I agree with you shed...
utterley amased this isn't getting more comment
MAG was set up by the local "GTR Manchester Councils" to operate , develope and invest in Manchester Airport, for the benefit of the NWest.
It is now in effect being sold off to a private investor Australian, with absoluty no interest in Manchester who are simply using the MAG as a vehicle to buy another airport 200 miles away.
And note this is an airport which Manchester business,and Manchester MPs fought so hard against expanding in the eighties, when it was decided to build yet another London airport, , the fear being expansion would suck in yet more demand from the regions.
Looking from the outside this appears to me to be a sell off by stealth !
Worse still instead of selling to ETIHAD who would have ploughed billions into Manchester "regardless" of the Stansted deal we are going to end up with a majority shareholder whose only interest is buying and therefore investing in Stansted, otherwise the deal is off,
...that can be the only conclusion as they have stated as much as a condition of sale.......!!!!!!
Last edited by Bagso; 6th Aug 2012 at 09:49.