Coventry Airport is up for sale

7 May 2009

Coventry Airport is being put up for sale by its shareholders and directors. Over £6 million has been invested in infrastructure at the airport since the takeover from the TUI Group, including upgrading the airport ground lighting system, resurfacing part of the runway, new signage for the runway and taxiways and ongoing improvements to Air Traffic Control.

Centrally located in the West Midlands, Coventry Airport is easily accessible with the midlands motorway network and major trunk roads close by. A local bus service links the airport with Coventry Rail station, giving a mainline service to London in just 60 minutes by train. Two million people live within a 35 minute drive of the airport and 8 million live within 60 minutes.

Airport Director Brian Cox said “Coventry Airport offers excellent potential, giving the prospective buyer a wealth of opportunities. We look forward to reaching an agreement with a scheduled passenger carrier in the near future. Presently we are concentrating on developing the airport as a ‘Midland Hub’ for cargo, executive jets and ad hoc charter operations.

“We have also decided to invest in a dedicated Fixed Based Operation (FBO) facility that will be completed by the end of May 2009. The excellent rapport we have built with our neighbours, customers and clients is complemented by a flexible, professional management and ground handling team, offering a safe, secure and efficient service to all”.

KPMG has been appointed as advisors to the sale.

For more information, visit coventryairport.co.uk.