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Tag Archives: IAEL

A closer look at that bid

The once-secret KCC funding bid

Bureaucracy being what it is, KCC and Infratil were obliged to spell out in detail the brazen cheek of their cash plea. Do please remember that Infratil is a New Zealand-based investment company, and that whatever profits it can (finally) squeeze out of this lemon of an airport will be going straight back to their antipodean investors, still smarting from years of multi-million pound losses.

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