Originally Posted by
Robert-Ryan
Airports like Newcastle can afford to rack up debt and loss like it's nobody's business knowing fine well they''ll still be around for decades to come.
Sounds like a strange business plan - and NCL returns a dividend from operating profits to it's owners most years?
Be interesting to see what the Mayor comes up with, but on first appearances it seems we are know back where we were when the LA's sold the airport to Peel in the first place - back in public control but without the money to develop it. Either one of the airport operator who have signed NDA's will be investing as well as operating the airport (Peel mk 2) or it's going to be more taxpayers money.