Interesting point, LTNman.
Does that mean that LBC will itself buy the land that is needed for the new airport? It surely won't be enough just to move the borough boundary - LBC will have to own the land to be able to bring it into a new concession agreement.
Has LBC even got the money to buy the land if its budgets are so stretched at the moment?
Could ACDL and LBC end up in a bidding war for ownership of the relevant pieces of land - and would any secret agreement between them to avoid bidding against each other be legal?
And what about the business case for the new development if the Airport operators are only making a profit of a couple of million pounds a year? Who would invest in a project with a 600-year payback time?