I am beginning to wonder if the new infrastructure at Southend in the last 10 years will end up a bit like the Channel Tunnel - namely the investors who put up all the money for the building works (eg new terminal) end up getting financially wiped out due to revenues in the early years not being enough in relation to the cost of all the building works. If Stobart were to declare bankruptcy, the airport would presumably go up for auction sale - with the purchase price likely being well below the cost of all the building works. Eventually of course demand will be strong and the airport profitable - but someone other than Stobart might end up as overall benefactor