Originally Posted by
matthudski
They have their own terminal, but it is owned by BAA (I assume they owned the land and the runway so they have Heathrow sown up), but surely if they really really wanted they could build their own airport and all of Oneworld could use it. They could then make money, not only on the flights, but also the airport itself along with parking etc.
Definitely not. Much better to sell off your assets, free up capital, and lease the item back. For example:
hotels don't own the buildings
nursing homes don't own the buildings
breweries don't own the pubs
On the other hand, Southern Cross Nursing Homes is a good example of what can go wrong with this strategy
