London’s airports will always do well,they have the footfall.
Therein is the problem facing the likes of MME/DTV ,the population is just not there.
2 majorish airports within one hour of the airport can’t help. Yes I know the surface transport connections are not fantastic but neither is DTVs.Dont forget the passengers come from an area around the airport,not at the airport.
Look again at Sheffield, they have the potential passengers but no airport..they too are squeezed..but the economy there is still pretty robust despite the lack of a city airport?
Finally..back to the “buy out”. My understanding is that £35 million plus £5million for land was the sum agreed.
The monthly/yearly losses will have to be found from somewhere,be it 1 or 2 million.Who pays that!
Cant see any major airline players queuing up for 2019 or 2020.So that’s at least 2 years of losses to be covered?
Not saying it’s not going to happen..but I agree with others..it’s a long road ahead?