09-04-2016, 09:43 PM
Of 'making airports great again'.....
There is money to be made from airports. In fact there is more money to be made from keeping/owning airports over a longer period of time rather than flogging them for a quick buck in a fire-sale. The problem is that Governments are useless, incompetent and erratic. Everything they touch turns to complete shit.
When an asset is sold, such as an airport, it's now at the mercy of the hedge funds, superannuation funds, and the parasites such as the JP Morgan types, who gut the asset, slice of pieces and flog the bulk of it to the land development sharks. It's all a sting, and an all too familiar one at that. They never re-invest back into the asset adequately, if at all, and the asset then declines which ultimately affects businesses, the economy, the community.
Why doesn't the Government (individual states or federal) set up a third party company/entity to either buy back or keep and manage existing groups of airports? For pondering purposes let's call it 'Dipshit Pty Ltd'.
The airports could be managed as being seperate from Government, by Dipshit Pty Ltd, and you would have no more stupid bureaucratic policy, no dumbass time wasting procurement bullshit, no doubling and tripling of Board structures and useless executive managers. A group of airports run succinctly by proven industry experts in a way that encourages diversity, business, quality, expansion not contraction, promotes airports as a major link and necessary link in the aviation chain, and ensures they are not molested by the likes of Murky and his corporate capitalist minions.
For example, the Federal government has set up its at-arms-length corporation "Dipshit Pty Ltd" and buys a group of already state or local government owned airports. Let's make the figure 36 for shits and giggles, a mixture of mainline and regional airports. Each airports owner gets paid out (valuations vary depending on the airports location, category and overall value). That leaves a chunk of change for struggling states or local communities to use wisely and invest in infrastructure, pay down debt, that kind of stuff. Then, the group of airports produce a yearly dividend (again depending on the airports overall value) and a percentage of that dividend annually goes back to the state/community that sold their airport to the third party governemnt corporation that now owns it.
It's doable because you don't have bureaucrats poorly managing the airports. You now have proper management oversight. The better the airport is managed then the better the financial return. The grouping also allows for synergies, greater bartering and bargaining power, a return on investment and again greater power when it comes to seeking capital injections. Much better options than one singular poor little airport trying to cut the mustard in a dog eat dog capitalistic Wall Steet 'bankerised' world (I like that new word!). It keeps the airports in governemnt hands and not in the hands of the blood sucking white shoe brigade parasites on Wall Street and scum sucking hedge fund corporation rapists.
Anyway, these are just a few of my Sunday evening musings. It's not the magic bullet, but there simply has to be a better way?
P_666
There is money to be made from airports. In fact there is more money to be made from keeping/owning airports over a longer period of time rather than flogging them for a quick buck in a fire-sale. The problem is that Governments are useless, incompetent and erratic. Everything they touch turns to complete shit.
When an asset is sold, such as an airport, it's now at the mercy of the hedge funds, superannuation funds, and the parasites such as the JP Morgan types, who gut the asset, slice of pieces and flog the bulk of it to the land development sharks. It's all a sting, and an all too familiar one at that. They never re-invest back into the asset adequately, if at all, and the asset then declines which ultimately affects businesses, the economy, the community.
Why doesn't the Government (individual states or federal) set up a third party company/entity to either buy back or keep and manage existing groups of airports? For pondering purposes let's call it 'Dipshit Pty Ltd'.
The airports could be managed as being seperate from Government, by Dipshit Pty Ltd, and you would have no more stupid bureaucratic policy, no dumbass time wasting procurement bullshit, no doubling and tripling of Board structures and useless executive managers. A group of airports run succinctly by proven industry experts in a way that encourages diversity, business, quality, expansion not contraction, promotes airports as a major link and necessary link in the aviation chain, and ensures they are not molested by the likes of Murky and his corporate capitalist minions.
For example, the Federal government has set up its at-arms-length corporation "Dipshit Pty Ltd" and buys a group of already state or local government owned airports. Let's make the figure 36 for shits and giggles, a mixture of mainline and regional airports. Each airports owner gets paid out (valuations vary depending on the airports location, category and overall value). That leaves a chunk of change for struggling states or local communities to use wisely and invest in infrastructure, pay down debt, that kind of stuff. Then, the group of airports produce a yearly dividend (again depending on the airports overall value) and a percentage of that dividend annually goes back to the state/community that sold their airport to the third party governemnt corporation that now owns it.
It's doable because you don't have bureaucrats poorly managing the airports. You now have proper management oversight. The better the airport is managed then the better the financial return. The grouping also allows for synergies, greater bartering and bargaining power, a return on investment and again greater power when it comes to seeking capital injections. Much better options than one singular poor little airport trying to cut the mustard in a dog eat dog capitalistic Wall Steet 'bankerised' world (I like that new word!). It keeps the airports in governemnt hands and not in the hands of the blood sucking white shoe brigade parasites on Wall Street and scum sucking hedge fund corporation rapists.
Anyway, these are just a few of my Sunday evening musings. It's not the magic bullet, but there simply has to be a better way?
P_666