Originally Posted by
tom de luxe
Don't forget that the best part of those GBP 750M is debt. The new owners are likely to require LCY to make substantial cash pronto. I'd be surprised if revenue-enhancing and cost-cutting measures were not to be introduced in a very near future. And I'm afraid LCY will go down the BAA route, changing its focus from "customers first (and we wouldn't mind making some profit, mind you)" to "profits first so we can service our debt (there are no other airports nearby, so why bother with customers)".
I have always thought of them as offering a good customer focused service which you didnt mind paying for. That ahs always been their approach - offer good service and I for one don't mind paying.