Picked this up from the LBA spotters site:
An interesting article on BBC1 about Sheffield
Airport. Peel Holdings, who also own Finningley, during the last 2 years four operators have approached the airport about starting scheduled services and have been refused for various reasons by the airport. Peel have also submitted a planning application to SHORTEN the runway.
Apparently if Peel can prove the airfield is not profitable they have an option to buy the land for £1.00 at the end of 2007 for conversion to a business park, which no doubt would net them a fortune. Already some of the terminal has been converted to office space. A local pilot who has been campaigning to promote the airport has been given notice to remove his aircraft next January. They also interviewed local councillors who accused Peel of running down the airport so they can promote Finningley.