With new routes and frequencies at Luton from Wizz, desperate deals must have been done. The airport operator sees income from its drop off zones and parking as its saviour while no doubt giving away or even paying now for Wizz routes.
Is the Council now providing further money to LLAOL via LLAL for route subsidies as it has done in the past? What exactly will that £60m bailout fund be used for when every other part of the Council is being savaged? We know about the extra £18m for the Dart, the extra £5m for the DCO and the money to pay the interest on the loans LLAL cannot afford to pay back but is there money left over?
LLAL has said there will be no dividend to the Council next year either and that they require a further £23m bailout money for that year. Do they have a crystal ball that no one else can see?
No LLAOL spending on the final taxiway link to runway 25 for at least the next 3 years and the same applies to the new stands. Also there is a big battle taking place regarding force majeure clauses regarding Covid 19. It is going to cost LLAL or LLAOL millions for whoever loses for what could be a legal battle.
Last edited by LTNman; 17th Jul 2020 at 06:52.