Teesside Airport continues to make loss after public takeover
In the company accounts, Mr Forster said the airport had struck a number of deals to bring new routes to Teesside throughout the year.
This included TUI reintroducing flights to Dalaman in Turkey for 2024 and Ryanair running additional flights to Palma de Mallorca, Faro and Corfu during the summer.
The airport is also looking to grow its income from its land and assets and has invested in a new 26,995-sq ft (2,508-sq m) hanger, which will soon house aircraft painting company Airbourne Colours.
It also built its first unit at its £200m Business Park South site and has appointed Colliers and Aviation Real Estate Advisors to act as commercial agents for the park.
TIA has also worked to expand its freight handling business and has invested in a new hangar that can provide security screening and freight forwarding services.
Logistics firm FedEx also signed a five-year deal for an airfreight handing facility at the airport.
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