Doncaster Sheffield Airport going Bankrupt
 

Robin Hood Airport
going under
because "Whizz Air" has halted Flights


Was on Ch4HDnews





[The future of Doncaster Sheffield Airport (DSA)
has been thrown into doubt after bosses
said the business "may no longer be commercially viable".
DSA's owner, the Peel Group,
said a combination of the impact
of the coronavirus pandemic and
a shortfall in passenger numbers
had been exacerbated by the
announcement in June
that operator Wizz Air was quitting
the airport. Tui is now the sole carrier.

Chairman Robert Hough said:
"It is a critical time for aviation globally.
Despite pandemic related travel restrictions
slowly drawing to a close, we are still facing
ongoing obstacles and dynamic long-term
threats to the future of the aviation industry.

"The actions by Wizz to sacrifice its base
at Doncaster to shore up its business opportunities
at other bases in the South of England
are a significant blow for the airport."

Since the Peel Group acquired the site
in 1999 and converted it into an
international commercial airport,
which opened in 2005,
it said it had invested significant
amounts of money.

But it said, despite growth in
passenger numbers, DSA had
"never achieved the critical mass required
to become profitable".]

https://www.itv.com/news/calendar/20...umbers-plummet

at some point, the price crisis is going to apply to the airline industry, i'm surprised it hasn't hit already

ditch your airline shares now