"Luton Airport" is now betwixt the veritable rock & hard place...
£109m has been loaned/promised from the Public Loans Board with that total also including tens of millions in emergency capitalisation to keep the airport operational/functioning.
This support is tied to an assurance review that will explore "reducing the council`s financial exposure to the airport".
In plain form...present value for taxpayers money & no further spending on expansion planning.
Also required is strict adherence to green & noise issues which appear to have been flouted until now & with the Government bailing the airport out leaves it totally at the mercy of their own airport policy what ever that will bring.