Almost immediately, freight and passenger business plummeted, and Prestwick ran at a loss for the rest of the year. Shortly after that, 50 staff lost their job. By autumn 2010, passenger business had fallen so much that another 120 staff had been made redundant... so much for Infratil’s forecasts.Read More »
Infratil’s results are out, and they don’t make happy reading for Manston, or Prestwick. I’m not an accountant, but the table of numbers doesn’t look pretty – click it to big it. INFRATIL AIRPORTS EUROPE Infratil’s two remaining European airports continued to experience very difficult trading conditions. Notwithstanding excellent cost control, losses grew as traffic continued to weaken. The airports …Read More »
An international travel hub could be created at Kent International Airport at Manston. The 25-year vision from KIA bosses at the former Battle of Britain airfield includes a complex to rival Luton and Stanstead, with passenger intake increasing from 16,000 a year at today’s figures to six million in 2033.
It foresees a second passenger terminal, an extension to the A299 Thanet Way - providing a direct route into the airport for freight and passenger traffic, and a railway station to serve the airport, which aims to take passengers from London St Pancras to Manston in 80 minutes. Two spots have been earmarked for the parkway station - at Cliffsend and the Lord of the Manor roundabout, which is the favoured spot.Read More »
Kent International Airport could be as busy as Glasgow Prestwick in five years, according to Manston’s new boss. The forecast comes just weeks after Infratil, the New Zealand investment company, bought the Thanet airport from the administrators of former owners PlaneStation for £17 million.
Infratil already owns Glasgow Prestwick which has seen a surge of growth in recent years, employing 500 people directly with a further 3,500 jobs related to the airport.Read More »