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Old 16th January 2006 | 08:32
  #35 (permalink)  
Coasthugger
 
Joined: Sep 2005
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From: UK
Re: EXETER

Originally Posted by Devonair
Heard today it is likely to go for even more than the SWAC were going to pay.
http://news.bbc.co.uk/1/hi/england/devon/4613160.stm
That implies that it would be worth more to a different buyer than to SWAC - don't really understand why that would be. SWAC would have been removing a competitor to BRS and tying up a regional monopoly in the South West. Another buyer will have to compete with BRS?

In all honesty the money that airports go for when you consider the level of capital expenditure required to maintain and expand them seems crazy to me... but then I haven't got £20m to invest anyway...

There was certainly plenty of interest at the last tender stage, I'm sure it will be sold if the council want the money.
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