When local public services are being cut, as a direct result of the debt that LBC is carrying, clearly something very serious is wrong.
The only end that I can see, is the town having to sell THEIR airport to service the huge debts.
The airport was always seen by the Council as proud achievement and profits redirected into the community, now this very community is subsidising unprecedented debt levels being accrued, on speculation that a new franchisee will assume this debt in 2032!