I was looking at it from a purley GA point of view. I know that there have been a few carriers in there trying commercial operations over the years who seemed to have doen reasonably well from the government hand outs but not that well as a purely commercial entity. the proximity to Cardiff and Bristol (and even London with the M4 and intercity rail links) will always mean it will be a difficult struggle to compete. And road access is not great, you are quicker to go from Port Talbot to Cardiff than you are to Swansea!
As far as I am aware the Parachute Club is still operating and doing well.
It would be a crying shame to have another airfield close especailly in the South Wales area as they are not exactly abundant.
Can anyone form Swansea updte us?