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http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment Julian Bray provides: Opinion, comment, forward thinking speculation, keynote presentations and workshops for corporate organisations on Travel, Cruise & Aviation: conflict zones, terrorist impact, drone (UAV) issues, safety (black boxes, emergencies), airline operations, aviation finance, political implications, and all forms of incident risk. He operated at board level with several airline and aviation groups, including Alitalia, British Island Airways, British Airways, Galileo , British Aerospace, Skyways, former CEO City firm Leadenhall Assoc. Founder CNS City News Service. Director NTN Television News (joint co. with ITV Wales TWW) Debretts People 2017 and in launch edition of PRWeek Black Book. Journalist and Broadcaster. After-dinner speaker and presenter.

Direct links to a selection of television and radio contributions can be found at foot of this page. Scroll down. Join the conversation here or on Twitter at @aviationcomment

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Monday, 30 January 2017

The £1 Glasgow Prestwick Airport now over £19million in the red .Hopes pinned on US Fuel Contract but that could now change post Trump....




Glasgow Prestwick Airport is facing a huge loss of more than £9m last year,  according end of year accounts filed by TS Prestwick Holdco Limited - the holding company set up by the Scottish government to acquire the airport for £1 from the previous owners Infratil in 2013.  The airport made a pre-tax loss of £9.2m 2015-16 - an increase on  the £8.9m loss for the previous year. The bailout using public funds could top £40million by 2018.

Ryanair is the only scheduled airline flying to and from Prestwick, and is likely to further cut back as the airline regroups post-brexit from European hubs.


The continuing loss and possible closure of Prestwick, if losses cannot be continued by the new management could pose a problem for US President Donald Trump  (and his family who now run the Trump Scottish hotels and golfing concerns). The moving of the Open Golf tournament to non-trump owned course also affected Prestwick air traffic and hampered expansion. Only 17 routes to five countries were scheduled in 2015-2016.



Julian Bray Aviation Analyst added: 'In a statement the airport seems to be pinning hopes on securing a lucrative US government fuel contract in financial year ending 31 March 2017. However with President Trump in the White House, this is no longer a certainty as White House policy so far in the form of executive orders seems to favour domestic policy.


"Unless the Scottish Government can increase use of the facilities possibly by tax breaks and  much increased freight traffic, the future looks bleak in the short to medium term." One idea that Director Ron Smith might like to urgently consider is moving his plush corporate office out of Buchanan House, Port Dundas Road, Glasgow G4 and back on-site to the airport in Prestwick, especially if he is seeking to expand the unique heavy lift cargo potential of the airport," he added.




Buchanan House


58 Port Dundas Road


Glasgow G4 0HF


22 December 2016













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