10-26-2017, 07:27 PM
Interesting bit of scuttlebutt bobbed up this morning, have no idea of its veracity but allegedly that paragon of corporate virtue Bankstown Airport limited, in a desperate attempt to accelerate the exodus of GA businesses off the airport thus facilitating the development sharks carve up of the airport. They must be salivating at the millions of $$$ going begging
but for a bunch of aviation fanatics standing in the way.
BAL are to audit the financials of companies renting at the airport with a view to charging them a percentage of their profits. This on top of the outrageous rents and lease tenures.
BAL has already become an energy retailer, buying electricity in bulk and on selling it to tenants, no doubt with a hefty markup.
If all this is for real it really is time for a judicial inquiry of the whole airports privatisation rort.
but for a bunch of aviation fanatics standing in the way.
BAL are to audit the financials of companies renting at the airport with a view to charging them a percentage of their profits. This on top of the outrageous rents and lease tenures.
BAL has already become an energy retailer, buying electricity in bulk and on selling it to tenants, no doubt with a hefty markup.
If all this is for real it really is time for a judicial inquiry of the whole airports privatisation rort.