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Old 24th Feb 2013, 20:41
  #461 (permalink)  
LTNman
 
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If taken over no company is just going to go ahead and spend £100 million on another company’s expansion plans as they will have their own ideas.

The council will not be happy and might want to scrap the Abertis contract and find their own operating company as Abertis will be looking for the highest price while the Council will be looking for the highest investment so to expand the airport.

Signature might be able to hang on to stands 16 and 17 under a new operating company.

There are a lot of ramifications to all of this and for the short term will create much uncertainty.

Abertis was always reactive at Luton only spending money when the infrastructure was under strain instead of being proactive and spending money up front to encourage further business.

This is what upset the council in the end and forced Abertis to promise to spend money which is now looking unlikely.

This lack of airport investment is also what upset the Welsh Assembly and caused the nationalisation of Bolivian airports operated by Abertis.

Last edited by LTNman; 24th Feb 2013 at 20:50.
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