Doncaster Sheffield airport to shut down due to 'lack of revenue, high operating cost', read details

Peel Group, the current owners of the Airport Doncaster Sheffield, acknowledge that the project was not achievable due to a lack of financial inflow and high operating costs.

The company has informed no closure date, but they will be gradually laying off flights coming into the Airport from October 31.

Negotiations with employees are going on as more than 800 people have to be laid off, and around 2700 people would be set aside from the suppliers.





The Chairman of Peel Airports Group is worried about the high operating costs and the lack of funds being infused into the business but said he cared deeply about the employees. The discussions would be going on in the next few weeks with the employees, which he also understands is a difficult path for everybody.

The reasons for low business are mainly the pandemic, to begin with, a shortfall of passengers, and Wizz Air discontinuing services from the Airport. Currently, Tui is the only airline to operate from the Airport.
Mr. Coppard of South Yorkshire Mayoral Combined Authority offered money to the Peel Group, saying they would keep running the Airport if they cared about issues. The Mayor's team hoped the Peel Group would accept the offer and run the place for another year.

Peel Group Chief Executive Steve Underwood believed that if they took the money on offer, they could run for 13 months, but it would just postpone the inevitable. The main reason for financial viability was not being addressed, he felt. The company planned to reinvest in job-creating alternatives with the region's £1.7 billion Gateway East development project. He believed that his company would work better by collaborating with the community in South Yorkshire and thereby attracting future tech businesses in that area.

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