"2. Other bidders for the airport enjoyed explicit support for their business plan from KCC. Why won't RiverOak talk to these other bidders to strengthen their own business plan?"
None of the bidders offered a 25 year fully costed business plan as specified by the relevant Thanet District Council Officer : "25 year cash flow of income against costs, under different potential scenarios - using best mid and worst assumptions".
"Aviation seems to be full of people with great ideas about what to do with other people's money."
RiverOak say :
“We are firm in our belief that Manston has a viable future across many lines of air freight, aviation
services including maintenance, recycling, private charter and commercial passenger services.”
“To be clear, what is proposed involves a transfer of ALL the risk surrounding the CPO from Thanet
District Council to RiverOak. If the CPO fails for some unforeseen reason we will have to meet all the
legal costs. Similarly if the eventual price of the land is higher than expected, we will have to pay it.
We are not asking for any public funds to support this process; not from Thanet, not from KCC and
not from the British Government.”
It is their money and they are prepared to risk it.