closing STN
BAA could close STN and make it an Eco-city. Just look at the land value and transport links. The local councils are likley to give it planning permission in return for a massive bribe of section 106 cash (maybe £10m for a new town hall). BAA would make a packet and increase the value of gatwick which they would sell. BAA would then be left with LHR which would be a lot more profitable. It would also allow BAA to get back at Ryanair. Even Easyjet could do well out of the change as Luton fares could rise. To make airline profitable the industry need to take out excess capacity.