Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Planestation (Ex Wiggins Group plc) (PTG)     

Socrates - 10 Jan 2004 10:34

Time now for all us Wiggins watchers to move with the times and start using Planestation, the new company identity. The name Wiggins Group plc has now disappeared from the database at Companies House and Planestation is now listed on the LSE website.

So fellow travellers, forget Wiggins, the name of the game is now PLANESTATION. Lets hope it goes like an express train.

jj50 - 11 Aug 2004 08:58 - 751 of 1086

Let's hope so hotrott.


Opto, I agree the bit about the Airbus seems odd. I have double checked and it is copied verbatim. To me,it implies Heathrow and Gatwick do not have a runway wide enough to cope with the Airbus 380 but might it actually mean that there is insufficient capacity for training purposes, which would seem the more likely scenario? Seems hard to believe our major airports can't cope with the new aircraft.

optomistic - 11 Aug 2004 09:06 - 752 of 1086

jj. Depends who wrote the article and his information source, it does seem a bit unlikely that the runways would not be accept the 380. In the meantime the post in general looks very positive.

jj50 - 11 Aug 2004 09:24 - 753 of 1086

Edmond Jackson wrote the article - sorry thought that was clear, my mistake

optomistic - 11 Aug 2004 09:31 - 754 of 1086

You probably did make it clear jj. sometimes I miss bits :-)

55011 - 11 Aug 2004 12:33 - 755 of 1086

Seems a bit odd to train pilots on A380 while no UK airports can handle the craft. Doesn't seem quite right to me.

jj50 - 11 Aug 2004 13:15 - 756 of 1086

Didn't exactly say "no UK airports" 55011, it said "the only runway in the South East wide enough"! :-)

tipton11 - 11 Aug 2004 15:03 - 757 of 1086

Isn't it more likely that HR & Gatwick are too busy for the 380 and or very much more expensive

jj50 - 11 Aug 2004 15:38 - 758 of 1086

Have sent an e-mail to PTG today asking for clarification, so see if we get a response.

eurofox - 12 Aug 2004 11:47 - 759 of 1086

prepare for lift-off again - that's what happen after a series of large transactions last time - the peeps must have sold off enough in small bits over a long time to start the whole process again - bid up, 3 v 1 - all IMO

optomistic - 12 Aug 2004 12:08 - 760 of 1086

Certainly is a lot of shares moving around this AM.

food - 12 Aug 2004 14:31 - 761 of 1086

can anybody tell when the ptg warrents expire

Socrates - 12 Aug 2004 17:59 - 762 of 1086

OK folk, I don't want to get technical but rest assured that an airfield has to have more than just an adequate runway to be A380 capable. A Code "F" airport is required and there are aspects of weight bearing capacity, width of taxyways, clearance from obstruction distances etc., etc., etc.

If you are really interested, and sad to boot, have a read of this. Once you have read it you will see why I have not attempted to summarise it. Happy reading.

http://www.caa.co.uk/docs/33/NTL200302.PDF

stocksnerd - 12 Aug 2004 19:44 - 763 of 1086

food,

They had a seven year life when issued in Jan / Feb this year. Very good value at the moment I.M.H.O..

Al

optomistic - 12 Aug 2004 20:08 - 764 of 1086

Socrates.
How kind of you to give us something to pass our time with this evening!
It will certainly take our mind of sherry trifle and creme de menthe for a while.
If Manston is classified as code 'F' and Heathrow and Stansted and perhaps others are code 'E' then the 'others' will be placed under a great deal of financial liability to upgrade to code 'F'. This is as you are no doubt aware is not something that can be rubber stamped and put through on the nod.
The runway width is critical not only for the primary safety of the aircraft and passengers through deviation of directional control on take off and landing, particularly landing, a very rare occurance but something that has to be considered.
A secondary consideration is the jet blast effect if it is directed onto loose or grass surface, from these engines it can be davastating to say the least. If airports have to widen their runways to to eliminate this problem they will have to commence widening and strengthening for wide undercarriage load bearing without undue delay because it will be quite a logistical task considering the traffic flow at the major airports.
If Manston is classified as code 'F' we have a very distinct advantage. Let us hope it is used to the full.
Have a pint of CDM
opto

food - 13 Aug 2004 07:42 - 765 of 1086

thanks stocksnerd i think i'll dip in

optomistic - 13 Aug 2004 16:12 - 766 of 1086

Nice amount of blue showing today.

tipton11 - 13 Aug 2004 17:26 - 767 of 1086

nice amount of blue certainly, however if a wide enough runway is so rare can anyone tell me why are the airlines buying 380's

optomistic - 13 Aug 2004 20:13 - 768 of 1086

tipton11.
That is just part of the mystery, firstly it would be useful to have a list of airfields having code 'F' and 'E' runways. Then of course it would help to know which airlines are buying A380's and where they intend to operate them too/from. Perhaps yourself or indeed anyone else can provide this information, or some of it, and we can then begin to work things out. Certainly on the information we have so far it does look favourable for Manston in the South East of England.
Regards
opto

eddiedocherty - 14 Aug 2004 01:45 - 769 of 1086


Another Hargreaves lansdown note has said to consider PTG a BUY.

https://www.h-l.co.uk/live/newsletters/PSPJUL04.pdf

Good Luck
Eddie

Socrates - 14 Aug 2004 11:36 - 770 of 1086

optomistic
You only had to ask! Current A380 sales are as follows:

10 Air France
43 Emirates
10 Federal Express
10 Intl Lease Finance
05 Korean Air Lines
15 Lufthansa
06 Penerbangan Malaysia
12 Quantas
02 Qatar
10 Singapore Airlines
06 Virgin Atlantic

Total to date 129.

Operational use will come later as airlines announce their intentions.

The Federal Express buy is interesting. Clearly the first thing that springs to mind would be long haul freight. However, if they currently have to do two 747 runs to a medium haul or even short haul destination because of the weight to be shifted. they might well consider one load on an A380. Max on a 747 is circa 100 tonnes, max on an A380 circa 150 tonnes.

If the economics are good I think we might expect to see Fedex buy some more A380s, especially if they have a cost advantage and use it to generate more freight contracts.

Would they fly to Manston? It would depend on the economics, costs, turnround time etc.

Register now or login to post to this thread.