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Old 7th Apr 2015, 20:01
  #1153 (permalink)  
asdf1234
 
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Originally Posted by LTNman
Maybe their view is that they have already spent a small fortune on the airport so would like some return on their investment first before committing to spend more money.
LTNman and Expressflight both have valid points however I'd be very surprised if the airport redevelopment went ahead without at least a tacit agreement from Easyjet (pre any formal agreement) as to the scope of works to be carried out. For them now to complain seems to be at odds with their role as anchor tenants. The annual results are due to be published soon and if there isn't a profit there is unlikely to be further investment in the infrastructure. Granted taxiway upkeep and maintenance should be in the long term Capex plan but I'm sure Stobart directors (on behalf of shareholders) will be looking for some kind of return on the current investment before they splash out more cash.
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