From todays FT:
London Southend airport is being put up for sale by its owners to finance its £35m ($69m) development as a sixth airport for London.
Regional Airports (RAL), which owns both Southend and Biggin Hill airports and is being advised by Opus, is developing plans for a railway station to open at the airport in 2009 and for the runway to be extended by 2011. A new terminal would be built in time for the 2012 London Olympics.
The local authorities of Southend and Rochford are promoting the development of the airport as part of the Thames Gateway urban regeneration scheme to develop the region to the east of London.
Several UK regional airports including Leeds-Bradford, Exeter, Bristol and Coventry have been bought by infrastructure and private equity funds.
London Southend once operated as the capital’s third airport but its use declined with the development of larger aircraft and restrictions on the use of its runway.
Prospects for an early redevelopment have been enhanced by plans to provide a 45-minute direct rail link with London’s Liverpool Street station.
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What it dose not say is that the majority of the airport is in side the distric of Rochford and is designated Green belt, Rochford Council are very very protective of green belt land and only on rare times have they given planning aproval to building on green belt, however the land itself is actually owned by Southend Council.
By: XL391 - 28th January 2008 at 17:54
Or bad if the new owners want her removed or ask for ridiculously high parking fee’s…
By: Peter - 28th January 2008 at 16:46
Could be good news with more people coming to look her over?
By: Nashio966 - 28th January 2008 at 15:26
From todays FT:
London Southend airport is being put up for sale by its owners to finance its £35m ($69m) development as a sixth airport for London.
Regional Airports (RAL), which owns both Southend and Biggin Hill airports and is being advised by Opus, is developing plans for a railway station to open at the airport in 2009 and for the runway to be extended by 2011. A new terminal would be built in time for the 2012 London Olympics.
The local authorities of Southend and Rochford are promoting the development of the airport as part of the Thames Gateway urban regeneration scheme to develop the region to the east of London.
Several UK regional airports including Leeds-Bradford, Exeter, Bristol and Coventry have been bought by infrastructure and private equity funds.
London Southend once operated as the capital’s third airport but its use declined with the development of larger aircraft and restrictions on the use of its runway.
Prospects for an early redevelopment have been enhanced by plans to provide a 45-minute direct rail link with London’s Liverpool Street station.
—————————————————————–
What it dose not say is that the majority of the airport is in side the distric of Rochford and is designated Green belt, Rochford Council are very very protective of green belt land and only on rare times have they given planning aproval to building on green belt, however the land itself is actually owned by Southend Council.
is this good or bad news for XL426? Cant be good by the sound of it
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January 28, 2008 at 2:30 pm