" Paraparaumu aerodrome is no longer needed"
That was the decision of the Swedavia Report roundabout 1988 , and following the report the airfield was sold for some 1.6 million dollars. These owners have not apparantly been able to make a profit, even with high landing fees, own airline???, and even a cafe!!!!.
The local story is that the new owners paid something in excess of 30 million dollars. This is only a rumour, but if it is only half correct some persons have done very well out of the Swedavia report. As the new owners are not a philanthropic society how are they going to get a return on their outlay?? certainly not operating that lump of land as an airport. Their core business is as land developers, now why would they buy an airport that is no longer needed??.
Prospector