30 September 2019
Farnborough Airport – at the centre of a major row over airspace – has been sold.
The new owner is Macquarie Infrastructure and Real Assets (MIRA) which already is involved with 12 other airports across Europe and the USA, including nearby Southampton Airport.
Farnborough Airport is a dedicated business aviation airport, handling more than 30,000 air traffic movements a year.
Leigh Harrison of MIRA, said “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.”
Farnborough Airport opened in 1908 and was the UK’s first airfield and the site of the country’s first powered flight. It’s also home to the Farnborough International Airshow.
The British Gliding Association (BGA), which challenged the CAA’s decision to award Farnborough Airport a large extension to its airspace, says the sale “raises serious questions about TAG Farnborough’s motivation to seek controlled airspace”.
8 comments
Not interested in aviation, just return on investments.
“Macquarie Group Ltd Chart and Price Data. … Macquarie Group Ltd (MQG) is a global provider of banking, financial, advisory, investment and fund management services, headquartered in Sydney. … Macquarie is now in the top 50 global asset managers, with more than $540 billion in funds …”
Finally, the Last piece of the jigsaw has dropped into place.
Looks like the CAA have been conned
Again……………………..
I think the High Court was also conned, when the previous owners forgot to mention their real reason for opposing the BGA application for Judicial Review.
The BGA should have renewed the application for Judicial Review to the Court of Appeal and it is time that the BGA put their big boy pants on and do this now.
Big bucks buys it all
I think the airspace grab is disgusting and now we finally discover the reason behind it. The law really is an ass, having been conned into granting big business its greedy desires. We, the aviators are the losers as usual.
Why no comment from Airspace4all!