Exeter Airport receives huge funding boost from…

Exeter Airport receives huge funding boost from Council to avoid it having to close
2020-10-04 22:24:00
A package of funding worth nearly £1million designed to ensure Exeter Airport can avoid the “worst case scenario” of closure has been unanimously backed by East Devon District Council’s cabinet. The combination of the collapse of Flybe, as well as the coronavirus pandemic, has led to the airport facing ruin.  Passenger numbers in May 2019 were 97,000 and in May 2020 the equivalent figure was just 9. From the beginning of the financial year to the end of the July passenger numbers dropped by 99.5% compared to the same period last year.  The Council approved a package of measures including a further deferral of £180,000 of business rate relief, forward-funding the airport’s share of the Long Lane enhancement scheme – nearly £750,000 – and to endorse the concept of a “sustainable aviation cluster” centred on Exeter Airport.  It is not clear that the money is enough to keep the airport going, and save the jobs of 96 employees.  It might eventually still need to close. East Devon District Council is expected to approve the measures. .Tweet   Exeter Airport receives huge funding boost to avoid ‘worst case scenario’ Flybe’s collapse and the coronavirus pandemic means the site is facing an existential threat to its future 1st October 2020 Devon Live A package of funding worth nearly £1million designed to ensure Exeter Airport can avoid the “worst case scenario” of closure has been unanimously backed. The combination of the collapse of Flybe, as well as the coronavirus pandemic, has led to the Airport facing an existential threat to its future, with passenger numbers down 90% year-on-year. East Devon District Council’s cabinet met on Wednesday night (September 30) and approved a package of measures to support the Airport which included a further deferral of £180,000 of business rate relief, forward-funding the Airport’s share of the Long Lane enhancement scheme to the tune of nearly £750,000 and to endorse the concept of a sustainable aviation cluster centred on Exeter Airport. Project director Andrew Wood, in his report to the

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