RiverOak acquires Manston Airport from Stone Hill
Stone Hill Park has sold its interests in the defunct Manston Airport site to RiverOak Strategic Partners. Contracts for the former airport, which closed in May 2014 were exchanged on 2 July and completion of the purchase is expected to take place early next week. The site is subject to a Development Consent Order, examining […]
RiverOak opens consultation to revive Manston as a cargo hub
RiverOak Strategic Partners has opened its consultation on proposals to revive Manston Airport as an airfreight hub with associated business aviation and passenger services. Manston closed in May 2014 and has since been sold with plans to redevelop the site, but there has been a strong local campaign to reopen it. US based RiverOak Investment […]
RiverOak to hold meetings to reopen Manston as airfreight hub
RiverOak Strategic Partners is to hold seven public consultation events as part of a six-week consultation period to reopen Manston Airport as an airfreight hub. Manston Airport was closed in May 2014 and there has been a local campaign to reopen it. US firm RiverOak Investment Corp had offered to act as an indemnity partner […]
RiverOak launches joint venture to reopen Manston Airport
RiverOak Strategic Partners has taken all financial operational responsibility for the Development Consent Order (DCO) to reopen and operate Manston Airport. Manston Airport was closed in May 2014 and since then there has been a long running local campaign to reopen it. The site has been sold to developers but RiverOak Investment Corp attempted to acquire […]
RiverOak brands Manston report “irrelevant” and “thin on evidence”
The US investment firm attempting to purchase Manston Airport with the plan to reopen it as a cargo hub has branded a report describing it as “unviable” as “irrelevant” and “thin on evidence”. RiverOak Investment Corp has been attempting to purchase the airport which closed in May 2014 as an indemnity partner with the local […]
Reopening Manston “very unlikely to be financially viable”
Manston Airport is “very unlikely to be financially viable in the longer term and almost certainly not possible in the period to 2031” according to a report by aviation industry experts, AviaSolutions. The airport, which closed in May 2014 has been subject to a long running campaign to reopen it, with US investment firm RiverOak […]
War of words flares up over Manston night flights
A war of words has flared up as the US investment firm attempting to acquire Manston Airport dispute claims made by a campaign group about the potential for night flights. RiverOak Investment Corp has been trying to acquire the site since it closed in May 2014, and has been trying to use a development consent […]
Manston Airport CPO rejected again
Manston Airport will not be subjected to a compulsory purchase order (CPO) after Thanet District Council rejected the plans, saying plans by the indemnity partner, RiverOak Investment was insufficient. The council had deferred the decision to carry out the CPO in December 2014, but when the UK Independence Party (UKIP) took control of TDC in […]
