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Old 17th Nov 2015, 13:01
  #2437 (permalink)  
panpanpanpan
 
Join Date: May 2011
Location: antrim
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True Blue
There was a link on this thread recently, that some ridiculed, to a story about the profitability of Bfs and Bhd. Both are barely making a profit. How long can that continue?
It will continue until one of the airports is no longer sustainable as a business. Trying to reverse engineer an aviation policy is never going to work, the time to form a one airport model for NI should have been taken years ago.

BTW, with your qualification and experience in economics, have a look at the last Harbour accounts. Some very creative accounting going on to minimise tax liability, doesn't mean there is no profit being made, simply that it is being creamed off before it gets onto the wrong part of the balance sheet.
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