"Aero Developer" is a troll. His argument is simply that, if aviation infrastructure land commands cheaper revenue than commercial land, he is "losing money". This is not the same as making a loss. It is called a "Chinese loss" in that he can't make as much money as he would like.
The owners " business model" has nothing to do with "risk".
The model is
(1) Acquire the airport, complete with maintenance and operation of public infrastructure obligations.
(2) Lobby Government to minimise the public infrastructure obligations so that as much of the airport land as possible can be converted to higher value commercial/residential use.
(3) Profit.
P.S. I suggest posters be very careful about what they write about ownership of YMEN lest they end up in court.
Last edited by Sunfish; 23rd Feb 2017 at 19:38.