Originally Posted by
Planeraz
Should Blackrock retain EDI, presumably, airlines such as Delta and United could benefit commercially re landing fees etc and the airport may have easier access to the right people for further route developments.
The shareholdings are insignificant and Blackrock will exert no pressure on the business managers of airlines in which they invest. Blackrock are interested in one thing and one thing only; returning value for their investor clients which will include many of the pension funds in which our old age are invested.
They will spend money on development only if they see an adequate return on that investment in a timescale that works for their clients.
Personally I would prefer public investment in infrastructure but that isn't the way we do things these days unless of course where road building is concerned.