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Old 30th Aug 2014, 17:46
  #1898 (permalink)  
Skipness One Echo
 
Join Date: Aug 2002
Location: London (Babylon-on-Thames)
Age: 43
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All the other stuff at PIK generates income which is swallowed up by maintaining a loss making terminal facility that's waaaay too big, old and dated and lacks any business case for replacement. I agree PIK is an asset but until costs are controlled and the business right sized it will continue to lose money. Ryanair are on the way out, that might allow decsions to be made that will save the business.
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