I think the TD5 air in fuel problems has many threads on here,
The fuel pressure regulator can be a nuance but you can get a repair kit on Tbay quite cheap its easy to do but a bit fiddly and don't loose the little mesh filter in the head.
http://www.ebay.co.uk/itm/NEW-FUEL-...284587?hash=item5b08d6472b:g:nHEAAOSwpDdVC-YW
The non return valve is high on the suspects but its a waste of time buying a new one it comes without the little red balloon neck (looks like a ducks beak) which actually stops the back flow,
http://www.ebay.co.uk/itm/LAND-ROVE...117542?hash=item4d4d76de26:g:64sAAOSwB09YDS~D
there is also a bleed valve in the fuel filter head if its mucked up with carbon and dirt it will give problems.
http://www.island-4x4.co.uk/fuel-filter-bleed-valve-genuine-wkb100330-wjn500110-p-17972.html
Last year I took the fuel filter off then took off the head unit which the filter screws onto, gave it a dam good clean replaced the little bleed valve and all 4 of the copper sealing washers on the pipes then gave it about 3 good bleeds and it has been fine since............... Hush my mouth bet that's knackered it.