3 APRIL 2017

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Article from BTNews 3 APRIL 2017

Biggin Hill 15m expansion

Major new infrastructure projects including a 140,000sq ft office, hangar and business aircraft parking facility, plus a 50-bed four-star hotel, are to be built at Biggin Hill Airport following a £15m finance package with HSBC.

Managing director Will Curtis said the airport would also be building on the success of the deal to introduce extended opening hours in the coming weeks “to provide customers and users with unrivalled flexibility and capacity”.

On the talks with the bank, he added: “With the support of our corporate finance advisers at Smith & Williamson, we went through a rigorous selection process to make sure we had the right partner in place to help fund the next stage in our development. 

“HSBC understood our business model and were supportive of our plans, backed by a competitive and flexible package. The deal enables us to fulfil the next stage of our development for enhancing Biggin Hill’s reputation further as the gateway to London and the City for business aviation.” 

In another cause for celebration, the airport is marking its centenary this year with special events including a two-day Centenary Festival of Flight over the weekend of 19-20 August.

www.bigginhillairport.com

https://lbhacommunity.co.uk

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