Tees-Side Airport to Teesside International Airport. 1990 saw the one millionth aircraft movement at the airport, in the form of a British Midland service to London Heathrow. In 1996 when Cleveland County Council was abolished, the airport ownership was divided amongst local Borough Councils. Passenger numbers grew steadily from 1993 based upon an expanding holiday charter business. In 1994 Airtours arrived on the scene and from 1997 based a summer seasonal aircraft at the airport, this coupled with other tour operator expansion propelled the airport to new heights. In 2002 the airport sought a strategic partner to assist with future development and Peel Airports Ltd was selected as the preferred company, taking a 75% stake in the airport, to be increased to 89% after 10 years, with a commitment to invest £20m over the first five years. Peel brought Teesside into the low cost era by securing bmibaby who based initially one, later two aircraft at the airport, ultimately giving the airport its peak years. Durham Tees Valley On 21 September 2004 the airport was renamed Durham Tees Valley Airport at the request of bmibaby, who felt the new name placed the airport better geographically as many of the airport's passengers, particularly those from outside the UK, were unfamiliar with the location of Teesside, whilst Durham was better known. The move was widely condemned by the local population who felt passionately about the name Teesside, and considered the term Tees Valley to be geographically inaccurate, as there is no such valley. Shortly afterwards, a new access road, terminal front and terminal interior were completed, but the remainder of a planned £56 million expansion and development programme which would have enabled the airport to handle up to 3 million passengers annually never materialised due to falling passenger numbers after 2006. In late summer 2006, bmibaby announced their surprise departure from Durham Tees Valley Airport. Peel were quick to replace them with Flyglobespan who opened an initial two-aircraft base. Passenger numbers peaked in 2006 when the airport was used by 917,963 passengers. However, since the 2007-2008 financial crisis, numbers declined to 130,911 in 2017 before starting to rise again in 2018. A side effect of the crisis saw a number of airline bankruptcies or mergers, greatly reducing the number of potential operators for the airport to pursue. Those that merged consolidated at the larger regional airports, leading to the likes of Newcastle