Err are you sure MAG own the business park? I think it's more complex than that.
Either way why spend capital - on the business park - if its not necessary (ie. the assett is generating acceptable profit)
Bournemouth Airport is run as an autonomous business like the other MAG airports and will make a case for capital to MAG just as EMA, MAN and HUY will do. The MAG board will put their money where they see the best return and least risk, that is not always the biggest business, but the one offering the best growth lowest risk.
MAN traffic is stagnant/falling and they (the airport) have paid for a shiny new runway which is still a big debt to amortize.
Interesting to watch..
FF
Last edited by Flitefone; 20th May 2008 at 15:35.
Reason: spelling