Commercial flights from Blackpool airport have been deemed as unviable in a report compiled by aviation experts.
York Aviation analysed the market to assess how likely it is that commercial air services might be re-introduced after an absence of two years
The firm looked at a number of holiday routes operating on an annual or seasonal basis that could theoretically sustain passenger levels to justify services to rival competition from the likes of Manchester, Liverpool and Leeds Bradford airports.
The report suggests that the total anticipated market for passengers from the region is estimated at 250,000.
But such volumes at Blackpool would require high levels of investment in new terminal facilities, security, operational equipment and staffing, the cost of which would far outweigh the income generated and could see an annual seven figure financial loss.
Around 1.5 million passengers a year would be needed to justify the level of investment required to support a full-scale return of mainstream passenger services.
Historically, the maximum annual passenger numbers at Blackpool airport peaked at 700,000.
The report summarises that on that basis commercial passenger services have been deemed unviable, although this could be revisited in future subject to any changes in market conditions.
York Aviation explored the potential for a resumption of regional air services to the Isle of Man, Dublin and Belfast which operated from the airport until 2016.
The opportunity for re-introduction of such services will continue to be reviewed, but the report advises that “careful consideration and financial scrutiny” would need to be given to the increased costs of staffing and operational requirements.
Councillor Mark Smith, cabinet member for regeneration, enterprise and economic development for Blackpool Council which acquired the airport last year, said: “The York Aviation report provides clear guidance for future marketing opportunities and identifies priorities for investment.
“It gives an invaluable steer on management roles and responsibilities to enable a long term, sustainable, operational airport and the successful delivery of the overall Enterprise Zone.”
But he added: “At this stage, it is clear that the reintroduction of commercial flights is not financially viable. Similarly, the operation of smaller services such as flights to the Isle of Man, Dublin and Belfast, would break even at best.
“If we are to maintain an operational airport in Blackpool it is critical that we take heed of the financial reality.
“The airport is an integral part of the future development of the Enterprise Zone and a much loved and valued transport asset for Lancashire. Our focus and dedication is to support the business sectors already operating and to promote opportunities for new growth for the airport.”
As a key element of the wider Blackpool Airport Enterprise Zone strategy and development, £28.8 million has already been allocated for the next three years which includes £3.45 million towards the initial activity of relocating and replacing older aircraft hangars, providing new apron and a new offshore helicopter terminal.
A summary of the report will be considered by the council on November 5.