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Old 11th Sep 2014, 06:52
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Richard Taylor
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I note Virgin not officially confirmed yet the end of LR. May only be matter of time of course.

Eastern bringing in the E135 on some LBA/SOU rotations in competition with Flybe's forthcoming 'bus shuttle' so putting up a fight.

Ferrovial/Macquarie raising the capital (debt) to purchase ABZ/GLA/SOU airports from HAH. I know many acquisitions are made using debt raised to buy the asset, but it is what I feared. Raising debt to buy assets - what is left over to develop the asset, if indeed that is the intention, if you are then having to pay off said debt used to buy your target in the first place?
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