I note that in Plymouth, the company running the airport has basically given up, and decided to close the airport.
What are the formal commercial and legal barriers to Peel / VAS doing the same thing and selling the land for alternate use such as an industrial park, retail development or housing ? Are there, for example, any commercial contracts which forbid this ? Perhaps planning laws or the MoD require the airport to be functional ? Anything else ?
I don't wish to see MME close, but am curious as to how strong a hand the airport supporters have, if the boards of Peel or VAS decide they've had enough