This morning, we announced the completion of a deal to acquire Exeter International Airport from Balfour Beatty Plc.
Representing a landmark addition to the Rigby Group, Exeter International Airport is the principle aerial gateway to the UK’s South West, with a long history of passenger, freight and general aviation. The home of Flybe – serving as its maintenance base and aviation academy – it is also an important base for a range of operators including Thomas Cook, Thomson and Skybus, with some 750,000 passengers flying to over 40 destinations worldwide this year.
Sitting alongside our existing operations at Coventry in our airports division, the acquisition of this busy passenger and freight terminal underlines our continued confidence in regional aviation and the pivotal role it plays in the UK’s local and national economies.
Regional airports make an enormous contribution to life and business in our communities, and we are intent on continuing to develop and grow our involvement in this critical aspect of the national transport infrastructure. Over the coming months we look forward to working with Exeter’s 305 existing staff to consolidate, improve and grow the already important role it plays in Devon, Cornwall and the South West.
The new airports division will sit alongside the company’s expanding range of flying activities, all of which will now operate under the British International Helicopters name following its acquisition last month. Employing some 100 people the combined entity now constitutes the UK’s largest commercial helicopter business, with divisions covering offshore and defence, utility, engineering, charter and flying training activities.
We believe that in order to remain economically sustainable, the British aviation industry needs substantial, proven firms with sufficient weight and breadth of expertise to challenge the major overseas players. It is Patriot’s intention, within the Rigby Group, to continue developing both areas of our business with a view to establishing ourselves as a leading group in the regional airports and helicopter operations sectors.Back to Homepage