Brabazon – I’d reckon the Luton thing is in part because they have to be seen to do something to strengthen their position. If they don’t act, it sends out a message of resignation to BAA’s continued dominance in London, which will whittle down their advantage with the low-costs as Stansted and maybe Gatwick expand. Also, realignment allows future terminal construction, a rail link right next to any new buildings on the west side of the strip, and a fast road running towards the A1, larger planes, less risk of flying straight into that damn hillside, and less overflight of the local towns.
S L O W L Y – I was privy to a couple of potential schemes, even came up with one myself, had to sign a very nasty Non-Disclosure Agreement, I suppose any new ideas that rock the world might also rock some share prices! Hopefully I can tell you in a month or so...