Which makes you think, is that offer for real because, as nightawk117 points out, £100 million equates to repaying the SG debt of £40 million plus paying £60 million for an asset that cost the SG £1. If it is a real offer it is hard to fathom why the SG would turn it down unless it was conditional on, for example, being permitted to close the pax terminal and stop pax operations (other than biz jets and GA) and the SG couldn't stomach it. I have long agreed with Skipness' position, above, in that the only future is to stop subsidising FR, close the pax terminal and concentrate on what makes money. I really hope that this gets resolved soon as if it doesn't I could see the whole airport closing and the loss of PIK's 9,800 ft runway would be a real blow to UK aviation - in the current climate it's easy to close runways but very difficult to build new ones.