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Old 29th Mar 2023, 19:42
  #2656 (permalink)  
LTNman
 
Join Date: Jul 2002
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More like at least 99 years. If anything goes wrong no doubt the concessionaire will claim force majeure like they did over Covid. The weak kneed Council just rolled over and instead of LLAOL suffering loses the Council paid the operator to run the airport. The Council also had to bail out LRT as they had no income due to LLAOL saying we ain’t giving you nothing and then the government had to bail out the Council.

There is a shortfall in the Council budget this year of £7.37m despite massive Council cut backs. Dig deep and the Council has admitted it is still allowing LLAOL to keep £15m of concession payments as part of force majeure agreement.

Last edited by LTNman; 29th Mar 2023 at 20:08.
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