Original sentence: An American private equity group,  Riveroak Investments,  wishes to acquire the site and reopen the airport, with an initial emphasis on cargo and recycling of aircraft.As of 26 February 2015, the situation was being reviewed by the UK government Department for Transport.In a report to Cabinet on 11th December 2014, the Labour controlled cabinet of the council decided not to proceed with a CPO at the present time.The current owners have said that the site should be redeveloped and have no plans to reopen the airport.There has been a campaign to re-open the airport since closure.This would require the local Council to use a Compulsory Purchase Order, with Riveroak as 'indemnity partner' covering the costs incurred
Edited sentence: An American private equity company that specialises in real estate investment wishes to acquire the site for a cargo airport.However, they cannot do this unless the local Council is successful in carrying out a Compulsory Purchase Order.In a report to Cabinet on 11th December 2014, the Council decided that it was not in a position to pursue this.Some local people want the airport to re-open, but nobody knows what percentage of the community they represent.Support for a new airport also comes from plane enthusiasts around the globe.The current owners are regeneration specialists and have no plans to open an airport on the site