News 12.12.14


RiverOak Investments responds to Council meeting and DfT review of submission

RiverOak Investment Corp is naturally disappointed with the result of last night’s meeting, however we welcome the Department for Transport’s offer to review our submission to underwrite all Thanet District Council’s financial and legal risks relating to the CPO of Manston Airport and our business plan for the airport’s future.

We have waived confidentiality to allow this to take place and will make ourselves available to provide any further information, or answer any questions the government may have.

RiverOak remains wholeheartedly committed to becoming the Council’s partner and we are confident that the DfT review will satisfy the council of our suitability so that we may refocus our joint efforts on reopening the Manston Airport as soon as possible.