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Old 1st Feb 2017, 12:08
  #5594 (permalink)  
LTNman
 
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The profit for London Luton Airport Ltd which is owned by the council for the year ending March 31st 2016 was £29.7 million down from £65 million for 2015 which is not bad for a company with no employees.

Out of that profit £14,823,000 was donated through its Community Funding Programme.

Concession income was £34,355,000
Other property income 523,000.

London Luton Airport ltd has borrowed £42,921,000 from the council in 9 loans paying interest at up to 12.125%

http://www.llal.org.uk/Documents/LLA...ments-2016.pdf.

Last edited by LTNman; 1st Feb 2017 at 17:16.
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