k passangers. We know there is a market for the Waterford to London route, perhaps one other regional UK route. The next step up is a summer route, and one to an international hub (Paris, Amsterdam

    Knock currently has Aer Lingus London–Gatwick (ends 25 March 2023 replaced with London–Heathrow) and Ryanair Bergamo, Birmingham, Bristol, East Midlands, Edinburgh, Liverpool, London–Luton, London–Stansted, Málaga, Manchester, and season routes to Alicante, Cologne/Bonn, Faro, Girona,[Lanzarote and Palma de Mallorca . All these routes were slowly built up over two decades, they are broadly profitable or they would be cut- Ryanair and Aer Lingus are lean enterprises.

    Of course, not all planes are full, but airlines, particularly low-cost ones are good at high-load capacities. Nor do they travel every day on every route.

    If Knock and Kerry can do it, with their low-density population hinterland, Waterford certainly looks like a winner. The trouble is, Cork and Dublin with all their political might understand that it could eat into their airports. Look at Simon Covney's twitter feed if you wish to see how close he is to Cork airport issues.



  • Registered Users Posts: 5,172 ✭✭✭hardybuck


    There's nothing really stopping the Comers from cracking on with this is there?



  • Registered Users Posts: 1,526 ✭✭✭914


    Not that I can think of. The question once again is, are they serious?, were they ever serious? and what is in it for them?

    There is zero return in a regional airport so very hard to see them getting any return on their investment unless they had other interests in Waterford that would benefit off the back of a commerical operating runway.

    I presume government funding would be the only thing stopping them as the plan always seemed to be private investment plus government funding.



  • Registered Users Posts: 68,798 ✭✭✭✭L1011


    No airline will commit before the runway exists.



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  • Registered Users Posts: 4,024 ✭✭✭Cosmo Kramer


    If Waterford is such a winner you'd think it would have at least one or two routes at present operated by the likes of Aer Lingus Regional, who could operate from the current facility right now if they wanted to? An extended runway might pull in a couple of Ryanair routes, but that's about it. And that would require significant ongoing government funding just to keep the doors open.



  • Registered Users Posts: 413 ✭✭invara


    Aer Lingus regional only runs on PSOs outside Dublin as far as I know, and uses them to feed UK 2nd string airports into the transatlantic business. The numbers for ATRs do not stack up in Kerry, Cork, Shannon or Knock- razor-tight margins that flop into losses too easily which is why the whole sub-737 scale roots are so unstable. Using Wikipedia here: https://en.wikipedia.org/wiki/Aer_Lingus_Regional

    Worth looking at this recent presser from Aer Lingus https://mediacentre.aerlingus.com/pressrelease/details/108/13619 the model is that loss-making (or tight margin) ATRs feed lucrative transatlantic.

    All Irish airports are on the Government teet, we are an island and if we want vibrant economies, FDI and tourism, we need to ensure connectivity. Look at the rumoured loss of the Amgen/Horizon investment in Waterford at the weekend. Airports running costs are small beer compared to the defused economic gains in the region of connectivity.



  • Registered Users Posts: 4,024 ✭✭✭Cosmo Kramer


    They fly from Belfast City and Cork also. If there isn't even scope for an airline to operate a turboprop on a W route to serve Waterford from a London airport I really don't see how extending the runway is somehow going to turn the place into the next Knock.



  • Registered Users Posts: 68,798 ✭✭✭✭L1011


    Aer Lingus Regional has one single PSO, and also operates (many) routes from Belfast and shortly one from Cork also that do not touch Dublin.

    The current franchiser has already exceeded the peak scale of the former one, so they are very willing to operate routes

    If they felt there was sufficient demand at suitable price to make Waterford to London/Birmingham/Manchester (the three most viable routes by far) work they'd be on it already



  • Registered Users Posts: 1,526 ✭✭✭914


    Waterford to London at 7am or 7.30 am flight with a return evening flight at 19.00 or 19.30 would work, but the issue with this is you require to base an aircraft which pushes up the cost in running such a service as you need flight crew, cabin crew and engineering based in Waterford, too much overhead.

    As the poster above says, aer lingus regional operate Dublin, cork and Belfast where they would already have access to flight crews, cabin crews and engineering services which makes them a more attractive offering.

    A drop in service could work but would mean a 10am or 11am flight which means you miss the business travel.

    To base an aircraft you could manage a 14.00 or 15.00 flight also but that requires having 3 x flight crew, cabin crew and engineers as you would need two shifts working and one shift on rest.

    It's fairly costly in basing an aircraft and then if there is an issue with a plane you have no back up based there so then it's ship passengers off to Dublin or cork where as being based in Dublin or cork they could offer passages flights on another airline.



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  • Registered Users Posts: 4,024 ✭✭✭Cosmo Kramer


    I can't see any prospect of an airline basing an aircraft at Waterford with or without a runway extension. If the runway ever did get done any services would be Ryanair routes served from other bases, so limited opportunity for business travel anyway. Absolute best case scenario would be a flight back to a London airport at around 8/8:30am, but more likely it would be lunchtime or mid afternoon services to a regional airport like Waterford.



  • Registered Users Posts: 417 ✭✭Valhalla90


    More money for the regional airports given today. WAT obviously not included, this is becoming another farce at this stage. All the TDs very silent on the airport issue. Maybe we should set up a go fund me it might be faster in getting something delivered.



  • Registered Users Posts: 1,526 ✭✭✭914


    All funding to these airports are based on having commerical flights, until we see a commerical airline we won't get any of this funding.

    I think the bigger question is, where is the funding plan that was due to be submitted to government from the airport?



  • Registered Users Posts: 1,526 ✭✭✭914


    This reminds me of the time halligan and all the other SE independents visited the airport many moons ago, and here we still are.



  • Registered Users Posts: 417 ✭✭Valhalla90


    It’s now or never in regards to the airport. No shortage of money it seems. Hopefully no interference from Cork politics!



  • Registered Users Posts: 5,172 ✭✭✭hardybuck


    I'd say there's probably more chance of that starting next summer than this summer.

    It's taken a very long time for the Airport to submit their business case (it must be fairly complex stuff), and someone is going to have to assess that before it goes anywhere near Government for approval. You might get that agreement before the TDs take their summer break in July, or maybe it's something that gets agreement around Budget time in September.

    If it is approved (I'd be surprised if it didn't) then I'm sure the Airport will also have to go out looking for contractors and all that will entail.



  • Registered Users Posts: 1,018 ✭✭✭azimuth17


    I understand that for it to be approved it has to be brought by Minister for Transport Eamonn Ryan to cabinet. Resistance in that quarter hence business plan has had to go through many iterations. It would be no surprise to anyone that Mr Ryan is not an aviation fan with all that implies for the Waterford project. Mr O Cathasaigh TD and Green Party whip has hardly been vocal in his support?



  • Registered Users Posts: 3,492 ✭✭✭Masala


    The BIG question is..... have WAT the cash in the bank to start?? I reckon they will need €7m-€8m ready to show the Gov before the latter will release their funds. A bit of Chicken and Egg here.

    Have the Comer Bros actually invested yet.... monies paid over etc??? Its gone VERY quiet...



  • Registered Users Posts: 417 ✭✭Valhalla90


    O Cathasaigh has said he won’t support until he has seen the business plan! No suprise here as he is more concerned about cycle lanes in Cork than anything Waterford related. Such a poor performing TD. Can’t see him holding onto his seat next GE.



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  • Registered Users Posts: 29,417 ✭✭✭✭Wanderer78




  • Registered Users Posts: 5,172 ✭✭✭hardybuck


    Ah now, that's a bit unfair. How could you support something before you'd seen the business plan?



  • Registered Users Posts: 282 ✭✭curmudgeonly


    This quote is on the money, it is the actual situation atm, everything else is just conjecture.



  • Registered Users Posts: 2,777 ✭✭✭Bards


    .. And 10bn euro of a government surplus this year rising to 26 billion in the next year or two... And all we need is 5 lousy million of our own money to be invested... Because of delays the costs keep going up due to inflation so it is now nearer to 12 million they need from government



  • Registered Users Posts: 5,172 ✭✭✭hardybuck


    No offence, but there is a stench of 2007 off this post.

    You're right in the sense that there are these surpluses at the moment, but that doesn't mean that you can have a free for all either. It's absolutely appropriate for a private company to be asked to submit a robust business case, which is analysed properly, before they can get access to millions of Euro of public money. Imagine how annoyed we'd all be if the proper due diligence didn't take place and the who thing went belly up.

    As another poster pointed out, have the Comers actually got the ambition to follow through on this? They're going to need to make money out of this too if it's going to happen.

    I also think that a lot of people are stuck on a default setting which involves moaning about everything and blaming the Government about everything. I think it's a very long time since people in Waterford had so much to look forward to, there are so many tangible signs of progress in recent years which are often overlooked.



  • Registered Users Posts: 2,777 ✭✭✭Bards


    .. No problem giving every Tom dick and Harry newcomer 36 million euro a week though.. It's BS.. This is a one off capital investment and not OPEX expenditure..



  • Registered Users Posts: 1,018 ✭✭✭azimuth17




  • Registered Users Posts: 5,172 ✭✭✭hardybuck


    He's your local representative in Dail Eireann. The Councillors are your local politicians.



  • Registered Users Posts: 4,024 ✭✭✭Cosmo Kramer


    Whatever the initial costs of putting the infrastructure in place would be, it's fairly safe to assume that the ongoing costs to maintain operations in future would be many multiples of that. Just look at the amounts that are paid out to the other regional airports annually.



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  • Registered Users Posts: 282 ✭✭curmudgeonly


    The money will be closer to 10 million, but it is very small money in the amounts being spent by the Government. You would have to ask with elections not to far away will the sitting and aspiring TD's be prepared to say no for small beans but with huge potential downside politically to a negative from the Government?



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