PPRuNe Forums - View Single Post - EC notice on BREXIT issued, licenses/certificates invalid
Old 25th Jul 2018, 02:02
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highcirrus
 
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Maybe Heathrow's boss, John Holland-Kaye, has shaken off the "project fear" nonsense and is adopting a measure of realism. Financial Times (paywall) today:

Heathrow raises £1bn debt as it prepares for Brexit. Chief executive John Holland-Kaye say this was equivalent to two full years' funding.
"That gives us a level of financial resilience that means we're well protected in case of whatever worst-case scenario we can envisage (even though we expect) something close to continuity through a Brexit agreement. Our funding levels mean we are protected. Even if we have no income for two months, we would be financially safe."
I do hope that his optimism is not misplaced and will our "government" also get round to realistically considering the effect of post hard brexit LHR shutdown, or does the former Foreign Secretary's considered view, "f**k business" still hold sway?
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