I can only add that they didn't anticipate that Ryanair would pull out for five months. My understanding was that the money was only invested because Ryanair indicated that they would increase their presence at the airport. It was suggested at one point that they would base as many as five 737-800s at Bournemouth and all year round! That would explain the massive expansion of aircraft stands which are very rarely full of aircraft these days.
MAG made an investment decision which in this case seems to have been an expensive mistake so far!
Have I once suggested that there would be a "queue" of airlines waiting to come in if Ryanair left??? If you read my post, I suggested that an airline might be tempted to move in with two airframes if Ryanair weren't there. Palmair operated two 737s at their peak for example but simply couldn't maintain the operation in the face of huge pressure from RYR.
Last edited by mrshubigbus; 7th Nov 2012 at 09:38.