Originally Posted by
Heathrow Harry
I'd expect more developers to buy in (think Manston, Carlisle, Doncaster, Teeside, Prestwick, Coverntry as airport s likely to disapear). This will reduce the LCO's options eventually I guess.....................
The Low Cost operators are progressively departing those minor airports they started off with, even Ryanair is leaving them behind for mainstream ones - for example, they have left Prestwick mostly behind for Glasgow and Edinburgh. I'm not quite sure how they get on for landing fees, but presume they now are pretty much up with the rest - same terminal etc.
For all that we hear of hard times, airports continue to change hands for ever increasing sums. London City has been sold a few times over the years, each time it's for a substantial amount more than the previous occasion. Profitability seems to come from increase of asset value as much as trading.