Kent Airport creditors to attend meeting
02.11.05
Investors in the company which owned collapsed budget airline EUjet and Kent International Airport were to find out whether they will get any money back at a meeting yesterday.
PlaneStation shareholders, many of them Kent residents who bought into the former RAF Manston Airport, are due at a creditors' meeting. The company went into administration in July after its bankers pulled out because of low passenger numbers. About 5,000 passengers were stranded abroad and hundreds of jobs lost.
PlaneStation, formerly called Wiggins, bought Manston from the Ministry of Defence in 1999 and spent millions upgrading it. The company also developed the nearby Kent International Business Park. Airports operator Infratil bought Manston for £17m in August and began running freight and passenger flights the following month.
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