A COUNCIL leader has become the third to back a mayor's ambitious plan to buy one of the region's airports.

Councillor Bob Cook, leader of Stockton Borough Council, confirmed that he intends to vote in support of Tees Valley Mayor Ben Houchen's plan to bring Durham Tees Valley Airport into public ownership.

He joins Darlington Borough Council's Stephen Harker and their fellow Labour council leader from Hartlepool, Cllr Christopher Akers-Belcher, in publicly supporting the £40m scheme.

Cllr Cook said: “The Tees Valley Investment Plan is yet another product of the longstanding collaborative work of the five councils that established the Combined Authority.

“We’ve worked together constructively, maturely and for the good of the region for many years now and we’re very proud of this plan, which sets out how we will drive growth through investment in key sectors and sites, and in things like skills, infrastructure, culture and tourism.

“I’m like any other resident of this area in that I want to see the SSI site redeveloped and I want to see the airport succeed. A thriving airport can only be a great thing for local people, businesses and the economy.

“But with big investments come big risks – in this case the main concerns are the lack of a formal agreement with an experienced airport operator and the fact that the aviation sector is notoriously difficult and brutally competitive.

“There’s also the cost. Buying the airport and the land at the South Tees Development Corporation site will tie up a lot of money over a long period and that may hinder our ability to capitalise on other opportunities in the future.

“And I still firmly believe the redevelopment of the South Tees Development Corporation site should have been wholly-funded by Government and not paid for out of Combined Authority funds.

“But after listening to local people and weighing it all up, I’ve reached a decision that I’ll be voting in support of the investment plan.”

A crunch vote will be held on Thursday and needs the support of all five Labour council leaders, who make up the Tees Valley Combined Authority, to approve the investment strategy for the region.