Latest news with #JasonIvey
BBC News
18-06-2025
- Business
- BBC News
Preferred buyer found for Gloucestershire Airport £25m sale
A preferred bidder has been found to buy a £25m airport and attract new City and Cheltenham Borough councils jointly own Gloucestershire Airport, which was put up for sale in October last identify of the bidder, who is set to take over the 350-acre site at Staverton, is yet to be City Council leader Jeremy Hilton said the bidder "shares our vision of modernising the airport and bringing real benefits to the area and to local people". The airport is mainly used for private and commercial flights, training and clubs - and brings in more than £50m each year to the local the councils will vote separately on 26 June on whether to approve the preferred bidder and move the proposal City Council said part of the plans include expanding the site's business Borough Council leader Rowena Hay said: "We recognise the significant contribution that the airport makes to the regional economy and now is the right time for a new owner to drive this forward.''Jason Ivey, managing director at Gloucestershire Airport, said: "This not only secures current jobs, but also lays the foundations for new jobs creation and infrastructure development."Part of the sale of the airport, which was built in the 1930s, will be used to pay off any outstanding debts to the two councils from a recent refurbishment of the site.
Yahoo
01-06-2025
- Business
- Yahoo
Airport boss says site will not be 'sold for housing'
The managing director of a £25m airport which is up for sale has dispelled concerns small operators are being "pushed away" and "the site will be sold for housing". A decision on the sale of Gloucestershire Airport, which is jointly owned by Cheltenham Borough and Gloucester City Council, is due in late June. The Local Democracy Reporting Service said there had been concerns over the years the site, once sold, could be carved up for housing. It added people working at the airport had expressed their concerns over rising costs and fears there was a concerted effort to get small operators off the airfield. Jason Ivey, managing director, rejected the claims and labelled them "mischief making". More news stories for Gloucestershire Listen to the latest news for Gloucestershire He explained that landing fees had increased because the airport was running at a loss and could not afford such cheap rates. Mr Ivey, who has also been in talks with potential buyers for the site, also said there would be strong clauses which would prevent the site from being used for anything other than aviation. "The people running the airport are currently trying to get all the small operators off the airfield and run down the business most likely so they can sell off the land for housing development," an airport worker, who did not wish to be named, said. She said small flights schools had concerns and feared some of the aviation schools would no longer be able to operate there. "It's killing the small businesses. It's getting to the point where it's very ridiculous." Mr Ivey refuted those comments. "It's disappointing to see that," he said. "We don't want to run the operators off. Are we making changes which are not always palatable, yes, we are, but we absolutely aren't trying to force people out." Mr Ivey said the airport is being sold as a going concern and there will be requirements in the sales particulars which will prevent or massively deter anyone from operating anything there other than an airport. He said he believed there would be a clause in the sale which would mean if the new owner tried to do anything other than keep it as an operational airport there would be financial penalties. He added the airport had financially assessed all of the would-be bidders and had streamlined it down to two preferred bidders. Follow BBC Gloucestershire on Facebook, X and Instagram. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. Airport's £25m sale to wipe debt to two councils 'Vital' airport being sold to help site grow Runway to close for new business park Local Democracy Reporting Service
BBC News
01-06-2025
- Business
- BBC News
Gloucestershire Airport site will not be 'sold for housing'
The managing director of a £25m airport which is up for sale has dispelled concerns small operators are being "pushed away" and "the site will be sold for housing".A decision on the sale of Gloucestershire Airport, which is jointly owned by Cheltenham Borough and Gloucester City Council, is due in late Local Democracy Reporting Service said there had been concerns over the years the site, once sold, could be carved up for housing. It added people working at the airport had expressed their concerns over rising costs and fears there was a concerted effort to get small operators off the Ivey, managing director, rejected the claims and labelled them "mischief making". He explained that landing fees had increased because the airport was running at a loss and could not afford such cheap Ivey, who has also been in talks with potential buyers for the site, also said there would be strong clauses which would prevent the site from being used for anything other than aviation."The people running the airport are currently trying to get all the small operators off the airfield and run down the business most likely so they can sell off the land for housing development," an airport worker, who did not wish to be named, said small flights schools had concerns and feared some of the aviation schools would no longer be able to operate there."It's killing the small businesses. It's getting to the point where it's very ridiculous." Mr Ivey refuted those comments. "It's disappointing to see that," he said."We don't want to run the operators off. Are we making changes which are not always palatable, yes, we are, but we absolutely aren't trying to force people out."Mr Ivey said the airport is being sold as a going concern and there will be requirements in the sales particulars which will prevent or massively deter anyone from operating anything there other than an said he believed there would be a clause in the sale which would mean if the new owner tried to do anything other than keep it as an operational airport there would be financial added the airport had financially assessed all of the would-be bidders and had streamlined it down to two preferred bidders.
