- Admin
- #81
Have any other UK bases contracted? Has anyone compiled a comparison?
@Finger66 I had a descussion with a Canary Wharfe banker who hand dealings with the initial sale of the airport from the councils. He told me that the value of an airport decreases significantly with the loss of an airline as it makes potential investors gittery and weary of committing further investment. He said the number of destination served is almost irrelevant from an investment point of view but the number of airlines willing to invest alongside you is crucial. The TUI withdrawal will be a huge shock to the system for LBAs new investors. We know from previous downturns in the economy and subsequent downturns in the aviation sector, the aviation sector does bounce back. At this stage I just hope LBAs new owners don't go cold fingered on further expansion which is for a different thread.
@Finger66 I had a descussion with a Canary Wharfe banker who hand dealings with the initial sale of the airport from the councils. He told me that the value of an airport decreases significantly with the loss of an airline as it makes potential investors gittery and weary of committing further investment. He said the number of destination served is almost irrelevant from an investment point of view but the number of airlines willing to invest alongside you is crucial. The TUI withdrawal will be a huge shock to the system for LBAs new investors. We know from previous downturns in the economy and subsequent downturns in the aviation sector, the aviation sector does bounce back. At this stage I just hope LBAs new owners don't go cold fingered on further expansion which is for a different thread.