Post
by EGVP » Wed May 28, 2014 11:59 am
It's owned by Ann Gloag, co-founder of the Stagecoach Group. She bought the airfield a while back for £1 when it was losing money hand over fist. Revenue improved, and I believe it was actually profitable for quite a lot of her ownership, but she's now decided to rake in the £££ by selling it. However, having said that, £5m wasn't enough for her, so it will no longer be an airfield. I think a £9m "garden city" is the latest plan - because obviously Thanet needs more houses and less jobs...