BTNews

Speaking on last Tuesday (8 February), Farnborough Airport’s CEO Simon Geere revealed the dedicated business aviation hub’s plans to build a third hangar, which will almost double the existing hangar space reports Chloe Greenbank of Emerald Media.

At an estimated cost of £35m, work on the four-bay, temperature-controlled, 175,000sq ft facility is due to start later this year and be complete in 2024.

According to Geere the new facility underpins the commitment of the airport’s owner, Macquarie Infrastructure and Real Assets (MIRA). “It really starts that cycle of investment again under new ownership”.

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