Overview
- The £200 million deal is set to conclude later this month pending final approvals
- Under ICG, RCA will retain autonomy over day-to-day operations led by existing management
- The three airports handle roughly two million passengers annually and achieved over 13% growth year-on-year post-pandemic
- Investment will target expanded flight schedules, new destinations and job creation, notably at Norwich Airport
- ICG has earmarked funding for terminal refurbishments, cargo facility upgrades and sustainable aviation initiatives to strengthen regional connectivity