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Old 18th Jun 2019, 07:51
  #3201 (permalink)  
Expressflight
 
Join Date: Jul 2006
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Originally Posted by SWBKCB
Also, what do Stobart actually own at SEN - isn't the airport leased from the council?
In effect Stobart 'own' SEN in that that they have a very long Leasehold of the site, with Southend Borough Council owning the Freehold. Stobart own it in the same way that a leasehold apartment occupier considers that he/she owns their property. The same applies to LTN of course with Luton Borough Council being their Freeholder.

LTNman

In theory, assuming that Rochford Hundred Golf Club own the Freehold of their site, they could try to sell it to Stobart should their Membership agree but I should imagine it's Green Belt land. If that is so I cannot see any possibility of it being re-designated, particularly now that the UK Government seems to be taking carbon emissions reduction very seriously. It certainly would solve SEN's space limitation problem but I think it's a purely theoretical solution.
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