Flights from Shoreham Airport in West Sussex were able to commence as scheduled yesterday (April 15) after the airport was reopened.
Flights were grounded on Monday after the Erinaceous Group – which had owned the airport – went into administration, meaning the airport was not allowed to operate because of legal and insurance reasons.
However, Albemarle Shoreham Airport Limited, owners of the commercial buildings at Shoreham, bought the group’s interest on Tuesday.
A spokesman told the BBC: “Albemarle remains committed to the regeneration of the airport in accordance with the vision of the joint owning councils, when the airport was originally sold in June 2006.
“The airport reopens for business immediately and we are delighted this has taken place within one day of it going into administration.”
The Erinaceous Group, which folded with debts of a quarter of a billion pounds, has appointed KPMG as administrators.
