Package holiday giant Cosmos has this morning confirmed it has pulled the plug on its planned flights to the US from Thanet's Manston Airport. The tour giant, which promised to make the Thanet airport a major departure point for flights to the United States, has failed to sell enough seats both in the UK and US.
Manston Kent County Council is to spend £225,000 as a joint sponsor of a major cultural festival in America, it has emerged. The council has agreed to become a key financial backer of the Smithsonian Folklife Festival in Washington in 2007 as part of a drive to boost the number of American tourists coming to Kent. Council chiefs say the investment represents “value for money” and could eventually deliver a £50 million fillip to the county’s tourism industry.
Manston 
Steve FitzgeraldKent International Airport could be as busy as Glasgow Prestwick in five years, according to Manston’s new boss. The forecast comes just weeks after Infratil, the New Zealand investment company, bought the Thanet airport from the administrators of former owners PlaneStation for £17 million.
Infratil already owns Glasgow Prestwick which has seen a surge of growth in recent years, employing 500 people directly with a further 3,500 jobs related to the airport.
EUJet, MK Airlines, PlaneStation, Prestwick, Ryanair, Steven Fitzgerald Council chiefs have rejected claims that their decision to invest £100,000 of public money in EUJet was a gamble that backfired. Cllr Alex King (Con), Kent County Council’s cabinet member for regeneration and the man responsible, said he accepted the investment was high risk but claimed it had produced "a good return" for Kent by demonstrating that a budget airline could be viable from Manston.
KCC lost its £100,000 investment when EUJet faced financial problems. The authority subsequently agreed to put in an additional 15,000 Euros to provide "working capital" to PlaneStation, the company that owned Manston Airport but which recently went into administration.
Alex King, David Lewis, EUJet, KCC, Kings Hill, PlaneStation Manston Mystery surrounds the delay in appointing administrators to failed airline EUjet. While Grant Thornton partners are sorting out the financial affairs of PlaneStation, the airline’s parent company that collapsed with estimated debts of £22million, and subsidiary London Manston Airport Plc, EUjet is not subject to the same rules.
The Irish-registered operator, which was grounded last week with the loss of at least 127 jobs and left more than 5,000 passengers stranded, is still run by its directors, including chief executive P J McGoldrick. The airline is subject to Irish law and an "interim examiner" is understood to have been appointed but this person does not have the power of administrators.
Alex King, EUJet, KCC, Michael Grimes, P J McGoldrick, PlaneStation EUjet was a flawed business model that was bound to fail, according to an airline expert. The low-cost airline and its owner PlaneStation, which also owns Kent International Airport at Manston, crashed into administration on July 26 after the Bank of Scotland pulled the plug on PlaneStation’s credit line, thought to be around £25million.
The collapse left thousands of passengers stranded overseas, cost hundreds of jobs and cast a shadow over the longer-term viability of scheduled services operated out of Kent. It was also embarrassing to Kent County Council which had invested £100,000 in the fledgling airline to bring it to Manston.
Alex King, CAA, EUJet, Fail, KCC, Michael Grimes, P J McGoldrick, PlaneStation, Ryanair, Sandy Bruce-Lockhart Manston Kent is finally joined by air to the rest of Europe. EUjet’s new low cost services got off to a flying start yesterday when the first flight - a Fokker-100 - took off from Kent International Airport at Manston, at 6.15am for Dublin. It marked the start of a service that is set to boost east Kent and turn Kent at last into an aviation hub. It has already brought 300 new jobs to Thanet and there could be 100 more over the next 18 months.
Flights on day one were 75 per cent full, with more than 600 passengers flying to Amsterdam, Copenhagen, Dublin, Nice and Girona. A smaller number flew back to Manston, reflecting the lack of marketing effort by EUjet at the destination airports. By the end of the year, EUjet will be flying to 22 destinations including Prague, Madrid, Milan, Palma, Malaga, Turin, Edinburgh and Manchester.
Alex King, EUJet, Employment, Forecast, Jeff Kirkpatrick, KCC, Noise, P J McGoldrick, PlaneStation, Subsidy Manston 
