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Post by mainline on Jan 10, 2012 17:35:09 GMT
I cant mainline. An airport gives the owner significant political leverage on a local and national level. It remains to be seen whether VAS will be able to make the operation sustainable, but by most accounts they have bitten off more than they can chew when they bought in to the highly competitive UK market. You only have to look at their portfolio to see that their other airports do not suffer from significant local competition. It seems to be a case of waiting and seeing what will happen at this moment in time. I was hoping VAS may have given the management at DSA a kick up the backside and got them into gear, but sadly this doesn't seem to have happened and we seem to be in a worse position now than what we ever were with Peel Holidings. Remember that ghastly song that Labour played in their 1997 election campaign, come on you know the one... Things can only get better...
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Post by lysander on Jan 11, 2012 9:53:21 GMT
With 65% of the shares in the loss making company I should imagine VAS would be urgently thinking about the overall strategy...unless a hidden agenda exists. With so few staff on the ground and admin able to be counted on the fingers of one hand there aren't too many butts to kick at Finningley.
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