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Old 25th Apr 2008, 18:38
  #2434 (permalink)  
Higher Archie
 
Join Date: Apr 2008
Location: Manchester
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HUY for Sale

MD HUY, Rob Goldsmith, has already been appointed as MD BOH. He did his best to bring traffic to the airport, but in the face of the competition from Robin Hood and EMA, it was a massive task, especially in the loco world.

MAG bought HUY to appease John Prescott who was DPM at the time, and to bring political favour. That worked, but with no realistic future growth, time has sadly run out.

It's hardly likely that the returns from the sale of HUY will fund the purchase of LGW, maybe a few lawyers only!

Uncertain times for the good people who work at HUY, I hope all works out well for everyone's future, either in MAG or with a new operator.
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