Has Exeter Airport been sold?

It is one of three regional airports to be snapped up by investment firm ICG, a London-based asset management company with offices in 17 countries and revenue of more than £970million. It has reportedly agreed a deal with Rigby Group to buy Exeter along with airports at Bournemouth and Norwich for around £200million.

Who owns the Exeter Airport?

Regional and City Airports is part of Rigby Group plc, the parent company for a portfolio of family-owned and highly successful businesses operating across Europe, the Middle East and North Africa.

Who is buying Exeter Airport?

ICG is buying the airports from Rigby Group, a privately owned conglomerate which has interests in the hotels, software and technology sectors. Exeter acted as the hub for Flybe, the regional carrier which collapsed in the aftermath of the pandemic.

What airports does the Rigby Group own?

Rigby Group comprises: Technology – SCC (Europe's largest independent IT services business and Rigby Group's cornerstone business and Rigby Technology Investments, the Group's specialist investment division); and Real Estate including Airports (Regional & City Airports, Norwich Airport, Exeter Airport, and Bournemouth ...

Is Exeter Airport profitable?

In August last year, airport bosses said the site had returned a profit for the first time since the Covid-19 pandemic. Its owners said that, in the 12 months up to March 2024, the airport had a profit of just over £1m, which represented a £2m turnaround from the year before.

Exeter History Minute - Exeter Airports

Can a 747 land at Exeter Airport?

The first Boeing 747 to land at Exeter International Airport arrived on 14 Oct 2004.

Who makes the most money in an airport?

How much is Sir Peter Rigby worth?

The Birmingham Post also publishes a rich list of residents of the West Midlands; Rigby was at number 11 in 2017 with an estimated net worth of £850 million. In 2024 he donated £50,000 to the Conservatives.

Who is the owner of Rigby Group?

It is one of the UK's top ten wholly family-owned second generation businesses, and in the top 500 globally. Sir Peter remains Chairman, and operations are led by co-CEOs James and Steve Rigby.

Is Exeter a busy airport?

Exeter International Airport is today a very busy regional airport offering a choice of over 40 worldwide destinations.

Does the UK government own any airports?

Since the British Airport Authority (BAA) was privatised in 1986, the state does not own any of the airports in the UK. Heathrow is now owned and run by Heathrow Airport Holdings Limited (formerly BAA), which is in turn owned by FGP Topco Limited, a consortium led by Ferrovial SA of Spain.

How to buy a private airport?

Who owns Newquay Airport?

Cornwall Airport Newquay is owned by Cornwall Council and managed by Cornwall Airport Limited (CAL), a Private Limited Company, wholly owned by Cornwall Council.

Can I fly from Exeter to Manchester?

As of August 2025, there are 10 flights per week flying from Exeter to Manchester.

How many flights leave Exeter Airport a day?

On average, Exeter Airport(EXT) has 9 departure flight(s) each day.

How much does the airport staff get paid per year?

The average London City Airport salary ranges from approximately £13,823 per year for Customer Service Representative to £110,000 per year for Development Director.

Has Exeter Airport got a bar?

Bar. Located after security, the Bar is entered via the restaurant and has great views over the airfield. Enjoy a wide selection of beers, wines, spirits, soft drinks and snacks.

Can a single pilot land a plane?

Usually, only one pilot is actually flying the airplane at any one time, but especially when taking off and landing. The other pilot is there for assistance, or to take over, in case of an emergency.

How much does it cost for a private jet to land at an airport?

Landing fees are charged by the airport authority to maintain the facility and the expenses vary by airport. Landing fees typically range from $150 to $500, varying based on the aircraft's size and weight.

How much is it to buy Heathrow airport?

The deal valued the airport at £9.5 billion ($12 billion). It marks a significant upgrade on the last known valuation of the airport, when pension fund USS bought a 9% stake in 2013 that gave Heathrow an implied value of £4.5 billion ($7.3 billion).