Originally Posted by
davidjpowell
Yawn. THe great thing about local government is their business case can be more about what profit the airport delivers, but also what money it brings to the local economies. Appreciated it's often smoke and mirrors, but it's real smoke and real mirrors.
Obviously other airports don't really want the competition back..
You’re contradicting yourself, are you now suggesting the council are going to buy it and run it? No private sector investor will care much about the economic impact if it means they are consistently having to move equity around to avoid insolvency as Peel have been doing for the last 15 years. The council cannot buy an piece of land that used to be an airport, to run as an airport without at least a business case to prove its not going to be a burden to the tax payer, no matter what they say. So, the only answer is selling to a private sector investor, which may still be on the cards.
Not sure what you’re on about, it’s pretty clear DSA didn’t really make a dent in other airports which is why it’s no longer an airport. It’s sad for the staff, they were what made the airport, pleasingly I’m hearing most of them have found other employment, some of whom jumped ship to my employer before the public announcement in July.