Following the conclusions of an independent expert report regarding Manston Airport at tonight's Cabinet meeting (Thursday 31 July) Cabinet have agreed the following:
· The commissioned viability report will be shared with the airports owners.
· Cabinet will instruct officers to proceed to Stage 2 of the viability assessment to develop a high level Business Plan – which would be necessary to support the Local Plan process and any potential future procurement for an appropriate investor/partner.
· Cabinet will also instruct officers to undertake a market testing exercise to establish the level of interest, in line with the conclusions in the independent report – before starting a full procurement process.
The preliminary findings of an independent report (Stage 1) which consider the viability of Manston Airport were discussed by Cabinet members at this meeting.
The report, commissioned by Thanet District Council and undertaken by aviation industry experts Falcon Consultancy Limited, looks at the past operation of the airport and explores the potential activity needed for it to successfully operate in the future.
A decision regarding compulsory purchase of the airport will not be made until an Indemnity Partner is identified following the procurement process.
This week’s meeting follows receipt of a petition presented to Full Council on Thursday 10 July calling for the council to CPO the airport.
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