Bagso/Bobby
The Australians did indeed buy into MAG on the assumption that Stansted will stay a single-runway airport. And that Gatwick would get a second runway, which is the worst case for Stansted.
It's always been virtually impossible to make a second Stansted runway stack up financially, given its high cost and the unwillingness of Stansted's airlines to pay higher airport charges. Although I'm sure that MAG are annoyed that Stansted didn't get onto the Davies short list, this probably reflects political embarrassment rather than any real expectation that a second runway could be a realistic and financially viable option.
Last edited by BasilBush; 17th Dec 2013 at 19:44.