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Old 21st Feb 2006, 12:44
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southender
 
Join Date: Jan 2005
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ALDERNEY

An article in yesterday's Echo (Local paper for Southend area) suggests that a South Essex businessman has bid £10m to operate Alderney Airport.

Terry Holding who owns one of the largest car salvage companies in the country has offered to inject the money over a five year period with the intention of building a new terminal and up grading facilities in return for a long lease on the airport.

With current losses of approx. £0.5m per year the scheme is apparently being backed by the Guernsey authorities who are looking to enter into a joint venture with Mr. Holding.

Mr. Holding, who operates a Piper Cub and Cessna from his own airstrip, is well known in local aviation circles for his banner towing activities over south Essex with politically motivated messages.

If this happens, could it be the start of big developments on Alderney?

Cheers

Southender
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