100 million pounds investment
This is a very serious question!
The new 'leaseholder' of the airport has committed to the £100 million investment in the airport.
My thoughts are that the airport makes £100 million pound + profit a year?
Whilst I appreciate they have to pay LBC their share that still leaves a 'considerable' amount of profit?
I could be totally mistaken regarding profit levels.
But let's say the current 'leaseholder' makes approximately 70 million plus profit each year and whilst I appreciate they have to pay dividends to shareholders etc, I believe the new 'leaseholder' should commit to a minimum 300 million pounds investment over it's long lease period!
LTNman states room for expansion to the south side of the airfield to accommodate FBO's . I believe the east side can accommodate up to 20+ A321 sized aircraft stands with satellite building, and within the airfield boundaries the runway could be extended to 8000 feet minimum making the operation of 787's possible.
So my question is with 'real' investment could LTN grow to reach it's true potential or is it's progress held back by allowing a 3rd party to 'reap' the majority of it's profits?
If I am correct LTNman has knowledge of profits the airport makes?