Key Facts
- Balfour Beatty companies involved:
Balfour Beatty Management
(now Parsons Brinckerhoff),
Balfour Beatty Capital
- Regional and City Airports (RCA) is the airport investment and
development group created by Balfour Beatty. RCA is a venture
between two Balfour Beatty operating companies being Balfour Beatty
Capital, the investment company for the Balfour Beatty Group and
Balfour Beatty Management (now Parsons Brinckerhoff)
- In January 2007, RCA successfully completed the acquisition of
Exeter and Devon International Airport Ltd for £60
million.
- The airport currently offers flights to over 50 domestic and
international destinations, in 22 countries, including a long haul
service to Canada.
- Current key customers include Flybe, Thomson Airways, Air
Malta, Palmair and Skybus as well as a number of smaller ad hoc
charter and tour operators
- The airport acts as a catalyst for the local and regional
economy, not only by providing good airline connections across the
UK and Europe but also as a major employer in its own right.
It currently supports over 2,000 jobs and contributes over
£100m gross value add (GVA) per annum to the South West.
- The airport was ranked fourth in the passengers favourite UK
airport survey, commissioned by Which? Holiday magazine, receiving
an overall customer score of 73%.
- In 2009, work officially started on the £24m Flybe
Training Academy sited at Exeter International Airport. The
Training Academy is scheduled to open in late 2010 and once
complete it will provide a world-class training facility not only
for Flybe staff but for the airline industry as a whole. The
25 classroom Academy will house up to four flight simulators and an
apprentice workshop. When fully operational the facility will
generate up to 200 additional jobs.
- Balfour Beatty intend to spend in excess of £125m by 2030
upgrading and developing large parts of the infrastructure and
facilities of the airport, ultimately supporting passenger traffic
in excess of 3m passengers per annum.
- At the centre of the Airport Development Plan is an emphasis on
carefully managing the relationship with the environment, including
a target to make the ground operations of the airport carbon
neutral by 2015.
