Its proving the doubters right at the moment, the damage is being shown now due to its heavy reliance on leisure flights which are taking a massive hit due to the economy.
Their ludicrous ambitions of handling 4.4 to 6.5 million pax by 2016 screams of pushing the government into paying for the motorway link road. I think there are far more pressing things for tax payers money to be spent on.
If the place is still losing 1 million a month (i believe operating loss) i dont see how they are going to claw it back. It appears that business operators dont see it as a viable option due to being far from Sheffield and that cities connections to better flights at MAN and EMA....
More money troubles for the peel group here...
HMRC contesting Peel Holdings’ capital loss relief - Crain's Manchester Business