Originally Posted by
SWBKCB
Will there be anything for the DTVA contract - only been going a couple of months?
Also, what do Stobart actually own at SEN - isn't the airport leased from the council?
They have the benefit of a 150 year lease on the land which started in 1994. There is a 2nd lease for the runway extension lands but this follows the original lease. If there is an opportunity to sell the airport development they should attempt to do this whilst there is more than 99 years remaining on the lease. Anything less and the investment value begins to drop. So they have between now and 2044 to build a successful airport and then sell it.