A point about Peel made on another thread
I noticed this point made about Peel on another airport thread.
Peel certainly know how to play the system.
EGCA mentions a few details on the Glocestershire Airport thread about what happened at Sheffield Airport:
Quote: "Eventually in around 2002 Peel Airports became involved, at about the time they were developing Doncaster/Finningley, some will say therefore that Peel had little incentive to develop EGSY.
There was also controvesy at the time regarding a 10-year reversionary clause in the original land sale agreement whereby the land could be bought back for a nominal £1 if the airport was shown not to be financially viable.
Anyway as they say, the rest is now history, and as far as I am aware the proposed business park on the site has not (yet) been built." End quote.
Its a case of dejavu with Peel and how they can run rings around local councils who own the various airports.