I’ll let you know. I care passionately about this airport but feel strongly it is being mis-managed. I want it to thrive and prosper but to attract new owners and investment (eventually after all this) it needs to show it has potential and is being run like a true commercial business.
How can EXT show higher turnover and higher levels of profitability (accounts available from Companies House) with less pax and less airlines is beyond me ?
Costs need to be commensurate with revenue - it’s a business fundamental.
Who would want to invest in a business with bloated costs, no clear strategy and no diversification of business ?
I can’t help but feel the management are way too comfortable knowing they can just go to the WG with the begging bowl and get bailed out.
How can this drive the right, timely and correct commercial decisions ?
if there was private money at stake you can bet your bottom dollar that their feet would be held to the fire, they would need to be nimble and act in a truly commercial way. If the management team didn’t, they would be out.
BTW - the silence from the new Chair is deafening !
Last edited by TOM100; 19th Aug 2020 at 15:04.