Parsnip,
Yes I can accept all that you say, & indeed it may be that DTV as a cost centre has not, historically contributed a great amount on an annual basis to Peels trading loss, this perhaps being more down to finance costs due to the debt that has arisen elsewhere. As such then perhaps Peel are in a much stonger position than I have previously given them credit to be able to bide their time.
The thing that erks me the most is that Peel appear to have condoned the appointment of the most inappropriate, ill qualified & inexperienced motley crew of "non achievers" as ever assembled to run an airport anywhere with predictable consequences. That Peel appear to accommodate such poor management at DTV (even the board had a clear out last year !) is witnessed as they have moved the strategic positions over to Manchester, whilst leaving the
lunatics
living in their own little world back at DTV to run the asylum.