Last year = £20million in dividend payout: £1 million each for 9 councils and £11 million for Manchester Council. £65.5 million profit - not too bad a return?
Luton council rents out its airport on a 30 year concession to a private operator. Last year the council received just under £25 million in fees based on less than 10 million passengers. The operating profit was £23.8 million.