What's do you expect them to do, continue doing a running total year on year? I'm mean its pretty simple based on the numbers we've seen...
Masterplan 2018 was a 15 year £500m strategy.... circa £33m a year
The latest update "suggests" a 10 year £300m strategy... circa £30m a year
Both plans conclude in 2033 with a target of 18m pax.
If there has been a cut in investment, its been a 10% a year cut at best on the information we've heard from the the news released... not the 40% cut you're referring to....
And BCC
Sorry disagree with some of this.
In summer 2023 the airport gave a presentation to a very large construction company that my eldest daughter Is a project manager on, she was present.
The video presentation was STILL the 2018 plan for £500 million including the lounge extension.
Of course they showed the 2018 masterplan. Masterplans are long and complex documents which takes years to update let alone produce new ones. Until a new/updated masterplan is formally released and consulted on, the 2018 masterplan is still the current masterplan, regardless of how outdated and redundant it maybe.
Is it a huge coincidence that during those weeks it's announced one of the airport part shareholders Birmingham City Council had gone bust and that Coventry Council another part shareholder was close to going bust..
Whatever the reason it is what it is and we just have to get on with it.
Yes a total coincidence that BCC declared bankruptcy 5 years into BHX's 15 year masterplan. BCC owns circa 18% of the airport, there is of course going to be uncertainty with regard to their role and investment moving forward. But do you think the airport would have been able update to undertake a restructuring of hundreds of millions of £££ of investment and determine the impacts on the masterplan in a matter of weeks!? Really? And in the event you are correct, i cant see how a stakeholder of 18% of the airport could result in a 40% drop in investment.
I know you and some others think the airport is falling apart and somewhat of a failure, but personally from my perspective, the fact that the airport continues to invest in itself, seems pretty capable in attracting new business and seems confident it is capable of achieving its 2018 despite of last few years of chaos its been through is nothing short of a miracle and testament to the management of the airport. Would i like more money to be invested - of course! But im certainly not going to sniff at the significant investment we already have!