Is it the end for hopes of reopening Manston Airport? Last night, councillors from Thanet District Council - elected earlier this year on a promise to get planes flying again, admitted that any reopening of the airport was not going to happen any time soon.
Specifically, a Compulsory Purchase Order, or plans to use a compulsory purchase of the airfield, were scrapped. The same councillors told us today, that they had not abandoned their vision - but were exploring new options.
Meanwhile, 18 months after the place was mothballed, airport developers say the council's wasting time and money. Derek Johnson has our report.
The interviewees are: Cllr Chris Wells, Leader, Thanet District Council, UKIP; Niall Lawlor from RiverOak Investments; Ray Mallon, spokesman for Stone Hill Park owners Trevor Cartner and Chris Musgrave.
The investment firm that had been in negotiations with Thanet District Council over a Compulsory Purchase Order of the Manston Airport site, has expressed its disappointment that the plan has been shelved.
Last night councillors from Thanet District Council met. They said they had postponed plans to buy and reopen the former airport in Kent. They added that the decision followed legal advice that their proposals were not financially sound.
Niall Lawlor from RiverOak Investment Corp. said the firm is going to carry on pushing for the project to go ahead.
Meanwhile the current owners of the airport say they will press ahead with plans for a housing and business development.
Thanet District Council has postponed plans to buy and re-open the former Manston Airport site in Kent.
Councillors met last night having had legal advice that their proposals were not financially sound. But executives from RiverOak, a US investment corporation which backs the reopening of the airport, say they're determined to carry on with their plans.
He may have lost his bid to become an MP, and even resigned as UKIP leader yesterday because of it - but Nigel Farage had time today to hail more successful UKIP colleagues. More than thirty of them have been elected as councillors for Thanet District Council in Kent.
Twenty-nine UKIP councillors have been voted in so far during the Thanet District Council local elections.
The party itself put out a message on social media - congratulating its councillors for being part of the UK's first UKIP-controlled local authority.
Thanet in Kent is where where Nigel Farage, the former UKIP leader, stood as a candidate for the Thanet South constituency in the General Election. He stepped down as party leader on Friday after failing to win.
It's been reported that American investment firm RiverOak has offered to help Thanet Council buy Manston Airport in Kent.
The offer is believed to have come to light in a letter from the CEO, offering the council support for a possible compulsory purchase order of the site. The airport closed in May with the loss of 150 jobs.
Former Labour leader of Thanet Council, Clive Hart, has resigned using Twitter and Facebook to express his political frustrations with his opponents.
The leader of Thanet District Council has resigned this morning. In a letter sent out overnight, Councillor Clive Hart said it had been an honour to represent an area he adored. He thanked Thanet residents and the district council staff for a once in a lifetime experience.