Quote:
'A spokesman for Gatwick Airport said Easyjet's position was based on its own "narrow commercial interests".'
It's also rather hypocritical of GAL to complain about narrow commercial interests. Their campaign for a second runway is not unconnected to the fact that GAL's key shareholder GIP intends to sell its stake within the next couple of years and believes that its value will be enhanced by Davies recommending a second runway. It is also believed by many in the industry that GAL's CEO Stewart Wingate is financially incentivised to get Davies's nod, via a generous bonus structure....