Originally Posted by
Buster the Bear
19m passengers, by 2030? This winter will see annihilation of the aviation sector in the northern hemisphere. Covid-19 surfaced at back end of last winter. Covid-19 loves the cold, so what we have seen March-October are the foundations of numerous future airline failures, more downsizing and airports finally giving up and closing for good. Even when a vaccine is available, it might need boosters every 6 months. Bookmark this page and see if Buster and his Crystal Ball foretold the future correctly? I'll also wager that LBC are taken into 'Special Measures?'
I suspect the application by the concessionaire (LLAOL) is being pushed by the airport owner (LLAL) so it can be banked even through LLAOL might never see the day when it is needed before the concession runs out.
LLAOL have yet to build the missing taxiway by runway 25 to increase the runway capacity and need a new apron for 19 million. Both projects are on indefinite delay so with the ticking clock on having to hand the airport back, the time to get their money back on future projects is decreasing by the day.