UDF The BHD owner's accounts show that they're in the can for a couple of hundred mil debt. I believe the airport being the only asset on the books registered a loss last year, so little hope of improving this black situation by trading out. So need to sell for as much dosh as can be mustered.
In the meantime the necessity to string things out until a sale can be achieved has led to desperate and ridiculous deals to get business in (FR, bmib, EI...) to keep the good ship lollipop appearance, all taking from and dragging performance at BFS towards the mire. In this situation it's simply a race to the bottom. Allowing for Dublin focus, support, headstart, awareness level etc etc this nonsense just makes matters even simpler for them. It's not even relevant to talk about competition with Dublin anymore. It should be, but that ship has probably sailed.
Meantime the man in the street looks at things at face value and thinks this desperate 'competition' is great and that everything re flying should naturally be foc.
Those 'responsible' for shaping the base of the economy can't do anything because it's 2 private companies (yawn yawn) which might well be a little short-sighted because when the bottom is reached if there is no viable means of reaching out and drawing in visitors and investors from the big bad world outside it will be mightily challenging to achieve economic targets for real external tourist numbers over the next few years. But hey-ho if that happens, trouble on the streets and London will make up the shortfall.........or maybe not???
