Farnborough Airport purchased by investment group
PUBLISHED: 17:40 18 October 2019
Farnborough Airport has been acquired by Macquarie Infrastructure and Real Assets (MIRA) from a consortium of private investors
Leigh Harrison, Head of MIRA EMEA, said: "We are delighted to announce our investment in Farnborough Airport. In addition to holding an important place in UK aviation history, the airport is known for its high-quality offering to customers.
"Drawing on our extensive experience managing airport infrastructure around the world, we look forward to partnering with Farnborough Airport to ensure it remains an important contributor to the local economy and a business aviation gateway to London and the South East."
Brandon O'Reilly, CEO of Farnborough Airport, said: "The significant investment that has occurred at Farnborough Airport over the past two decades under the previous shareholders has been transformative.
"With a number of development projects already underway, we are excited to partner with Macquarie to further develop our offering to the business aviation market."
The airport, which handles more than 30,000 air traffic movements each year, was the world's first dedicated business aviation airport to receive carbon neutral status from Airports Council International.