Harrods Aviation has acquired rival FBO company Fayair to serve increasing demand at London Stansted Airport.
The acquisition will expand Harrods Aviation’s footprint by 130,000 sq ft, including a 38,750 sq ft hangar and 91,500 sq ft of private ramp parking. Following the deal, the company has a total operational footprint of around 500,000sq ft across London’s Luton and Stansted airports.
The company will also take on Stansted-based Fayair’s staff as part of the deal.
“This investment allows us to support the growth of this thriving gateway to London, while retaining the excellent customer service synonymous with Harrods Aviation,” said Paul Norton, MD, Harrods Aviation. “We are excited by the opportunity to expand our expertise and offer outstanding services to more international customers at London Stansted.”
Meanwhile in North America, Avfuel has taken over as the official supplier of FBO Meridian Hayward’s California locations in a new partnership deal signed at the beginning of the month.
