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Entries in New Zealand (2)

Tuesday
May192009

An airport's not the best route to regeneration

Regen Park

"Regeneration work in Thanet includes improving buildings and public spaces in our towns, development of business parks and working with community groups to help bring their ideas to fruition to improve the area. The emphasis in regeneration is on working in partnership with a wide range of organizations, so that together we can make Thanet a quality place to live, an attractive location for investment and an enjoyable area to visit."

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Saturday
Apr042009

Manston keeps failing. What next?

Controlled descent...

Infratil bought Manston for £17 million and are happy to spend £10-20 million on it before pulling the plug, so from their point of view KIA is small but far from trivial. Infratil's European airport investments are performing poorly. Infratil are big enough to take the hit by cross-subsidising, but not indefinitely.

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