Stornoway woes
Join Date: Jul 2004
Location: Land of the Northern Lights
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inverness - the golden goose
Voroff - "Inverness is the only commercially viable place hial run."
then why in the 2005/2006 annual accounts the latest HIAL have on their web site does it show EGPE with an operating loss of 3,149,000 before subsidies, although EGPB is higher at 3,426,000.
HIAL was formed because the airports it runs are not for finacial gain but to provide a 'life line service'. To my mind, please correct me if wrong, the only airport HIAL have ever operated at a profit was PB, before the oil industry wised up to the charges, and that money was used by all the HIAL airports. It will be along time b4 PE is in that position, if ever.
Voroff - "Inverness is the only commercially viable place hial run."
then why in the 2005/2006 annual accounts the latest HIAL have on their web site does it show EGPE with an operating loss of 3,149,000 before subsidies, although EGPB is higher at 3,426,000.
HIAL was formed because the airports it runs are not for finacial gain but to provide a 'life line service'. To my mind, please correct me if wrong, the only airport HIAL have ever operated at a profit was PB, before the oil industry wised up to the charges, and that money was used by all the HIAL airports. It will be along time b4 PE is in that position, if ever.
Last edited by Report@Boddam; 6th Aug 2007 at 08:26. Reason: spelling
