Durham Tees Valley Airport up for sale

Up for sale: Durham Tees Valley Airport

Up for sale: Durham Tees Valley Airport

First published in Business The Northern Echo: Photograph of the Author by

STRUGGLING Durham Tees Valley Airport has been put up for sale this lunchtime.

Peel Airports Limited has made the announcement today saying the airport "no longer fits its strategic plans".

In a statement, Peel said: "Peel Airports Limited has decided to sell the majority shareholding it holds in Durham Tees Valley Airport.

"As a consequence, PwC have been appointed to actively seek a buyer for these shares and to oversee any subsequent sale process.

"Peel Airports has made this decision as Durham Tees Valley Airport no longer fits within the company’s strategic plans for its portfolio of airports.

"Durham Tees Valley Airport will continue to operate as normal during this process with passengers due to travel over the coming weeks and employees based at the Airport unaffected by this decision. "

Peel Airports, which also runs Liverpool John Lennon and Robin Hood, at Doncaster, owns 75 per cent of the airport, with the six local authorities owning the remaining 25 per cent.

Stockton South MP James Wharton said: “Peel have a track record, having presided over the closure of Sheffield Airport which has since been turned into an industrial estate, we must ensure our local airport cannot be cast aside in the same way.

“When I raised concerns about the airport’s future earlier this week Peel refused to comment; now it is clear they have been planning this for some time.

“We want a vibrant and successful airport, Peel have failed to deliver that but it is important they are not allowed to cut and run. It is time for new investment and for the future success of this important facility to be taken seriously.”

Councillor Doris Jones, Darlington Borough councillor for Middleton St George, said: “People will be worried that it could become an industrial estate or even housing, we need urgent assurances that this is not going to happen.”

Today's announcement comes just days after the airport demanded the six local councils which hold a total 25 per cent share of the airport, for more funds or face a reduction in their shareholdings. It prompted fears the airport could close.

The airport has been plagued by the departure of many of its operators during the past five years. As a result, passenger numbers have dropped since 2006 when they peaked at 917,963 to a 35-year-low last year. Vancouver, which bought a controlling share in Peel Airports only 18 months ago, said increasing figures was one of its priorities since it came in.

Last year a £6 passenger facility fee was introduced in a bid to save it from closure and help to reduce losses.

In July, director Mike Morton left to “pursue new challenges”. He was replaced in September by Steve Gill.

Comments (34)

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12:14pm Wed 14 Dec 11

gary123 says...

Champion!
Move the football club, arts centre, civic theatre, council depot, and new sainsburys store there- sorted!
Champion! Move the football club, arts centre, civic theatre, council depot, and new sainsburys store there- sorted! gary123
  • Score: 0

12:24pm Wed 14 Dec 11

David Lacey says...

Closure is inevitable. Put it out of its misery now.
Closure is inevitable. Put it out of its misery now. David Lacey
  • Score: 0

12:28pm Wed 14 Dec 11

swissball says...

It was only a question of time! Nobody uses it, I live in Darlington and I'm flying to Tunisia next Wednesday from Newcastle, I would have loved to fly from Teesside airport, says it all really!
It was only a question of time! Nobody uses it, I live in Darlington and I'm flying to Tunisia next Wednesday from Newcastle, I would have loved to fly from Teesside airport, says it all really! swissball
  • Score: 0

12:41pm Wed 14 Dec 11

Dean M says...

swissball wrote:
It was only a question of time! Nobody uses it, I live in Darlington and I'm flying to Tunisia next Wednesday from Newcastle, I would have loved to fly from Teesside airport, says it all really!
Yes, this says it all. I agree with you, I think many local people would use it but it has to be at the right price and, more importantly, you have to be able to fly somewhere!
[quote][p][bold]swissball[/bold] wrote: It was only a question of time! Nobody uses it, I live in Darlington and I'm flying to Tunisia next Wednesday from Newcastle, I would have loved to fly from Teesside airport, says it all really![/p][/quote]Yes, this says it all. I agree with you, I think many local people would use it but it has to be at the right price and, more importantly, you have to be able to fly somewhere! Dean M
  • Score: 0

12:50pm Wed 14 Dec 11

chrisby33 says...

we all new this was going to happen with them cutting and running.

i just thank god that the local councils didn't give in to there earlier demands for more "investment money"

as the only place this money was going was to the boards back pockets and pension funds.
we all new this was going to happen with them cutting and running. i just thank god that the local councils didn't give in to there earlier demands for more "investment money" as the only place this money was going was to the boards back pockets and pension funds. chrisby33
  • Score: 0

12:55pm Wed 14 Dec 11

Jaga says...

Jenny Chapman, a person who masquerades as a serious politician, raised the sale of DTV Airport at PMQs today. First, she did not name the airport correctly, and then seemed to blame the Government. Whatever one’s views on the Government, the decline of DTV is not their fault.

If the airport cannot provide the flights, people cannot use it. I prefer DTV Airport as KLM can normally take me to wherever I want to go. No long haul down to Heathrow or Gatwick – or even Manchester. Unless airlines can be brought in, DTV is, as Private Fraser would say, “Doomed”. I will miss the airport when the inevitable closure comes.
Jenny Chapman, a person who masquerades as a serious politician, raised the sale of DTV Airport at PMQs today. First, she did not name the airport correctly, and then seemed to blame the Government. Whatever one’s views on the Government, the decline of DTV is not their fault. If the airport cannot provide the flights, people cannot use it. I prefer DTV Airport as KLM can normally take me to wherever I want to go. No long haul down to Heathrow or Gatwick – or even Manchester. Unless airlines can be brought in, DTV is, as Private Fraser would say, “Doomed”. I will miss the airport when the inevitable closure comes. Jaga
  • Score: 0

1:26pm Wed 14 Dec 11

MrMorden says...

Airport to be renamed TESCO. If it does becomes a wasteland people might confuse it with Stockton High street.
Airport to be renamed TESCO. If it does becomes a wasteland people might confuse it with Stockton High street. MrMorden
  • Score: 0

1:35pm Wed 14 Dec 11

MST75 says...

Well I guess the good people on Middleton ST George get what they want, no noise from an airport.... Let's see if they like having a immigration remand centre, or even another Massive housing estate like barwick cluttering up there village.
Well I guess the good people on Middleton ST George get what they want, no noise from an airport.... Let's see if they like having a immigration remand centre, or even another Massive housing estate like barwick cluttering up there village. MST75
  • Score: -1

3:20pm Wed 14 Dec 11

Chloe 123 says...

I use this airport as do most of my friends and family. However, we have used it less and less over the past few years due to the cut in destinations! The BMI flights to heathrow were cut and therefore if you needed to fly to London for work or get a connecting long haul flight the only option was to fly from Newcastle. When Ryan air subsequently left we lost the flight to Dublin. The only useful flight they have is to Amsterdam. Carriers should have been brought back to popular holiday destinations. How on earth did they think they could succeed with no destinations! This airport is a gem if only it can be saved and managed properly!
I use this airport as do most of my friends and family. However, we have used it less and less over the past few years due to the cut in destinations! The BMI flights to heathrow were cut and therefore if you needed to fly to London for work or get a connecting long haul flight the only option was to fly from Newcastle. When Ryan air subsequently left we lost the flight to Dublin. The only useful flight they have is to Amsterdam. Carriers should have been brought back to popular holiday destinations. How on earth did they think they could succeed with no destinations! This airport is a gem if only it can be saved and managed properly! Chloe 123
  • Score: 0

3:46pm Wed 14 Dec 11

Old Bogeyes says...

No good thinking of industrial estate,,no one will invest there !. No point in shopping centre,,to near teesside park. Oh well,housing estate it is then. Lets be honest,it was never a proper airport anyway.
No good thinking of industrial estate,,no one will invest there !. No point in shopping centre,,to near teesside park. Oh well,housing estate it is then. Lets be honest,it was never a proper airport anyway. Old Bogeyes
  • Score: 1

4:28pm Wed 14 Dec 11

gramps427 says...

This airport is an opportunity for some clever person with capital backing; it can be a vital tool in developing the Tees Valley now that Peel have decided to sell.
We need someone to bring in long haul flights to the BRIC countries as well as the usual holiday flights if we are ever to change the fortunes of our communities. Talk to the Chinese Airlines and look to link up with rail travel around the country; almost as quick as reaching the centre of London from Heathrow. There is no reason why Newcastle should prosper alone; we need all our political leaders Jenny included to bring this place to life.
This airport is an opportunity for some clever person with capital backing; it can be a vital tool in developing the Tees Valley now that Peel have decided to sell. We need someone to bring in long haul flights to the BRIC countries as well as the usual holiday flights if we are ever to change the fortunes of our communities. Talk to the Chinese Airlines and look to link up with rail travel around the country; almost as quick as reaching the centre of London from Heathrow. There is no reason why Newcastle should prosper alone; we need all our political leaders Jenny included to bring this place to life. gramps427
  • Score: -1

4:28pm Wed 14 Dec 11

gramps427 says...

This airport is an opportunity for some clever person with capital backing; it can be a vital tool in developing the Tees Valley now that Peel have decided to sell.
We need someone to bring in long haul flights to the BRIC countries as well as the usual holiday flights if we are ever to change the fortunes of our communities. Talk to the Chinese Airlines and look to link up with rail travel around the country; almost as quick as reaching the centre of London from Heathrow. There is no reason why Newcastle should prosper alone; we need all our political leaders Jenny included to bring this place to life.
This airport is an opportunity for some clever person with capital backing; it can be a vital tool in developing the Tees Valley now that Peel have decided to sell. We need someone to bring in long haul flights to the BRIC countries as well as the usual holiday flights if we are ever to change the fortunes of our communities. Talk to the Chinese Airlines and look to link up with rail travel around the country; almost as quick as reaching the centre of London from Heathrow. There is no reason why Newcastle should prosper alone; we need all our political leaders Jenny included to bring this place to life. gramps427
  • Score: -1

5:43pm Wed 14 Dec 11

stevegg says...

Peel Airports Limited has made the announcement today saying the airport "no longer fits its strategic plans" - or put in laymans terms there is no big profits in it. Any other business would have been left to go bust years ago, its only huge subsidies that are keeping it open - at a time of austerity?
Peel Airports Limited has made the announcement today saying the airport "no longer fits its strategic plans" - or put in laymans terms there is no big profits in it. Any other business would have been left to go bust years ago, its only huge subsidies that are keeping it open - at a time of austerity? stevegg
  • Score: 0

5:49pm Wed 14 Dec 11

Squid1 says...

gary123 wrote:
Champion!
Move the football club, arts centre, civic theatre, council depot, and new sainsburys store there- sorted!
Unbelievable !! Some of the quotes on here just show how uneducated people can be. Close the place....and increase the size of the dole queue..genius !! How about this, lets see if someone can turn the place around and put it back on the map like it used to be. Bring back the flights and increase the revenue, build the airport for the future. Lets see the locals show a bit of respect and not blame "the airport" for the problems which have arisen from bad management.
[quote][p][bold]gary123[/bold] wrote: Champion! Move the football club, arts centre, civic theatre, council depot, and new sainsburys store there- sorted![/p][/quote]Unbelievable !! Some of the quotes on here just show how uneducated people can be. Close the place....and increase the size of the dole queue..genius !! How about this, lets see if someone can turn the place around and put it back on the map like it used to be. Bring back the flights and increase the revenue, build the airport for the future. Lets see the locals show a bit of respect and not blame "the airport" for the problems which have arisen from bad management. Squid1
  • Score: -1

6:10pm Wed 14 Dec 11

spragger says...

If it had decent management, kicked the dead hand of the Councils into touch and did not have so many nimbys it would be viable
Its like anything in the NE has a death wish attached to it.
Unless its spending taxpayers money
If it had decent management, kicked the dead hand of the Councils into touch and did not have so many nimbys it would be viable Its like anything in the NE has a death wish attached to it. Unless its spending taxpayers money spragger
  • Score: 0

6:21pm Wed 14 Dec 11

ilexuk says...

Councillor Doris Jones
wy did u not help out with the poor bus and train time table,,,
,,,,,its a total joke,,,,
,more like u dont like the Noisy Neighbour,,.
lets see who votes for u next time ,,
Councillor Doris Jones wy did u not help out with the poor bus and train time table,,, ,,,,,its a total joke,,,, ,more like u dont like the Noisy Neighbour,,. lets see who votes for u next time ,, ilexuk
  • Score: 0

6:29pm Wed 14 Dec 11

xcta says...

It's a shame that the management there have done absolutely nothing to try and attract flights to the area. Well done Peel! Let's hope that something good comes of this and the airport offers flights to where people want to go.
It's a shame that the management there have done absolutely nothing to try and attract flights to the area. Well done Peel! Let's hope that something good comes of this and the airport offers flights to where people want to go. xcta
  • Score: 0

6:34pm Wed 14 Dec 11

OldAnth says...

Why doesn't Duncan B buy it - he keeps his jet there. Like the man or not, he is successful and could probably make passenger numbers soar. He would soon sort the Councils out - he could even re-name it back to 'Teesside International' - maybe some of his Dragons would put some £m in as well in exchange for free parking for their jets.
Why doesn't Duncan B buy it - he keeps his jet there. Like the man or not, he is successful and could probably make passenger numbers soar. He would soon sort the Councils out - he could even re-name it back to 'Teesside International' - maybe some of his Dragons would put some £m in as well in exchange for free parking for their jets. OldAnth
  • Score: 0

6:34pm Wed 14 Dec 11

OldAnth says...

Why doesn't Duncan B buy it - he keeps his jet there. Like the man or not, he is successful and could probably make passenger numbers soar. He would soon sort the Councils out - he could even re-name it back to 'Teesside International' - maybe some of his Dragons would put some £m in as well in exchange for free parking for their jets.
Why doesn't Duncan B buy it - he keeps his jet there. Like the man or not, he is successful and could probably make passenger numbers soar. He would soon sort the Councils out - he could even re-name it back to 'Teesside International' - maybe some of his Dragons would put some £m in as well in exchange for free parking for their jets. OldAnth
  • Score: 0

7:17pm Wed 14 Dec 11

kendizx9r says...

i don't think its going to last as an international airport, newcastle is only around 40 minutes from dtv area and have planes flying just about anywhere its too late for help, especially from the likes of bannantyne and co.
So what could the land be used for that might put some money back in the region, how about a motor race circuit it has the land for it and noise should not be a problem there are major roads and rail service to it and could always double up as an exhibition centre like the nec, you could always use one of the runways for private use to get to the facilities maybe a dragon would step in then.
p.s this might sound like pie in the sky but nothing much else is getting of the ground.
i don't think its going to last as an international airport, newcastle is only around 40 minutes from dtv area and have planes flying just about anywhere its too late for help, especially from the likes of bannantyne and co. So what could the land be used for that might put some money back in the region, how about a motor race circuit it has the land for it and noise should not be a problem there are major roads and rail service to it and could always double up as an exhibition centre like the nec, you could always use one of the runways for private use to get to the facilities maybe a dragon would step in then. p.s this might sound like pie in the sky but nothing much else is getting of the ground. kendizx9r
  • Score: 0

7:45pm Wed 14 Dec 11

always right says...

At last,,closing down. Good ridance to bad rubbish..the useless waste of space it is(was) ha ha ha.
At last,,closing down. Good ridance to bad rubbish..the useless waste of space it is(was) ha ha ha. always right
  • Score: 0

7:58pm Wed 14 Dec 11

pilchrat says...

Can I just add that despite DTV having a railway station on the Darlington to Stockton line no trains stop there!! Is it me or is that just stupid? I think the train is timetabled to stop there once each Sunday if at all now ...

I'm sure when planning where to travel on holiday from, one might choose an airport which has a train that stops there!

http://en.wikipedia.
org/wiki/Teesside_Ai
rport_railway_statio
n

What a JOKE! lol
Can I just add that despite DTV having a railway station on the Darlington to Stockton line no trains stop there!! Is it me or is that just stupid? I think the train is timetabled to stop there once each Sunday if at all now ... I'm sure when planning where to travel on holiday from, one might choose an airport which has a train that stops there! http://en.wikipedia. org/wiki/Teesside_Ai rport_railway_statio n What a JOKE! lol pilchrat
  • Score: 0

8:34pm Wed 14 Dec 11

capt manners says...

Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.
Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing. capt manners
  • Score: 0

10:23pm Wed 14 Dec 11

MSG says...

Sell the DTV airport and use the money to widen the Gateshead western bypass to allow people from Co.Durham quicker access to Newcastle Airport.
Plant a new Tees Valley forrest on the old airport runways and transform the terminal into a superstore.
Sell the DTV airport and use the money to widen the Gateshead western bypass to allow people from Co.Durham quicker access to Newcastle Airport. Plant a new Tees Valley forrest on the old airport runways and transform the terminal into a superstore. MSG
  • Score: 0

11:25pm Wed 14 Dec 11

melwilson says...

capt manners wrote:
Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.
Too right!!!
[quote][p][bold]capt manners[/bold] wrote: Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.[/p][/quote]Too right!!! melwilson
  • Score: 0

1:44am Thu 15 Dec 11

Old Bogeyes says...

capt manners wrote:
Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.
bogeyes @@ says your wrong. msg parish council,or any other parish council can object or place "obstacles" in the way of whatever they want,but they are a powerless waste of space,they have no more say on these maters than the WI does. These parish cretins are just wannabe busy body's,just plain idiots with too much time on their hands !.
[quote][p][bold]capt manners[/bold] wrote: Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.[/p][/quote]bogeyes @@ says your wrong. msg parish council,or any other parish council can object or place "obstacles" in the way of whatever they want,but they are a powerless waste of space,they have no more say on these maters than the WI does. These parish cretins are just wannabe busy body's,just plain idiots with too much time on their hands !. Old Bogeyes
  • Score: 0

7:44am Thu 15 Dec 11

John Justice says...

DTV has always seemed to be living on the edge. It has never had a wide variety of destinations for punters to fly to and having flown from there in the distant past, the destinations on offer do not appeal to me. This is the fault of the hard business decisions taken by holiday companies and other businesses. I also recall that some years ago, Doris Jones et al objected to the development of cargo flights into and out of the airport resulting in the loss of local jobs and an impact on the local economy . With that kind of support it is no surprise that we are seeing the demise of DTV.
DTV has always seemed to be living on the edge. It has never had a wide variety of destinations for punters to fly to and having flown from there in the distant past, the destinations on offer do not appeal to me. This is the fault of the hard business decisions taken by holiday companies and other businesses. I also recall that some years ago, Doris Jones et al objected to the development of cargo flights into and out of the airport resulting in the loss of local jobs and an impact on the local economy . With that kind of support it is no surprise that we are seeing the demise of DTV. John Justice
  • Score: 0

10:23am Thu 15 Dec 11

johnny_p says...

capt manners wrote:
Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.
Absolutely! I remember when all the local NIMBYs did their best to stop it becoming a huge air cargo hub. And now they're all crying because it's closing. Beggars belief!
[quote][p][bold]capt manners[/bold] wrote: Middleton St George parish council should hang there heads in shame. The amount of obstacles and objections they have put in the way of this airport developing.[/p][/quote]Absolutely! I remember when all the local NIMBYs did their best to stop it becoming a huge air cargo hub. And now they're all crying because it's closing. Beggars belief! johnny_p
  • Score: 0

9:41pm Thu 15 Dec 11

Squid1 says...

always right wrote:
oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.
Retard.....
[quote][p][bold]always right[/bold] wrote: oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.[/p][/quote]Retard..... Squid1
  • Score: 0

11:35pm Thu 15 Dec 11

Old Bogeyes says...

Squid1 wrote:
always right wrote: oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.
Retard.....
lol,,,i guess you are one of the useless airports ignorent and useless member of staff,,,,,,,,,,im so happy its finished,oh i forgot,your going to be finished aswell......lol. happy xmas.....lmao.
[quote][p][bold]Squid1[/bold] wrote: [quote][p][bold]always right[/bold] wrote: oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.[/p][/quote]Retard.....[/p][/quote]lol,,,i guess you are one of the useless airports ignorent and useless member of staff,,,,,,,,,,im so happy its finished,oh i forgot,your going to be finished aswell......lol. happy xmas.....lmao. Old Bogeyes
  • Score: 0

11:01am Fri 16 Dec 11

Mooochas says...

Old Bogeyes wrote:
Squid1 wrote:
always right wrote: oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.
Retard.....
lol,,,i guess you are one of the useless airports ignorent and useless member of staff,,,,,,,,,,im so happy its finished,oh i forgot,your going to be finished aswell......lol. happy xmas.....lmao.
another retard ...with a broken keyboard ...or an index finger stutter ;o) roflmfao
[quote][p][bold]Old Bogeyes[/bold] wrote: [quote][p][bold]Squid1[/bold] wrote: [quote][p][bold]always right[/bold] wrote: oh,i forgot to say goodbye to the ignorent,useless staff,and happy xmas to you all...lol.[/p][/quote]Retard.....[/p][/quote]lol,,,i guess you are one of the useless airports ignorent and useless member of staff,,,,,,,,,,im so happy its finished,oh i forgot,your going to be finished aswell......lol. happy xmas.....lmao.[/p][/quote]another retard ...with a broken keyboard ...or an index finger stutter ;o) roflmfao Mooochas
  • Score: 0

2:56pm Sat 17 Dec 11

Old Bogeyes says...

lol,,,well it wont be too bad for the ex airport staff when they have to go begging at the job centre,,because the staff in there are just as ignorent !. Should be a happy place for them,all muppets in one big muppet house,,,lol. Im loving this i am ;-)
lol,,,well it wont be too bad for the ex airport staff when they have to go begging at the job centre,,because the staff in there are just as ignorent !. Should be a happy place for them,all muppets in one big muppet house,,,lol. Im loving this i am ;-) Old Bogeyes
  • Score: 0

6:16pm Sat 17 Dec 11

johnny_p says...

Old Bogeyes wrote:
lol,,,well it wont be too bad for the ex airport staff when they have to go begging at the job centre,,because the staff in there are just as ignorent !. Should be a happy place for them,all muppets in one big muppet house,,,lol. Im loving this i am ;-)
It's not "all the staff". Mainly just security staff there who have a well known reputation for being as rude, difficult and obstructive as possible.

I'd like to know where the airport managers are. I've never seen them. Liverpool I guess?
[quote][p][bold]Old Bogeyes[/bold] wrote: lol,,,well it wont be too bad for the ex airport staff when they have to go begging at the job centre,,because the staff in there are just as ignorent !. Should be a happy place for them,all muppets in one big muppet house,,,lol. Im loving this i am ;-)[/p][/quote]It's not "all the staff". Mainly just security staff there who have a well known reputation for being as rude, difficult and obstructive as possible. I'd like to know where the airport managers are. I've never seen them. Liverpool I guess? johnny_p
  • Score: 0

6:18pm Sat 17 Dec 11

johnny_p says...

From the Peel Holdings website:

http://www.peel.co.u
k/activities/airport
s

Looks like Teesside is doing quite well eh?
From the Peel Holdings website: http://www.peel.co.u k/activities/airport s Looks like Teesside is doing quite well eh? johnny_p
  • Score: 0

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