Originally Posted by
LTNman
A lease is agreed which includes a clause about guaranteed investment. This is basically what happened at Luton way back in 1994 in the days before Easyjet when Luton still had low passenger figures.
These are the two news reports on how maybe Southend Council should have acted. Seems to me that Southend Council got shafted.
https://www.youtube.com/watch?v=sOm4L8dSM5k
In that case it shows more about the ineptitude of Southend local government and the shrewdness of private enterprise. It also gave London a modern efficient and award winning airport.
As the airport develops no doubt the local authority will reap revenue as local authorities always do.