Cargocat said:
There is a difference between Stakeholder and Shareholder.
Ever heard of teaching your grandmother to suck eggs?
Any stake the banks have would be in the form of loans. Those loans do not (and should not) allow them to have a say in the running of an "arms length" local authority owned operation.
The other "stakeholders" are, in fact, the airport's customers - leasing space, buying gate and ramp time or providing the airport with an on site service - none of whom have, or should have, a say in the running of the company.
If the shareholders aren't doing a good job of overseeing the way the company is managed, it is up to the council tax payers in the Metropolitan Boroughs to have their councillors take up the matter and for the so called stakeholders (customers) to complain or vote with their feet.