PPRuNe Forums - View Single Post - Blackpool airport just lost another business user!
Old 20th Jul 2005, 10:35
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Minty Fresh
 
Join Date: Jan 2005
Location: England
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morris1

Sheffield has never been owned by the council - the land is leased from a company that has the option to buy the lease for £1 after 10 years.

This time scale has now been reduced but the £1 value does not take into account the huge losses suffered by the Airport over the past 7 years.

However, notwithstanding those losses still good business for BOTH companies that jointly own the Airport (Peel only moved in 2002)

But the mis-management is legendary amongst the operators there.

Ah well - will all be a dim and distant memory once the bulldozers move in shortly!!!
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