Biggin Hill Airport plans £15m expansion

Grant Prior 5 years ago
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London Biggin Hill Airport has secured a £15m finance package to fund the construction of an additional 140,000 sq ft office, hangar and business aircraft parking facility and the development of a 50-bed four star hotel.

The new deal with HSBC for infrastructure projects will meet steadily growing demand for visiting aircraft and access to the airport’s aerospace businesses.

London Biggin Hill is a major centre for engineering and aerospace innovation and has recently welcomed the arrival of Bombardier Business Aircraft who has established a brand new state-of-the-art maintenance facility.

Will Curtis, Managing Director at London Biggin Hill Airport said. “Completing the deal with HSBC enables us to fulfil the next stage of our development strategy for further enhancing Biggin Hill’s reputation as the gateway to London and the City for business aviation.”

James Shepherd, Area Director in HSBC’s Corporate Banking team, commented: “London Biggin Hill Airport is an ambitious business with plans to build more hangar capacity and house internationally recognised engineering and maintenance companies.

“Our experience funding significant development projects like this one helped us put a competitive and flexible finance package in place that has enabled work to start at the airport straight away.

“We look forward to watching the project as it progresses and continuing our relationship with the airport team.”

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