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Old 29th April 2003 | 06:44
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Flightrider
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Joined: Jan 2000
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From: UK
BAA Scotland would not elaborate on its dispute with Electra yesterday, although a source said negotiations over the unpaid fess had been delayed because of the Orthodox Greek Easter holidays.
The source added: “We are fairly relaxed about this. Electra do not appear to have any financial difficulty, but they have been caught out by the sudden timing of this. We are expecting to get our money eventually and discussions are amicable.”
I have never known discussions between the BAA and someone who has had their aircraft impounded be described as "amicable" before. That's a new one. BAA also have every reason to be "relaxed" - they're the ones holding £30m of Boeing 757 hardware as security against the debt!

Excuse my cynicism, but Orthodox Greek Easter is being blamed again? Christ knows how, but BAA manage to run airports on Shrove Tuesday and Ash Wednesday, so I wouldn't have thought the [not unexpected] fall of Greek Easter ought to completely bazooka an entire airline.
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