PPRuNe Forums - View Single Post - LUTON - 5
Thread: LUTON - 5
View Single Post
Old 10th Mar 2007, 13:40
  #275 (permalink)  
ebenezer
 
Join Date: Nov 2004
Location: North of 50N
Posts: 254
Likes: 0
Received 0 Likes on 0 Posts
The MD has indeed resigned and will be leaving in coming months, was she pushed by the Spanish revolution?
Informed sources say not. Equally informed sources say she's not interested in heading up a 'small' regional airport plagued by an intransigent and out-of-touch local council, when she was previously keen to see Project 2030 go ahead (it's now effectively dead in the water) and Luton become established as a major London Airport. It appears that Abertis, because it's unable to negotiate a more realistic concession term with the Town Hall, is now putting the squeeze on investment as the payback is increasingly not viable, and so she's decided to get out whilst the going's good. How easy it'll be to replace her with anyone with similar credibility, stature and track-record remains to be seen, but the previous MD jumped ship because he'd had enough of trying to run a commercial operation whilst suffering the idiots in Luton Borough Council, so it's anyone's guess and I'd say, rather doubtful.
ebenezer is offline