The Tees Valley Combined Authority is exploring options for the ownership and operation of Durham Tees Valley Airport (DTVA), amid continuing uncertainty about its future.
Peel Airports became the majority shareholder in the airport in 2003 and now owns 89 per cent of the shares with the remaining 11 per cent owned by six councils (Durham and the five Tees Valley unitaries).
The Combined Authority says a £7.5m investment by Peel helped grow passenger numbers to 900,000 in 2007...
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