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Old 21st May 2011, 17:24
  #2296 (permalink)  
possibleconsequences
 
Join Date: Oct 2009
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"I just dont believe either BOH or HUY should be propped up by what is in effect owned by the Greater Manchester tax payers"


That's a laugh!

As soon as Manchester bought the place they took control of the very profitable industrial estate and prevented the airport from investing the profit from it.Presumably the shareholders / taxpayers had no objection to that? Also, to what extent is Manchester funding the airport now? I understand that money for the terminal etc had to be 'borrowed' by Bournemouth and needs to be repaid (with interest of course). Hardly a situation where the taxpayers lose out - though, admittedly, it might be tempting for MAG to sell up and try and get their cash back quickly if they need to get their hands on STN or similar.
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