So what is a realistic operating cost and how does a new operator achieve it apart from job reductions and wages cuts?
Realistic operating cost are cost that make a profit but on a smaller margin ill make it simple for you £1 profit is still a profit but £10 profit is driving Airlines away so lower your profit margin to £5 profit or even £3 profit you are still making a profit.
It make better business sence to make £5 from lots of Airlines than it does making £10 of a hand full of Airlines.
Now once your Airport is full you can start looking at your margins as demand grows which it will after all there wont be much room out there in 10 years or so you can start operating a supply and demand stratergy
There is only one reason Airlines left stansted to go to LGW and LTN and it is all down to cost but dont forget lowering cost is not always a smooth ride AirAsiaX and AirBerlin had a far better time at STN than at LGW
I am not saying this and this alone will turn STN back into a Full and sought after Airfield but as the people of LGW know under new management the job cuts and restructuring will come and although this will be bad news for alot of Airport workers you just need to look how LGW has turned round as an Airport with job cuts and restructuring.