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
Former Tyne Tees presenter Andy Kluz has published his first book, a dramatic alternative history novel set in the 11th century.
Prime Minister Theresa May will officially launch the South Tees Development Corporation on Wednesday.
Spells of rain will bring a fresher feel tomorrow.