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Old 4th Sep 2012, 20:38
  #743 (permalink)  
silverstrata
 
Join Date: Mar 2010
Location: L.A.
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Jabird

You are ducking the issue. I asked you where you stood on profitability. Either you saw this as a government project, in which case profit was not a problem, or you stood by your claim that this would be the "most profitable airport in the world".

Not ducking the issue at all. As I said, a government has multiple revenue streams from a project that are in addition to any profits a mere private company can make. Wage taxation is a cost to a company, while it is revenue neutral to a government etc: etc:

Thus a loss making private project (as some of the Victorian constructions were) can be hugely valuable and profitable to a government. As will be a new International Aviation Hub in the southeast.



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