Bournemouth Airport bought by Regional & City Airports
Regional & City Airports (RCA), the airports management division of Rigby Group, has completed the acquisition of Bournemouth Airport from Manchester Airports Group for an undisclosed sum. Bournemouth Airport currently offers flights to 22 destinations across Europe, with 700,000 passengers using the airport in 2016. A base for Ryanair and TUI, the airport supports 900 full time equivalent jobs and contributes approximately £24m to the local economy. This acquisition is the fourth of its kind for RCA, which also owns Norwich, Exeter and Coventry Airports. With the deal it grows its workforce to 600 people, and expands its catchment and network in the South of England as it bids to build a credible alternative to the major London airports. Day-to-day management of the 200 acre Aviation Business Park adjacent to the airport will be handled by Rigby Real Estate.