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ICG to Acquire Exeter, Norwich and Bournemouth Airports in £200 Million Deal

ICG will back new routes, upgraded facilities, sustainable aviation practices under RCA's unchanged leadership

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