Luton Airport to Undergo Major Expansion with Passenger Capacity Set to Rise Oct 16, 2023 Luton Airport, one of London’s key travel hubs, has received approval for a significant expansion, boosting its annual passenger capacity from 18 million to 19 million. This comes alongside the green light for the dual-laning of Airport Way, aiming to streamline the incoming and outgoing traffic. This decision followed a thorough local inquiry, initiated after […] Posted by: Mya Driver Read more
As global aviation firm lodges plans for £25million facility Nov 8, 2022 Global aviation giant Willis Lease Finance Corporation (WLFC) and its wholly-owned subsidiary, Willis Aviation Services Limited (WASL), have now lodged planning documents for a maintenance facility and a state-of-the-art Jet Centre at Aviation Village. The investment worth £25m is set to bring a significant number of jobs to the region. Part of the 49-acre stretch […] Posted by: Mya Driver Read more
Bristol Airport announces £60m transformational public transport hub project Sep 26, 2023 Bristol Airport has commenced work on its largest capital project ever and is investing over £60m in creating a public transport interchange hub and multi-storey car park. This transformational project will enhance services and accessibility for customers whether arriving or departing from Bristol Airport. Customers using Bristol Airport will notice preparation and enabling works taking […] Posted by: Mya Driver Read more
Cornwall Seeks Private Investment in Nature and Aviation May 2, 2024 Cornwall Council is actively seeking private investment for natural capital projects and a partner to co-manage Cornwall Airport Newquay. The council unveiled its initiatives on Tuesday (30 April), launching the Local Investment in Nature Cornwall (LINC) programme and announcing its search for a “private sector partner” to invest in and jointly operate the airport estate. […] Posted by: David Gilbank Read more
Flexible new credit facility further strengthens AIPUT’s responsible financial firepower to expand across the UK industrial gateway real estate market Sep 22, 2022 abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has announced the completion of a new £350 million senior secured sustainability-linked credit facility (“Facility”) to enable a new chapter of diversified, responsible investment growth. The Facility consists of a split term loan and revolving credit facility structure, with an initial committed term of five years. The […] Posted by: Mya Driver Read more
Former Manston Airport’s £500m redevelopment approved by DfT Aug 23, 2022 Riveroak Strategic Partners (RSP) has gained approval from the Department for Transport to move forward their bid to transform the former Manston Airport into a carbon net zero freight and passenger hub. The scheme will see the creation of new import/export facilities and an upgraded passenger terminal – in addition to key infrastructure improvements to […] Posted by: Mya Driver Read more
Green light for Bicester Motion and Skyports’ first UK vertiport testbed to advance electric air taxi industry Aug 20, 2024 Bicester Motion, the 444-acre future mobility estate in Bicester, Oxfordshire and Skyports Infrastructure, the leader in vertiport infrastructure for the advanced air mobility (AAM) industry, have been given the green light to build the UK’s first vertiport testbed for the electric air taxi industry. The application for the new vertiport to be built at Bicester […] Posted by: Mya Driver Read more
High Court confirms go-ahead for Bristol Airport’s expanded capacity Feb 1, 2023 The High Court has today dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expanded capacity. The Planning Inspectorate decided in February 2022 to allow Bristol Airport to increase its cap on passengers from 10 million passengers each year to 12 million. The Airport’s plans include major investment in the terminal […] Posted by: Mya Driver Read more
Joint Venture launches MIX MANCHESTER – Airport-based Science, Innovation Manufacturing campus May 13, 2024 A revised masterplan has been developed which will see the creation of the UK’s best-connected science, innovation, and manufacturing campus at Manchester Airport. MIX MANCHESTER will be one of the largest science and innovation campuses in the UK, delivering 2 million sq ft of high-quality advanced manufacturing and science space. It will be the only […] Posted by: David Gilbank Read more
Leeds-Bradford Airport Launches £100M Regeneration Initiative Oct 18, 2023 Leeds-Bradford Airport (LBA) has formally unveiled its ambitious £100 million regeneration plan, poised to metamorphose the airport into a cutting-edge transportation hub. With approval from Leeds City Council, the initiative is set to commence in autumn 2023, with an anticipated completion by 2026. Farrans Construction, a reputable name in the sector, has been selected to […] Posted by: Mya Driver Read more
Macquarie and Ferrovial announce sale of AGS Airports Nov 14, 2024 Macquarie Asset Management (Macquarie), via Macquarie European Infrastructure Fund 4, and Ferrovial have reached an agreement to sell AGS Airports to AviAlliance. The terms of the transaction represent an enterprise value for the business of approximately £1.53 billion. AGS Airports owns and operates the primary airports serving Aberdeen, Glasgow and Southampton. These airports provide essential domestic […] Posted by: Deividas Krupstas Read more
MAG announces plans to deliver £440m second phase of Transformation Programme Jan 25, 2023 MAG (Manchester Airports Group) today revealed the green light for a £440m of investment in Manchester Airport, creating thousands of jobs and unlocking billions of pounds of economic value for the North over the next decade. The investment will transform the passenger experience at the UK’s third largest airport, with new spacious facilities, state-of-the-art technology […] Posted by: Mya Driver Read more
