Wednesday, November 4, 2009

In Response to Re: Airport boondoggle:

How in the world do they think a toll road will benefit tourism? Let St. Joe pay for the road.
Posted by brian7


"they think" is an oxymoron - they simply obey. It is against St Joe's religion to pay for anything, thats why I was truly shocked when they ageed to the SW subsidy - I guess the clock just ran out on lobbying the legislature- and TDC's to foot THAT bill. The toll road seems particularly stupid since the traffic will already be thin - more likely it will be "sold" as a self-financing toll road, then reverted to the taxpayers when its "discovered" to be insolvent. In the long run everything works out, but toll roads at panhandle traffic levels just don't make sense in an economic timeframe of, say, 30 years.

and BTW, i don't agree that it's a good idea for Delta to monopolize the market - let it play out. I do hope Delta will compete for its share; there should be some profit zone between monopoly and capitulation. An interesting strategy for Delta would be to abandon NWFPCIA and use the savings and perhaps its own subsidy to go "all in" for this market with lower fares at VPS and perhaps Tallahassee. 3 years should be long enough to show if the NWFPCIA is viable, and we get to use the SW service. A lot of rent comes due in 2012.

in reference to:

"In Response to Re: Airport boondoggle:How in the world do they think a toll road will benefit tourism?   Let St. Joe pay for the road.  Posted by brian7"they think" is an oxymoron - they simply obey.  It is against St Joe's religion to pay for anything, thats why I was truly shocked when they ageed to the SW subsidy - I guess the clock just ran out on lobbying the legislature- and TDC's to foot THAT bill.  The toll road seems particularly stupid since the traffic will already be thin - more likely it will be "sold" as a self-financing toll road, then reverted to the taxpayers when its "discovered" to be insolvent.  In the long run everything works out, but toll roads at panhandle traffic levels just don't make sense in an economic timeframe of, say, 30 years.and BTW, i don't agree that it's a good idea for Delta to monopolize the market - let it play out.  I do hope Delta will compete for its share; there should be some profit zone between monopoly and capitulation.  An interesting strategy for Delta would be to abandon NWFPCIA and use the savings and perhaps its own subsidy to go "all in" for this market with lower fares at VPS and perhaps Tallahassee.  3 years should be long enough to show if the NWFPCIA is viable, and we get to use the SW service.  A lot of rent comes due in 2012."
- The News Herald (view on Google Sidewiki)

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