PPRuNe Forums - View Single Post - DURHAM TEES VALLEY AIRPORT - 5
View Single Post
Old 8th Jan 2012, 19:14
  #1642 (permalink)  
SWBKCB
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,587
Received 94 Likes on 64 Posts
The BMI case was brought by Durham Tees Valley Airport Limited, part of the Peel Airports Group. Durham Tees Valley Airport Limited is owned 75% by Peel Airports Group and 25% by the Local Authorities (or it was 25% before the dilution exercise - presumably with the sale this isn't going ahead?). As stated above the Peel Airports Group is owned 65% by Vancouver Airport Services (now Vantage Airport Group) and 35% by Peel Holdings.

As the main business of Peel is property development (e.g. their behind the MediaCity development in Salford as well as many others), I would imagine their better able to deal with any compulsory purchase order type approach than your average pig farmer...
SWBKCB is offline