Norwich Airport owner buys Bournemouth Airport from London Stansted owner
PUBLISHED: 17:06 05 December 2017 | UPDATED: 19:09 05 December 2017
The owner of Norwich Airport has concluded a deal to buy Bournemouth Airport for an undisclosed sum from London Stansted owner Manchester Airports Group.
The acquisition was completed for an undisclosed sum by Regional & City Airports, the airports management division of Rigby Group.
It has been added to a portfolio which also includes Exeter and Coventry airports, and contracts to operate Solent, City of Derry and Blackpool airports.
Group chairman Sir Peter Rigby said: “The acquisition of Bournemouth Airport represents an important landmark in our strategy to create a robust and credible group of regional airport assets and services across the UK. Not only does it expand our catchment to include the major regions of South England, but also focuses operations on a core market poorly serviced by the major aviation players.”
Rigby Group bought Norwich Airport in 2014.
RCA chief executive Andrew Bell said: “I am delighted to welcome everyone at Bournemouth Airport to our fast-growing team. It is already one of the South’s flagship aviation hubs, and I am very much looking forward to working with the staff and management as we continue to expand its operations and build on that success.”