The company that owns Coventry Airport has taken over Exeter International Airport from Balfour Beatty plc for an undisclosed sum.
The Rigby group, which has also recently acquired British International Helicopters, will bring the airport into its Patriot Aerospace division. It says the move shows its commitment to regional aviation and will secure 305 jobs.
More top news
A Cornish Royal Navy winchman, who risked his life to save five French fisherman, has been awarded the Queen’s Gallantry Medal.
Newquay could be home to Europe's first spaceport, paving the way for commercial space travel in the UK.
A Bowhead whale - almost never seen south of the Arctic - was spotted by a diver just off Par Beach on St Martin's island.