Following a meeting with staff this morning, I can confirm the collective consultation has failed to identify a viable alternative that would allow the airport to remain open.
Proposals put forward by staff were carefully considered by the management and owners but these proposals would still have required ongoing substantial losses be subsidised and therefore were not viable.
In the absence of other options, the decision has been taken to close the airport on the 15th May...
More top news
Bernard Ross, 51, the ex-TV boss for European football's governing body, left his home in Oxford in October without his phone or wallet.
Monday afternoon's forecast for the west of the region
Monday afternoon's forecast for the east of the region