I have to say, talk of a property developer buying the land and houses springing up smacks a little bit of uneducated pessimism. Less than half a mile from the airport, within the bounds of a village, with existing transport links lies a huge swathe of brown-fields land. For years now the old motorworks at Ryton has remained little more than a pile of rubble. No houses have sprung up.
The aviation business is suffering a downturn, but nothing like the collapse in the housing and building industry.
This is a huge financial decision by a (hopefully) competent company. They must ensure the rot caused by dire mismanagement by the previous encumbants is completely rooted out. The must talk to their boards and investors.
No real business was done between closure in Dec and the beginning of the New Year. Poor weather a fortnight ago would also have slowed thing down.
They are not making a simple decision between 'Cheese and Onion' and 'Salt and Vinegar'. This will take time, it will be confidential, but we all hope they will pull it off.
Oh, and bright side - aviations slowest month(s) of the year. Could've been July
