As if Heathrow, AKA the Aird of Sleat, were not bad enough, then there come this news. Ferrovial, the Spanish owner of the airport is going to slash a thousand or so jobs.
Then there is my favourite quote in the article: "The cuts will heighten concerns that Ferrovial, the Spanish company that borrowed heavily to buy BAA last year, is not focusing on the long-term interests of Britain's key international gateways."
Corporations exist to make profits, not strategic infrastructure decisions to support other industries and activities on a loss making basis. That's why we tolerate governments and taxation, to fulfill these roles and provide a framework for the other economic activities, or am I missing something?
Anyhow, seems that the Heathrow experience is not going to get better anytime soon.
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