PEEL want 500k. For what exactly..I don’t know..lbelieve they want the money from the local taxpayers....
Here's what the money is for:
£425,000 to support route development and improvements to retail facilities at Durham Tees Valley Airport. DTVA have confirmed to us that the detail of the proposal is commercially confidential, and has therefore been circulated to Members separately. In summary, it proposes:
1.Support to enable additional tour operations in the summer season
2. Marketing support to increase demand for existing routes
3. Market support to establish new routes; and
4. Capital investment to establish a confectionary, tobacco and news duty free outlet.
Could someone tell me..actually,really..how much have they invested in the airport as a major stakeholder...or have they asked TVCA/DTV. To actually stump up money
The airport is reportedly losing £200k a month - that money comes from Peel - you do the sums...