Originally Posted by
inOban
As for the main issue, surely the situation is that BA owns a lot of slots at LHR which are a major asset on their balance sheet. They dare not lose them. So they are moving routes from LGW or leasing them to other airlines that can use them.
The slots at LGW are much less valuable and they reckon that they can get them back when they need them - they might have a deal with LGW.
Do the slot values appear as an explicit item on the balance sheet?