Sir Peter Rigby completes Coventry Airport takeover
23.02.10
Multi-millionaire technology tycoon and aviation fanatic Sir Peter Rigby has completed the purchase of Coventry Airport. Midlands based Patriot Aviation group, owned by Sir Peter, bought the airport for an undisclosed fee and said it aimed to create a commercial regional hub at the site with a full air traffic service. Scheduled passenger flights could possibly be reintroduced at a later date, he said.
The airport shut at the beginning of December, but passenger flights had stopped in 2008, Until December it had continued to handle freight, private jets and training flights. Sir Peter said the airport's location, in the centre of the country, was a positive factor and his company would maintain a full service with business jets, cargo, light aircraft and helicopters. He said: ‘I would like to think that in the future I can also bring in some scheduled flights.'
Sir Peter said: ‘I'm truly excited to be launching a new era in the long history of Coventry Airport. Not only is this acquisition the next logical step in the development of Patriot Aerospace as a leading general aviation player, but it is also essential in supporting the local economy and future of the region. The airport sector and aviation in general have had a difficult few years, however, I expect it will pick up in line with an overall economic recovery and the region will be better positioned to benefit from this with a well managed local airport.’
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