Regional & City Airports (RCA), the airports management division of Stratford-upon-Avon based Rigby Group plc, has completed its fourth regional UK airport acquisition with the purchase of Bournemouth Airport from Manchester Airports Group for an undisclosed sum.
The acquisition underlines the group’s ongoing intent to being a significant player in the UK’s vital regional airports market, according to a Rigby Group statement. It already owns Norwich, Exeter and Coventry airports, and has contracts to operate Solent (formerly Daedalus Airfield), City of Derry and Blackpool Airports.
Chairman and Founder of the group, 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.”
Day-to-day management of the adjacent 200-acre Aviation Business Park will be handled by Rigby Real Estate – the parent group’s specialist property management division.