Plymouth Airport runway deal agreed
7.4.2008 (UK Airport News)
agreed between the city council and Sutton Harbour Group.
clause in its lease which allows it to sell off one runway and redevelop the land
to reinvest in the airport. The company says it has concluded negotiations with
Plymouth City Council for a ‘ground-breaking agreement which protects both the
current operations and future development aspirations of Plymouth City Airport’.
the detail of the agreement, but a statement said it ‘paves the way for the innovative
use of the airport and adjacent land for mixed-use development, and for improvements
to the airport’s facilities and services.