Robin Hood airport losing £1 m a month

It was revealed last week that South Yorkshire’s Robin Hood airport is losing approximately £1 m a month with politicians being urged to lend their support.

Airport officials are blaming the losses on a series of short-term hard hitting financial obstacles such as tax, fuel and security increases. Despite the momentous losses airport business leaders have expressed confidence that it is a temporary hitch, emphasising that whilst the airport is not making any money yet it is going in the right direction.

Nick Pakey, deputy chief of the Peel Group, who own a number of the country’s major airports, explained that because of huge investments early on in the airport’s development it would not be expected that the airport would be making money at this stage. That said, however, he did add that the current financial climate has hit the business hard and that the financial situation is worse than was originally predicted.

The Peel Group has invested £100 million in developing the regional airport and with over a million passengers a year they are confident that it has the potential for further growth. Over the last three years Robin Hood has become a busy regional airport and an important asset for Doncaster, providing services to over 40 destinations around the world. The airport recently received a further £10 million in Objective One Funding which is being used to develop industrial units at the airport’s business park. In addition, three business directors have been recruited to help the airport through the financial difficulties, with two directors specifically employed to develop the airline and cargo markets.

Robin Hood airport celebrates third birthday

Robin Hood airport in Doncaster today celebrates its third birthday, marking the success of the airport as a gateway to the region and the rest of the world. Since 2005, the airport has grown at a rapid pace and, just three years on, it now serves 50 airports around the world (compared to just 17 in 2005) and can expect to handle at least a million passengers per year. The airport serves a range of both established and upcoming holiday destinations and significantly, it is the only airport in the area which offers flights to the emerging Polish destinations of Wroclaw, Poznan, Gdansk, Katowice and Warsaw.

Formerly the base for RAF Finningley, Robin Hood airport is one of the fastest growing airports in the country, well ahead of other more established regional airports. Since opening as a commercial airport, it has been used by 2.9 million passengers with an increase of almost 13% in use over the last year.

Over the past three years, the airport has also been central in improving economic growth to Doncaster and the surrounding area. According to Nick Smillie, Sales Director based at Robin Hood, the airport “is key to attracting inward investment and tourism growth, as well as serving business and leisure travellers from the region.” He continues, “our objective now is to build on this success by delivering further growth, including more routes to popular international destinations.”