Edinburgh hadn't woken up in the 1990s - the consolidation / expansion at Glasgow of transatlantic traffic was underpinned by Northwest Orient and Air Canada switching from Prestwick to GlasgowClive wrote: ↑Tue May 23, 2023 3:52 pmI’m a realist, not a conspiracy theorist. Could they have done better? No doubt. But that can be said for every airport and every business in the world. Airlines have been consolidating Scottish ops at a rival airport. Sadly that happens. I well remember in the 1990’s when market forces had airlines consolidating at GLA. It’s real life out there, not a cosy keyboard and armchair.egpffqtv wrote: ↑Tue May 23, 2023 3:29 pmOh be quiet. AGS have failed GLA and well you know it!Clive wrote: ↑Tue May 23, 2023 12:17 pm
“Have consolidated”. It’s funny how you think what’s happening now is permanent when history proves that nothing is. Of course Delta could add JFK-GLA when they see a market opportunity. A million times more likely than them adding an EDI service from a mid west hub with hardly any Euro links.
It’s not a lack of faith in GLA management you have, it’s clearly a lack of faith in the GLA catchment area and the inbound draw for business and leisure in Glasgow and the west of Scotland.
We have one private equity airport wanting to 'wipe the floor' with the competition to achieve the highest possible EBITDA multiples and market penetration metrics for a potential sale while the other private airport is part of a disparate group of airports desperately trying to reach the minimum EBITDA its bankers will accept for their maturing £705m loans