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Old 15th Oct 2010, 08:34
  #1912 (permalink)  
skyman771
 
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Some encouraging signs though
Reminds me of the politicians who deliver ecconomic news based upon the rise & fall of rate of changes, thus on first impession poor news can be softened. Decrease in the rate of falling pax no. is good in that if sustained & extrapolated may suggest growth in the medium term.
For me the background is perhaps a little more worrying, case in point excellent news re Emirates, but can one conclude that this is not simply at the expense of KL/AF?, not withstanding that in addition the monthly total pax no.'s continue to fall. Note the LHR data not stated what is the trend re BA?
My understanding is that in "ball park" terms the airports business model was based upon some 5M pax. p.a. and as such then there are perhaps a number of concessions on the concourse, together with neighboring support services such as hotels who may not be at all happy with the latest batch of statistics.
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