Franchised air and sea ports operation

Licence Ronaldsway and the commercial aspects of the Island's harbours (ferry terminals, marinas, fish quays, etc),  to experienced commercial operators.

In the case of Ronaldsway, an operator taking on all liabilities — and keeping any profits generated by enterprise-driven management — would absolve Treasury (on behalf of Manx taxpayers) from an annual loss of £4m approx. Surely a no-brainer?

In addition, the commercial imperative would almost certainly lead to better service.

Why the contribution is important

The IoM is crippled financially by a myopic notion of preserving the "family silver", despite undeniable evidence that entrepreneurs are far better motivated to deliver positive outcomes than civil servants

by RogerWillis on April 05, 2017 at 06:15PM

Current Rating

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Average score : 5.0
Based on : 6 votes

Comments

  • Posted by dpfellows April 05, 2017 at 20:55

    An absolute no brainer as you say. The core asset remains in taxpayer hands but management passes over to more commercially savvy operators. Most airports and ports in the U.K. are now either privately owned and operated or privately operated. The large overruns could be eliminated in one stroke.
  • Posted by Lupomen April 05, 2017 at 22:18

    The airport is bereft of any commercial management at all. Spending money on development was easy but now that times are tough the current management do not have a clue how to operate. Also we have wasted 3.5 million on a useless radar system for which someone needs to be accountable.
  • Posted by DocMills April 06, 2017 at 08:45

    And IOMG has discover more "silver" in Liverpool. The new port is going to cost at least £20m but probably a lot more.
  • Posted by Oldcodman April 09, 2017 at 23:59

    Look what has happened to the Greek airports now they are privatised more flights where there were none in the winter to above all things there ISLANDS, No cost to the tax payer, asset still owned by the people, All new investment which was badly needed...........The loss is no government empire and no MLC required with expenses............not going to happen then is it!
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