Exeter Airport sold for undisclosed sum

Exeter International Airport has been acquired by the Rigby Group Credit: ITV News West Country

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.

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Exeter Airport sold

Exeter International Airport has been sold to the Rigby Group, which owns Coventry airport. It says the move will secure the future of the 305 staff and its commitment to regional aviation.