Bagso
I think the problem with MAG is they have 'spotter' thinking.
They see themselves as a big player in the industry on a par
with BAA - hence the ruminations about buying Gatwick.
Operations wise it is a private company under a psuedo gize
of council shareholding interests.
If you spread the money too thin then the result is a weakened
all - no good to anyone.This stagnation is what we are seeing at
the present - and if you dont divvy the shareholders well, it leads
to the break-up of the alliance.ie A totally Private company will
emerge as the best way forward.
Whopee! bonuses for all (management)for a job well done.
MM