London Southend Airport - Wikipedia, the free encyclopedia
In 1993, after the airport had been making losses for many years, Southend Borough Council sold the airport to Regional Airports Ltd
http://www.southendairport.com/stobart-group/
Stobart Group owns and operates London Southend Airport and Carlisle Lake District Airport where passenger growth is the focus
Now I am confused. So how long is the lease?
Edit
http://www.southend.gov.uk/info/2001...uthend_airport
Southend Council owns the freehold of the airport, but it has been leased since 1994 to London Southend Airport Company Limited, which is now a subsidiary of the Stobart Group.
What is freehold?
If you own the freehold, it means that you own the building and the land it stands on outright, in perpetuity. ”
So what does Stobart actually own at Southend? Strange that they think they own the airport