Harrods Buys Rival FBO at London Stansted Airport

 - January 12, 2023, 11:12 AM
Harrods Aviation's purchase of rival Fayair reduces the number of competitors on the field and gives the company an additional 38,750 sq ft hangar/terminal and ramp space adjacent to its existing FBO. (Image: Harrods Aviation)

London aviation services provider Harrods Aviation has expanded its footprint at Stansted Airport (EGSS) by purchasing Fayair, a competing and neighboring FBO. This move brings the number of general aviation aircraft handling companies at EGSS to four, according to the airport's services webpage.

The acquisition will expand Harrods's holdings on the field by 130,000 sq ft, including a 33,000-sq-ft hangar that can accommodate aircraft up to the size of a Boeing 757. An adjoining customer terminal features a passenger lounge, on-site security screening, prayer room, crew lounge, trio of snooze rooms, gym, and drivers' lounge. Outside is 91,500 sq ft of private ramp parking. This brings Harrods's operational footprint to half a million square feet, including its existing FBO at London Luton Airport.

As the threat of the global pandemic recedes and travel health requirements are dropped, there has been an increase in private jet activity at Stansted, according to the company. Stansted, just northeast of London, offers favorable operating hours and easy road access into the city.