Newquay Airport Sale
If Cornwall Council sell Newquay Airport presumably that would be on cash-free debt-free basis, freehold, not leasehold. If so, what's the deal on all those tens of millions they received in EU funding? Does that all have to be repaid by the buyer or by Cornwall Council? Likewise is a buyer oblidged to pick up all the Newquay staff under TUPE with all those public sector obligations, pensions etc? Any due dilligence on this opportunity would need to be a fine toothcomb job. Assuming Plymouth is shut down in December there's a small glimmer of hope for more to happen at Newquay but the cost of running and maintaining all that infrastructure over the years doesn't stack-up as a small regional airport - needs peripheral revenue as a business park with property income, a little bit easier now with their enterprise zone status, but those beneffits don't last many years.
What's the honest drive time between Newquay Airport and Exeter Airport?