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Old 6th May 2010, 14:54
  #1226 (permalink)  
WHBM
 
Join Date: Oct 2002
Location: London UK
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I do hope the new owners have not become too enamoured with their beancounters' perspective of life, that they think they can hike up fees substantially to pay off some of that far-too-much amount they paid for the airport. If the landing fees have gone up in the same proportion as the car park charges then they will completely price themselves out of the business.

Dermot Desmond's team had a very good understanding of how to build the asset value of LCY, how to nurture new routes, and how to encourage new business; they turned what was a financial basketcase in Mowlem's days into a significant airport for London. The new, remote, grey-suited team, whose sole focus seems to be Return on Investment for this year, seem to have forgotten it all about building the long term value of something - if they ever knew it in the first place.
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