Originally Posted by
SWBKCB
Was everything rosy in 2019? It was always a very constrained site, and its success seemed to be dependent on restrictions elsewhere. The difference now with earlier years is many of the ancilliary businesses have disappeared and the amount of debt that needs to be serviced
I think that on the surface things were rosy in 2019 but a danger sign was that of lot of the new routes being opened were aided by expenditure from Stobart for route development and marketing. The jury was still out as to whether all the new routes could be viable when that funding dried up. SEN's success was definitely helped by the lack of suitable slots at other LON airports at that time but who thought that would really change in the following few years? As you rightly point out many of the previous ancillary business, such as MRO, have disappeared and efforts to replace them by growing the Jet Centre business for example have met with only limited success.