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Old 15th May 2015, 11:12
  #1735 (permalink)  
pottwiddler
 
Join Date: Aug 2007
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Ever heard of Return of investment?

Who is prepared to sink say £50/100 million in buying the airport, the equipment and employing the required personnel, their training, clothing etc, only to find that there's no commercial or general aviation customers willing to fly from the new airport.

But if they do come, how much are you going to make after depreciation, amortisation and taxes?(EBITDA) £500k? £1m?

Wouldn't you, as a banker, put your money somewhere else, which will get a better return? A business that is already established something with a PROVEN track record?

We're not out of the financial crisis woods yet, and the banker's mood isn't bullish at the moment and they would want to see a fully costed business plan that would include what appetite there is for aviation companies to move to Manston.

Maybe before the Council carry out a CPO, they first look around at the rest of the airport industry and see what a tenuous state it is in .
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