If the new owner decides to fork out the £400 million to purchase and the £400 million or so to upgrade the facilities, then yes it could be worth more than the £800 million spent. My point is, and has been all along, that investors are looking for a return on their investment as quickly as possible, and spending close to £1 billion to purchase and upgrade an airport that may or may not attract long haul routes is something of a gamble.
Last edited by The Hypnoboon; 4th Feb 2012 at 09:28.