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Old 17th Mar 2015, 11:57
  #2163 (permalink)  
BasilBush
 
Join Date: Nov 2012
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When the Scottish Govt took over the airport they estimated that they would need to put in £21m over the next 7 years. The Audit Scotland report re-ran the numbers and estimated the amount to be just under £40m.

However, as I noted above, the Audit Scotland report is already out of date in that it assumed a recovery of passenger numbers. It is anyone's guess as to how much cash the airport will burn if the traffic remains at current levels.

Update - CAA stats show a 60% decline in traffic in Feb 2015, with the moving annual total now just 858k. How quickly the Audit Scotland report has been overtaken by events.

Last edited by BasilBush; 22nd Mar 2015 at 21:01.
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