London Biggin Hill Airport, famous for its heroics during the Battle of Britain in WW2 and for its nationally famous airshows, has recently announced a new multi-million pound deal with international bank, HSBC. This high-profile deal will be beneficial to the airport itself, the community of Biggin Hill and the London Borough of Bromley collectively.

The deal itself incorporates a £15 million investment to fund additional infrastructure within the airport itself. A 140,000 square foot office along with a brand new hangar and business parking facility is to be built. There will also be the development of a 50-bed four-star hotel at the only dedicated business airport in the London. This will be one of the most exiting features of the deal for the community; as one local resident, Miss Miller, told me “It’s a great addition to Biggin Hill, and will be a beneficial bonus to the community.”

The airport has said it will partner with local businesses for the new project, including Civils Ltd, which has been appointed principle contractor for the hangar. It will also contribute to the employment target of 2,300 new jobs by 2030 within the airport.

The airport expansion will surely bring more wealth to the area, catering for the increased and growing demand for visiting aircraft, with the airport already home to 65 commercial and aviation activities, 55 business jets and more than 150 other private aircraft and helicopters.

Will Curtis, CEO of the airport, will oversee the ambitious expansion project; he believes exiting times are ahead for the airport and Biggin Hill, “Completing the deal with HSBC enables us to fulfil the next stage of our development strategy for further enhancing Biggin Hill's reputation as the gateway to London and the City for business aviation.”

HSBC were the perfect partners to work with, understanding the businesses importance as a major centre for engineering and aerospace innovation with proof of that being the new arrival of Bombardier Business Aircraft to a new state-of-the-art maintenance facility. On HSBC, Will Curtis stated, “HSBC understood our business model and were genuinely supportive of our plans, backed by a competitive and flexible package.”

This deal will be a major part of funding and beginning the expansion of what is an already rapidly growing international airport and a credit to the community of Biggin Hill and the surrounding areas.  James Sheperd, area director in HSBC's Corporate Banking team, said, “We look forward to watching the project as it progresses and continuing our relationship with the airport team.” The same goes for the residents of Biggin Hill.