If you go back through my 2,400 odd posts, I predicted a down turn, but not its intensity. Blimey it has been savage!
I have also stated many times that passenger throughput is not indicative of profit.
My only pleasure will come when Stansted and Luton compete on even terms. This tide is turning. I wonder just how many folk flying from Heathrow realised they were subtly paying for an airport in Essex?
Birmingham serves its region, whilst Luton has grown despite cross subsidisation right in the face of the BAA and it's white elephant!
Question: Will HM Government allow runway 2 at Stansted, thus boosting it's value when it is put up for sale?
What saddens me is that ACDL should have the plans for Luton's infrastructure upgrades also out for consultation. I fear once again, Luton has missed 'the boat'!
Who knows what politics are going on in Spain?