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Macquarie Infrastructure and Real Assets buys Farnborough Airport

Paige SmithBy Paige Smith1st October 20192 Mins Read
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Global investor in airport infrastructure and FBO facilities, Macquarie Infrastructure and Real Assets (MIRA) has acquired Farnborough Airport.

The airport, which handles more than 30,000 air traffic movements each year, was the world’s first dedicated business aviation airport to receive carbon neutral status from Airports Council International, and its facilities and services have seen it named Europe’s best Fixed-Based Operator facility since 2005.

Leigh Harrison, head of Macquarie Infrastructure and Real Assets EMEA said, “We are delighted to announce our investment in Farnborough Airport. In addition to holding an important place in UK aviation history, the airport is known for its high-quality offering to customers. Drawing on our extensive experience managing airport infrastructure around the world, we look forward to partnering with Farnborough Airport to ensure it remains an important contributor to the local economy and a business aviation gateway to London and the South East.”

Brandon O’Reilly, CEO of Farnborough Airport, said, “The significant investment that has occurred at Farnborough Airport over the past two decades under the previous shareholders has been transformative. With a number of development projects already underway, we are excited to partner with Macquarie to further develop our offering to the business aviation market.”

This March Dassault Aviation acquired the European maintenance activities of TAG Aviation Group.

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Paige Smith

Paige is an experienced journalist and editor who started her career covering the building and architecture sector. After several years writing and editing online and print articles for leading journals in this sector, she is bringing her thorough approach to technical content to covering aerospace engineering. In her spare time she enjoys traveling and is always planning her next trip

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