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TWO of the region’s council leaders have given their backing to a new long-term rescue plan for Durham Tees Valley Airport, which could see land sold for up to 400 houses at the site. Six local authorities - Darlington, County Durham, Stockton, Middlesbrough, Hartlepool and Redcar and Cleveland – are minority shareholders in DTVA, which is majority owned by the Peel Group. ...

The airport slumped to a £3.6m pre-tax loss in the 12 months to March this year as it suffered a further slump in passenger numbers. The deficit compared with a £6.8m profit in the previous year. Bad weather and slow recovery in the UK economy were blamed for a 12% plunge in passenger numbers from 192,488 to 168,756. At its peak in 2006 the airport, which last month an...

Airport bosses should make a third attempt at securing Whitehall cash towards their regeneration plans, a Teesside MP has claimed. MP for Sedgefield Phil Wilson says the Government needs to play its part in keeping Durham Tees Valley Airport (DTVA) going, despite two failed bids by its owners for Regional Growth Fund (RGF) cash to pay for road infrastructure. Meanwhile, B...

Following an extensive review of its business, Durham Tees Valley Airport has today announced the first steps toward repositioning itself for the future. Scheduled daily passenger flights to Schiphol (Amsterdam) operated by KLM and flights to Aberdeen operated by Eastern Airlines are not affected and will continue as normal, protecting the region’s connectivity to key global...

Deal means that helicopter which serves Teesside willl remain based at DTVA - and airport will fund a new hangar. The National Police Air Service (NPAS) is to have a new tailor-made hangar at Durham Tees Valley Airport. It means that the airport will remain the base for Teesside's police helicopter for the next five years. It comes after an agreement earlier this year wh...

AN international firm, which runs a fire training business at a North-East airport, has re-affirmed its commitment to the troubled aviation base despite a major Government funding snub. Serco says it will invest in its Teesside International Fire Training Centre at Durham Tees Valley Airport, even though ministers rejected a £4.65m bid in July to hand the airport a vital lif...

Durham Tees Flight Training (DTFT), has acquired St George Flight Training based at Durham Tees Valley and Newcastle Airports. St George Flight Training has operated very successfully across the region since 1993 and is approved by the Civil Aviation Authority to teach courses for both the commercial pilot’s licence and instructor rating. Following the retirement of St Geor...

World Duty Free Group which runs the Durham Tees Valley Airport duty free shop is to end operations at the airport in October. The firm which runs the duty free shop at Durham Tees Valley is bailing out of the airport. World Duty Free Group (WDFG) has issued redundancy notices to eight staff at the shop, giving them three months notice. The airport confirmed today that t...

Durham aircraft recycling business, Sycamore Aviation, has secured over £750,000 in capital investments to grow the business. The package comes from a syndicate of investors led by FW Capital, which made a £700,000 equity investment from the North East Growth Plus Fund. It will fund the acquisition of aircraft for parts salvage as well as the company’s expansion into the ...

Durham Tees Valley Airport has failed in a second bid to secure government cash to support its expansion plans. The airport was seeking £4.65m from the regional growth fund (RGF) to build a new access road and develop a business park to the south of its runway. Bosses at airport owners Peel Group said it was "extremely disappointing" news. Ten projects around the north...