Britain’s Doncaster Sheffield Airport will close due to a lack of “tangible proposals” for its future ownership and financial viability.
Owner Peel Group Ltd. conducted a strategic review of the airport and will wind down services from Oct. 31, it said Monday. Peel pointed to high fixed costs and uncertainty over future income in saying it couldn’t responsibly accept an offer of public cash to keep the terminal running into next year.
According to data from Cirium, Doncaster Sheffield was the 26th biggest airport in the UK pre-pandemic. More than 1,800 departing flights were scheduled last year, with Wizz Air Holdings Plc its largest operator, followed by TUI AG. Wizz closed its base at the airport in June.