Post #201...
Quote..."In truth the £260M for MAG will cover the gap in local authority finances caused by non-payment of dividends for the next couple of years"...
Would anyone care to explain !?
The local authorities themselves put the money in to shore up MAG due to the pandemic & Government failure to develop an Airport/Aviation strategy so is it suggested that the local authorities put the money in then immediately look to take it back then out in the form of dividend?...Cos that ain`t gonna happen... BTW it was made clear at the time of the inward investment that it was for the 3 airports including STN/EMA & not just Manchester Airport.