Harrods Aviation is to expand its FBO footprint to serve increasing demand at London Stansted airport with the purchase of neighbouring business Fayair. The acquisition allows Harrods Aviation to expand its existing FBO capabilities by an additional 130,000 sq ft, including a 38,750 sq ft hangar and 91,500 sq ft of private ramp parking, to serve its fast-growing customer base. The company now has a total operational footprint of approximately half a million square feet across London's Luton and Stansted airports.
In recent times, as the pandemic has receded and London has reopened its doors to international travellers, there has been an increase in demand for FBO services, particularly at Stansted airport. More jets have been travelling through London Stansted due to its favourable operating hours and convenient location, close to the northeast of London with favourable road access to the city.
Managing director Paul Norton says: “This investment allows us to support the growth of this thriving gateway to London, while retaining the excellent customer service synonymous with Harrods Aviation."
The acquisition will also help to support the growing demand at Stansted for quality, trained staff. Norton adds: “We are delighted to welcome new employees into our hard-working, valued team. We are excited by the opportunity to expand our expertise and offer outstanding services to more international customers at London Stansted.”