Recent Posts

Pages: 1 2 [3] 4 5 ... 10
21
well looking at my summary at the start of this topic if the current and next years income matches 2016's £550k ish excluding legacies (who is likely to leave a legacy that is going to be frittered away on wages and a few overheads now?), even if the Trust has slashed the expenditure from the £850k of 2016 by 75% that would only leave around £300k surplus and that's assuming donations have stayed the same (I bet they have dropped).
So unless they get an investor at £300k a year that's going to take 10 years to get the £3 million to build this new interim hangar so surely they might as well wait and go straight to ETNA in 10 years time and save the money.

I really don't see how this hangar is going to happen at all I'm afraid, somebody please convince me I'm wrong.
22
Ways To Raise Funding / Re: Comments on the new hangar plans!
« Last post by minty4371 on December 23, 2017, 10:29:13 AM »
This from the newsletter.
"Now that planning permission has been secured, exciting but challenging developments are ahead as we raise the financial backing for the hangar development, but as ever, with the support of an enthusiastic volunteer and supporter base, we remain most positive. We are presently planning 2018 and beyond in the expectation of a very bright future for aviation heritage and engineering inspiration."
https://mxm.mxmfb.com/rsps/m/eGhtN-5W9XiCq03l86TFx8vqABj-DIm8QstU6jBSQIU

Link to newspaper article.
https://www.doncasterfreepress.co.uk/news/green-light-for-vulcan-bomber-tourist-attraction-proposals-near-doncaster-airport-1-8923625
23
Ways To Raise Funding / Re: Comments on the new hangar plans!
« Last post by ADI on December 22, 2017, 10:36:17 PM »
the trust are only interested in money. pitty they don't read there forum to see the supporters concerns are, it might be worth a few more quid for them  >:(
25
Ways To Raise Funding / Re: Funding the new hangar - how?
« Last post by minty4371 on December 22, 2017, 05:32:38 PM »
This from today's newsletter.
"Now that planning permission has been secured, exciting but challenging developments are ahead as we raise the financial backing for the hangar development, but as ever, with the support of an enthusiastic volunteer and supporter base, we remain most positive. We are presently planning 2018 and beyond in the expectation of a very bright future for aviation heritage and engineering inspiration."
https://mxm.mxmfb.com/rsps/m/eGhtN-5W9XiCq03l86TFx8vqABj-DIm8QstU6jBSQIU
26
Ways To Raise Funding / Re: Funding the new hangar - how?
« Last post by minty4371 on December 22, 2017, 02:21:55 PM »
Thank you Andy.
Will wait for the newsletter tonight for possible further news.
27
Ways To Raise Funding / Re: Funding the new hangar - how?
« Last post by dee on December 22, 2017, 10:01:06 AM »
All very well put Andy.
28
Ways To Raise Funding / Re: Funding the new hangar - how?
« Last post by sickbag_andy on December 22, 2017, 08:17:49 AM »
Permission has been GRANTED today for the hangar.
http://planning.doncaster.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=OW61G9FXJRD00

I think that was to be expected so does it change the situation much?

Will a site with planning permission be any more attractive to a prospective investor?  - possibly but also possibly a predatory one who foresees the Trust not having the funds for lease costs before very long and thus gains a complete hangar in a fairly short space of time.

and Richard Clarke in that statement quoted by Minty on October 12th said(re-quoting):
"Vulcan to the Sky Trust spokesman Richard Clarke said the scheme would not be able to move forwards until an investor was in place, and the trust was currently actively looking for that investor.

The trust is also currently raising funds from the public towards the costs.

He said: "We would like to think when planning permission comes forward we could move forward as soon as possible. That is the aspiration and we wanted to start the ball rolling by putting the planning application in..

"We would like to be looking at starting next year, but it is difficult to put a date on it.."


so nothing happens before
1: they find an investor, - that's apparently not proving easy so no movement on that front for now?

2:currently raising funds from the public towards costs - expect a massive campaign soon - 'we need your money NOW or 558 will be stuck outside for years' and an unstated aim 'more importantly we have salaries to pay'

3: planning permission is now granted so a bit like Brexit the clock is ticking. Planning approvals normally have a time limit before commencement of 5 years so maybe it would actually have been better to wait until they have an investor rather than watching the clock tick down and after 5 years with no investor the money spent on the application will be wasted.
They could of course turn the first sod (which sod would you prefer?) and claim it's started. Just imagine the PR opportunity there, great fanfare and sell tickets to come and watch that sod turning at £200 a time while the breeze wafts across the sewage works bringing that sweet smell of success with it while 558 coughs her guts up in the background! And afterwards leave it until the money materialises and the 'cum volare porcos' aerobatic team perform that inaugural display over the new hangar!

4: an aspiration but for 2018 to be realistic they should have had an investor on board by now, the planning (project planning that is), detailed design and contracts between trust and investor have to be finalised and then find a suitable contractor to build it, and I don't think this guy would be suitable: https://www.youtube.com/watch?v=O4X_bdJox8w
so apart from having permission to build they really aren't that much further forward.

5: i.e.  the unstated 5: in the meantime they need to find an even more generous investor for ETNA and raise their own funds for that so how is that progressing, if at all?

I'm afraid I just can't be optomistic re 558 being under permanent fixed cover by January 1st 2019 and it's all a great shame, a case of not cutting one's coat according to one's cloth unfortunately.
So sad and may I suggest naive as well.
29
Ways To Raise Funding / Re: Comments on the new hangar plans!
« Last post by StAthan lecky on December 21, 2017, 11:05:15 PM »
Perhaps the Trust would like to take a leaf out of "The Peoples Mosquito" news letter that has just been published and I quote


A key pillar of our existence is to be honest to the public on funds raised and monies allocated.


The TPM board remain fully committed to this policy of open and transparent reporting of all our activities, and always willing to answer any question on our accounts.


I live in hope ::)

Mike
30
Ways To Raise Funding / Re: Comments on the new hangar plans!
« Last post by StAthan lecky on December 21, 2017, 10:59:14 PM »
Won’t be long before the begging bowls are out again - ‘oh joy, we have the planning for the Hanger now give us yer money so we can build it!!!’

now give us yer money so we can build it!!!’ I think you got that bit wrongJax ! it should read "now give us yer money so we can squander it "!!!’ >:(

Mike
Pages: 1 2 [3] 4 5 ... 10