Major week for the future of Durham Tees Valley Airport

As reported by Tees Business on Tuesday, Tees mayor Ben Houchen has agreed a deal to take Durham Tees Valley Airport back into public ownership after agreeing a £40m deal with owners Peel.

But the five Labour council leaders need to rubber-stamp the agreement in January – and some quarters of the opposition have already voiced their disapproval.

See three links below to the various articles covering the story.

Meanwhile, we carried out a survey on Twitter, asking if followers think Houchen is right to push ahead with buying the airport back for £40m, or do you agree with council leaders it’s a vanity project?

So far, 81% voted ‘money well spent’, 12% voted ‘vanity project’ and 7% voted ‘not sure’.

It remains to be seen whether Houchen can push the deal through by January, but it appears he has the backing of most businesses.

It promises to be an interesting six weeks or so.

Mayor agrees terms to buy airport and land in £40m deal

A ‘once-in-a-generation opportunity’ says Tees mayor

‘An awful lot of questions need to be answered’ says Shadow Transport Secretary

 

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