Manston Airport in Kent, which has been used as an airfield since World War One and by Barnes Wallis to test his development of the Dambusters bouncing bomb, was sold to Scotland’s richest businesswoman Ann Gloag for £1 in November last year.
But after losing its last scheduled passenger flight in April and running at a reported loss of £10,000 a day, new options are being considered.
A spokesperson for Manston Airport said: "A number of people have approached the owners with ideas for the future of the site and they will be considered over the coming months.
"No decisions have been made by the owners regarding the future of the site and it is likely to be a number of months before any decisions are made."
The Times reported yesterday (TUES) that a garden city is one of options being considered.
The speculation has proved controversial as the airport supported around 150 jobs with more dependent on airport trade in the local community.
In addition The Kent Messenger reported that Gloag turned down £7m from US venture capitalist RiverOak, which had pledged to keep the airport open.