I honestly believe that a combination of the pandemic together with rampant inflation would have killed off the new terminal. However, that has never been stated by LBA management. It's just my conclusion. What they did say was that the original scheme cost of £150m would now be considerably more. In excess of £250m. Probably unaffordable for an airport recovering from a couple of years of disruption and mounting losses, and particularly given today's interest rates. The beauty of the extension scheme is it's less than half the cost. LBA quoted up to £40m on the extension, another £40m on the existing terminal and the cost of apron extension(s) isn't known, as it will depend on how many new stands are constructed, and when. The funding is also required in three parts, not all in one go, making it easier to secure.