Nothing to do with the airport and all to do with CAE. They have been losing money since buying Oxford nearly 10 years ago and have finally decided to pull the plug. They are not interested in quality or heritage, only financials.
Ground training will now be conducted from Type Training Centres around Europe and flight training in USA, Belgium and Norway using a "hotch potch" of inexperienced FAA pilots and contract instructors.on twins. L3 are in an equally bad state. Leading Edge and Skyborne are now the only UK based flight schools worth training with if you are looking for an Integrated ATPL Programme.