Rigby Group’s division Regional & City Airports (RCA) has acquired Bournemouth Airport in southern England in a bid to strengthen its position in the UK.
The financial details of the acquisition were not disclosed.
The acquisition of Bournemouth Airport from Manchester Airports Group (MAG) represents RCA’s fourth acquisition. Their portfolio includes Norwich, Exeter and Coventry airports, as well as operating contracts for Solent, City of Derry and Blackpool airports.
Rigby Group founder and 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.”
The acquisition further expands RCA’s network of growing passenger and commercial aviation facilities across the South of England.
Currently, Bournemouth Airport offers flights to 22 destinations across Europe and acts as a base for Ryanair and TUI.
Around £45m has been invested in the airport to enhance its facilities and provide improved passenger experience.
It supports 900 full-time equivalent jobs and is said to contribute more than £24m to the local economy.
MAG chief executive Charlie Cornish said: “RCA has a detailed integration plan in place to ensure a seamless transition of ownership and operations at Bournemouth which will maintain business as usual for passengers and customers.”
With the acquisition now complete, RCA intends to increase commercial and passenger activity at the airport using its scale and contacts.