In a nutshell, BIH wishes to sell the Penzance site to raise capital for new aircraft. It agreed a deal with Sainsbury's and was intending to move the service to Lands End airport. The Isles of Scillies Steamship Co who own Lands End airport and from where Skybus operate Islanders and Twin Otters to St Mary's on the Scillies initially said yes and then no.
BIH now plans to build a new heliport parallel with and east of the A30/railway line just south of the railway station at St Erth and have published plans. They hope to move to St Erth in 2012 and the service will continue from Penzance until then