(PA) Rigby Group has snapped up Bournemouth Airport from Manchester Airports Group for an undisclosed sum, helping raise its profile in the south.
Bournemouth Airport – which currently offers flights to 22 European locations – serves as a base for Ryanair and TUI, and handled 700,000 passengers in 2016.
Rigby Group said the takeover helps boost its position as a “highly credible alternative to the major London Airports.”
It adds to a portfolio that already includes Norwich, Exeter and Coventry Airports, alongside contracts to operate Solent, City of Derry and Blackpool airports.
Founder and chairman Sir Peter Rigby said the acquisition was an “important landmark” in the group’s strategy.
“Not only does it expand our catchment to include the major regions of South England, but also focuses operations on a core market poorly serviced by the major aviation players.”