I'm not sure Biggin needs galvanising. It is a specialist business aviation airport and as such is doing very well.
As for AW's achievements at SEN he spent a reported £100m on developing an airport to attract a handful of easyJet aircraft delivering £100k in EBITDA profits in year 1. On that performance Stobart's can expect a payback in around a 1,000 years! No doubt the easyJet sweetheart deal that brought them in is contributing to the paltry profits but who signed it off?
Behind the scenes the airport has failed to attract new tenants and has seen established tenants leave.
All hail the messiah Alistair Welch.
