Skip, good points, but raises the classic Catch 22. Airport=passengers. Passengers=facility to transit them. Government focus=passengers. If you remove the large cost drain (Passenger Terminal), you remove the passengers. The only show in town re passengers is RYR. RYR=no revenue. A classic conundrum, for anyone, and that includes the new Mgt team. Ideally a very hungry FBO to run it may work, but not sure that is on the radar.
The strategic focus would be on a freight hub, taking as much of everything else as is possible. However, 6 movements a day, as borne out by the beginning of this month, it would need to be a very low cost base. My understanding is that the local council/government, still require business rates to be paid????? Not sure the detail here.