Guernsey Airport Business Plan 2018-2022
24th July 2018Guernsey Airport is setting out its future vision with a new business plan that sets out priorities to increase passenger numbers, cut costs, and boost financial revenue for Bailiwick taxpayers. Guernsey Airport is a key lifeline asset for the Bailiwick, a significant economic enabler and an asset for the Bailiwick’s economy. It’s expected to run on a commercial basis and this business plan will shape its priorities and investment over the next five years with four key objectives, which Guernsey Airport wants to achieve by the end of 2019:
- Increase passenger numbers to at least 855,000 per year.
- Increase non-aeronautical revenue to £3.8 million pounds.
- Commission a property utilisation plan.
- Reduce Guernsey Airport’s operating costs from 2017 levels by £340,000.
Guernsey Airport is committed to boosting the amount of passengers that go through the facility every year. The recent States of Deliberation vote on allowing an open skies policy except on the London Gatwick and Alderney routes has opened up new opportunities. The Airport will be looking at minimising operational costs, reducing the reliance on revenue from aircraft, passenger charges, and other aviation activity as a high priority.
A separate business plan will be published later for Alderney Airport.
The General Manager of Ports Colin Le Ray said:
“This new business plan for Guernsey Airport gives all staff across the organisation a key role to play in delivering more financial revenue, but also improve the experiences of customers who use the airport. We want to increase the amount of commercial and private passenger traffic coming through the airport, which will result in a more sustainable operation for the long-term benefit of the island. By working proactively with all our partners we want to make air travel sustainable, encourage new destinations with a new route discount policy setup to help carriers.”
Mr Le Ray added:
“Guernsey Airport wants to play its part in making air travel affordable for all islanders and tourists and we recognise that increasing charges on air travel is a deterrent to growing traffic. The Airport will be rigorous in looking to reduce costs and the financial risks of operating the facility. We also want embrace new technologies, eliminate duplication and waste, and streamline processes for capital spending and operational initiatives. Expanding staff collaboration and synergies with Guernsey Harbours as well is already proving effective and we want to continue to develop those efficiencies.”
The plan can be viewed here.
Picture credit: Guernsey Airport