Council leader Rob Stewart said: "Our successful talks in this complex matter mean that we're now in a position to install a temporary new leaseholder - the Swansea Airport Stakeholders' Alliance.

Being quite distant from any major routes and having to use mainly suburban roads, it takes approximately 20 minutes to reach from the nearest M4 junction.

The aerodrome became a sector station in October 1941, taking on the responsibility for the air defence of South and West Wales including shipping in the Bristol and St George's Channels.

Renamed Swansea Airport, it was officially opened on 1 June 1957 with Cambrian Airways inaugural flight arriving from Jersey.

However, for a period at the end of the 1970s Air Anglia flew a Piper PA-31 Navajo Chieftain on a year-round scheduled service linking Norwich and Newquay via Birmingham and Swansea.

In April 2000, Swansea entrepreneur Martin Morgan via his company Jaxx Landing Ltd., bought the remaining lease.

After 18 months of operation, Air Wales's owner Roy Thomas had invested more than £3.25 million of his personal fortune into the airport.

The final straw came when the United Kingdom Civil Aviation Authority demanded that the airport's landing lights be improved at a cost of £350,000.

conducting studies into improving the facilities at the airport as part of the transport infrastructure development strategy for the whole of Wales.

Development proposals include: a new terminal building, new hangars, upgraded operating facilities, new fencing and a new access road.

[citation needed] The airport website does not rule out aircraft chartering to/from Swansea, although being an unlicensed aerodrome, this would be at the operators' own risk and subject to insurance conditions.