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Old 25th Jul 2018, 08:48
  #299 (permalink)  
The Old Fat One
 
Join Date: Jan 2008
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Even if we have no income for two months, we would be financially safe.
Utter nonsense. Nothing more than risibly simplistic corporate b/s. Why? Because if Heathrow had no income for two months, neither would any of the (European/UK) airlines flying in and out of Heathrow. And nobody on here - wherever they stand - would argue that many modern airlines could survive two months without income. So yeah, Heathrow might have the cashflow to survive two months, but at the end of that period, it would have a massively reduced customer base and much less income to recover with. Pretty much the sort of statement that CEOs make all the time...24 months ago Carillions Directors (and their auditors) were spouting this sort of guff. I am constantly amazed that people actually buy it.
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