BAA has said today that Stansted could be run for £5 million cheaper per year! First-round bids are due next week.
It's said that freeying Stansted from BAA's ownership will produce immediate savings and reduce management costs. Passenger numbers are forecasted to grow to around 24.6 million by 2019. Earnings before interest, tax, depreciation and amortisation, which are down from £117m in 2008 to an estimated £87.3m this year, are forecast to rise to £201m.
Stansted airport owner admits it could be run for £5m less - Telegraph
It's looking like we may be starting to get a glimmer of light at the end of this very, very long tunnel!