The Business Secretary is looking again at a failed bid from Durham Tees Valley airport to win a 6 million pounds government grant.
The cash would fund a site development that may be critical to the airport's future
Two local MPs met Mr Cable, after the airport lost out on the funding last month.
It comes at a time when there has already been a measured drop in passenger numbers, and warnings over the airport's sustainability.
More top news
The chairman of the Labour Party, Ian Lavery, received £165,000 from the 10-member trade union he ran, according to a report.
Geordie singer Cheryl Tweedy has described her first experience of motherhood as "the best six months of my life".
Academy Award winner Sam Smith has announced his 2018 UK Arena Tour – his biggest headline shows to date.