In the past, when airport and airline have had the same non-Govt owner, things often turn out less well than anticipated.
I don't have a huge amount of knowledge of Humberside airport, but my understanding is that the last few years have been less than ideal for Hull and the region. Since opening, Doncaster airport seems to be doing rather better than Humberside for local leisure based traffic (admittedly not Eastern's customer base) and looks likely to continue doing so given its location.
It seems unlikely that Eastern will merge with Bristow, CHC or KLM any time soon.
So what is the economic rationale for Eastern owning HUY airport ? Unless there is something to do with land value in the accounts, I'm struggling to see how they will be able to make money where MAG could not
Last edited by davidjohnson6; 2nd Aug 2012 at 21:01.
Reason: Same owner statement applies only to non-Govt entities