Doncaster Sheffield Airport set to come into public ownership
The South Yorkshire Mayoral Combined Authority is set to purchase the Doncaster Sheffield Airport from its current landowner, Peel. The deal aims to bring the site into public ownership to foster regional growth and sustainable aviation.
Why it matters
The move represents a significant shift toward public control of critical infrastructure to stimulate local economic development and job creation.
Image caption, Doncaster Sheffield Airport is set to come into public ownership
Doncaster Sheffield Airport (DSA) is set to come under public ownership, with politicians on the cusp of agreeing a deal with landowner Peel.
South Yorkshire Mayoral Combined Authority (SYMCA) will buy the airport and adjacent Innovation Quarter employment land - totalling more than 1,000 acres - subject to the deal going through.
It means SYMCA would become the freehold owner and landlord to the City of Doncaster Council lease.
A lengthy report with the financial details will go before senior councillors next week, but SYMCA officers say the "project is not without risk to the taxpayer given the sums of public funding involved".
The proposals are subject to formal approval by the SYMCA board next week and with the agreement of the board of Peel Land.
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