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Old 15th Feb 2020, 18:23
  #337 (permalink)  
Beafer
 
Join Date: Jan 2013
Location: UK
Age: 73
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Debt pile - the need for cash.

Originally Posted by Robert-Ryan
I'm not disputing the way Peel treated staff; it's quite clear from those who have served longer than I that what you say was correct at one time or another, but I never saw that side of them, or at least nothing on that scale, some mild stuff yes. But, I don't buy the close-to-build argument because ultimately they didn't close and they didn't build. If it were true they'd still be here holding out for near half a billion and the airport would be long gone.
Building houses costs money. I wonder if the £4billion debt pile of a certain company which has been increasing for some time had anything to do with the quick sale of the airport to raise cash?

There was talk of a Hong Kong company putting money in, but dont think thats now happening. Might be a few shopping centres up for sale shortly.
I also heard that the airport staff had a rough time under the other company.
https://old.nasdaq.com/article/uk-pr...20200212-00180
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