What exactly did they need to invest in? It's in pretty good nick an not stacked out. It's a good operation. Like LGW, BAA fought to hang onto it to maintain a monopoly. LHR had been let go with no major work since T4 in 1985. BAA then built LGW North in 1988 and STN got the new terminal in ~1991. (Is that right?)
Investment spread across the group, exactly what will happen now. MAG have a London airport and some will now imagine they can take on LHR. Which is mad.
The challenge will be for MAN to hang onto focus and group investment for the core business. What's the betting they offer Emirates an unbeatable group deal to open STN-DXB?
Last edited by Skipness One Echo; 19th Jan 2013 at 15:01.