PPRuNe Forums - View Single Post - HEATHROW
Thread: HEATHROW
View Single Post
Old 11th Mar 2015, 22:27
  #3560 (permalink)  
North West
 
Join Date: Jun 2011
Location: Monte Carlo
Age: 65
Posts: 143
Likes: 0
Received 0 Likes on 0 Posts
You need to eliminate any fx issues and adjust for PPP to make a truer comparison.

Astonishing train of thought !

Those currency and public private partnership issues would of course amount to a swing of a further £20+ Billion !

Oh and those "Shrewd Turks" are not just getting a mile of tarmac with some add-ons but a fully integrated, brand new airport, built from ground zero, 3 runways plus new terminal capable of 90M !
PPP is 'Purchasing Power Parity' - in otherwords 1 Euro in Turkey has more purchasing power in Turkey than it does in the UK, but like for like, it takes you longer to earn 1 Euro. So, a 10.2bn construction cost in Turkey not the equivalent of a 10.2bn cost in the UK.

Nothing at all to do with Public Private Partnerships.
North West is offline