Report on the best airfield for Peel airports to takeover.

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VA103: BUSINESS OPERATIONS AT AIRPORTS

AEROTECH

9 Katrina Close

Norwich

NR9 3HE

CONFIDENTIAL

FOR:              PEEL HOLDINGS                        REF:    M301958

                                                                                                               

FROM:    AEROTECH                                DATE:  05/03/04  

REPORT ON THE BEST AIRFIELD FOR PEEL AIRPORTS TO TAKEOVER

This report is for Peel Holdings Plc and details UK airports that have the best commercial and development potential.  It was produced by Aerotech, a small consultancy business from Norwich.

CONTENTS

1.  EXECUTIVE SUMMARY

2.  SEARCH RATIONALE

3.  SELECTION RATIONAL

4.  S.W.O.T. ANALYSIS

5.  P.E.S.T. ANALYSIS

6.  CONCLUSIONS

7.  RECOMMENDATIONS

8.  NOTES

9.  REFERENCES        

         

1.  EXECUTIVE SUMMARY

Peel Holdings Plc is a UK Property and Transport company that was founded in 1920.  The company assets exceed two billion pounds and are divided amongst:

  • Peel Airports
  • Peel Ports
  • Peel Land and Property
  • The Trafford Centre

Peel Airports was formed in 1997 and currently operates four aerodromes.  The company owns Liverpool John Lennon airport which is a fast growing regional airport serving over three million passengers per year and has a 75% share in Teesside airport which is being modernized to attract more business.  Peel Airports also have a 50% share in Sheffield City airport which is a general aviation airport and heliport and are converting Doncaster Finngley from an RAF base into a commercial airport which will open in 2005.        

Peel Airports wish to take over operations or form a partnership with operators at another UK aerodrome.  Therefore Aerotech was employed to analyse the commercial and development potential of UK aerodromes in order to recommend the best site to Peel Airports.

2.  SEARCH RATIONAL

Aerotech believe that eastern England is the best region to find a suitable aerodrome because it outside the Peel Holding’s existing stronghold in northern England and in an area where there is a potential market.  Furthermore the Government have recognised the need for greater runway capacity in south east of England and the Department for Transport have identified Alconbury airfield as a potential site for development.  Having investigated the matter Aerotech has identified:

  • Norwich airport
  • Cambridge airport
  • Alconbury airfield

2.1 Norwich Airport

Norwich Airport location map

Norwich airport is located four miles north of Norwich which is in East Anglia.  The airfield was originally known as Horsham St Faith and was built before world war two, during which it became a USAF base and had three concrete runways constructed.  After the war the RAF remained in control until it became a civil airport in 1967.  An industrial estate, retail park and housing estate have been developed in place of the air force base to the south of the airfield.    

Norwich airport provides regional services around the UK and uses Amsterdam airport as a Hub for International flights.  Some scheduled and charter airline operations include KLMuk and Britannia Airways.  The airport is used as the base for the area Police Helicopter, Air Ambulance and some North Sea offshore operations and it is home to general aviation flying clubs too.  KLMuk have their engineering base at Norwich airport and also conduct pilot training there.  Several hangers are available for aircraft storage and the company Sprayair have an aircraft spraying terminal based at the airport.

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An 80% share of Norwich airport has recently been privatised, with the local authorities retaining a 20% share.  The airport has a large potential market from East Anglia and has good accessibility by road and ample parking.  There are regular bus services and taxis to Norwich and surrounding areas including Thorpe railway station.  The airport has modern passenger and cargo terminals with short check-in times, a business lounge and onsite accommodation.    

The airport is outside controlled airspace and has two runways capable of taking aircraft up to the size of Boeing 757 aircraft operating under ...

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