Farnborough Airport expands
Farnborough Airport has announced plans for a third 16,300 sqm hangar to open in 2024. The expansion project is projected to cost £35 million ($47 million) and will nearly double the available hangar space, adding to the already occupied 20,500 sqm buildings. Local authorities gave permission to build a new hangar in January, and the airport has now launched a tender with construction contractors to begin construction work in the third quarter. The administration noted that there is currently a waiting list for hangar facilities that are available to operators on year-round contracts, and added that operators are willing to pay more for access to airport hangar facilities during the winter months.