BritishInternationalHelicopters (BIH) stopped its year-round service linking the islands and the mainland on 31 October after running into financial problems.
Cornwall Council has approved plans to build a supermarket on the site of the BritishInternationalHelicopters (BIH) terminal in Penzance, west Cornwall.
Managing director of BritishInternationalHelicopters Tony Jones said the company wanted to sell a large part of its current heliport in Penzance to Sainsbury's.