AIRPORT chiefs will this week be urged to back a partnership aimed at strengthening the position of the North-East's biggest airport.
The Public Private Partnership (PPP) will be between Newcastle International Airport and Copenhagen Airport.
The deal, which will be discussed by Durham County Council's executive committee on Thursday, involves the sale of a 49 per cent equity interest in the airport, and a technical services agreement.
Copenhagen was chosen from two bidders which submitted final offers, on March 2.
As a potential partner, Copenhagen Airport has emphasised a commitment to the strengthening of Newcastle Airport as a successful and expanding airport, as well as to regional economic development.
Copenhagen is one of Europe's largest airport companies and operates the main hub in Scandinavia.
A final decision on whether to proceed with the PPP will be taken by the end of April.
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