Robin Hood Airport losing £1m a month
11.07.08
Robin Hood Airport is losing around £1 million a month, the Sheffield Telegraph reports. The news came as bosses at the hub urged South Yorkshire's politicians to support the business.
The airport said that they have been hit by a series of financial hurdles including tax hikes and rises in fuel and security prices, but they believe the losses are short term and stressed they were optimistic about the future.
Neil Pakey, deputy chief executive of the Peel Airports Group which own Robin Hood, said: ‘Peel have invested £100 million pounds in developing the region's airport. With over a million passengers a year, we remain optimistic about the airport's future and the opportunities available for further growth.'
‘We have recently recruited three directors to the business with two of these focused on further developing the airline and cargo markets. We cannot do it alone though and urge the regional stakeholders and politicians to continue to support us.’
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