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09 May 2011 10:31
Plymouth City Airport is to close later this year, it has been announced
Plymouth City Airport will close by the end of the year after suffering a series of financial losses, its owners have confirmed.
The Sutton Harbour Group property firm said the Plymouth hub, which faces fierce competition from larger local airports at Newquay and Exeter, was no longer financially viable.
Airline Air Southwest - which was based at the airport and owned by Sutton Harbour - was sold off last year and its new owner, Hull-based Eastern Airways, ended a number of routes from Plymouth, forcing local regular fliers to look further afield for flights on top of hotel and
travel insurance costs.
Sutton Harbour Group chief executive Nigel Godefroy said: "During our 11-year involvement with Plymouth City Airport we have done everything in our power to make it a success, even launching our own regional airline. So this has been an incredibly difficult decision, given the efforts by so many, including our own staff, to give the airport a future.
"We have always fought for Plymouth's air links and sought to do our best for the city and its people, our employees and shareholders, but the usage of the airport simply does not support the high cost of operation."
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