Andy,
I don't believe anyone is suggesting that it was close to profitability, it wasn't anywhere close to profitability when she bought it, her people would have gone through the books before she bought it so she knew exactly what she was buying when she made this statement:
“I am delighted to have purchased Manston Airport from Infratil as I believe there is real potential for growth that has not been fully captured.” said Ann Gloag.
“Having worked in the transport industry for over 30 years, I believe I am very well placed to help maximise opportunities for both freight and passengers at Manston.”
So questions remain unanswered, namely how much, if any, effort did she put in to helping to maximise opportunities for both freight and passengers at Manston?
Some might suggest that she put "diddly squat" effort in!
