Olympic boost as Marshall Group slashes fees for Cambridge Airport
The airport is close to the university city as well as the famous Newmarket race course and stud farms.
In a significant update of a pricing structure which has been in existence for the past four years, all aircraft handled through the airport’s ExecuJet FBO will benefit from the new fee structure.
Effective from 21st July, landing fees are being reduced significantly as the expanding airport sets out to entice new users.
Typically a B737/BBJ will see an 87% reduction in landing fees; a Global Express an 82% reduction, while the landing fee for a Falcon 900 is cut by 72%.
In a statement, the company said “this new pricing strategy reflects the enthusiasm of airport owner The Marshall Group in its objective to increase its already impressive customer base by attracting new business aviation clients and further increasing business jet movements.”
The new structure centres on the introduction of tiered aircraft bands. Aircraft are priced in weight-related groups for ease of interpretation by aircraft operators, charter brokers and planners, rather than each type being allocated a designated fee charge. For all business aircraft over 20 tonnes, price bands will be introduced at 10 tonne levels - up to 70 tonnes, then over 100 tonnes at a fixed fee. For long haul business jets Cambridge Airport is also introducing zero-rated landing fees for all aircraft uplifting 5,000 litres of fuel.
“We are hugely proud of the terrific facilities we have established at Cambridge.
24/7 capability, a 1,965m runway with full ATC and airport services (fire and ATC to CAT 7 level), enabling us to regularly accept B757/Airbus A319/A320 sized aircraft.
This is supported by outstanding FBO facilities run by ExecuJet Europe, a long established and award-winning brand, good infrastructure and carefully selected complementary ground partners,” said Jon Harper, business development manager for business aviation at the airport.
“The former pricing policy did not support our long-term strategy, which is to attract a wider base of business aviation clients, continue development of a vibrant aviation hub for the east of England region and be more competitive against the London centric airports,” he added.
Cambridge Airport is one of five regional airports in the UK capable of accepting business and passenger services with a 24/7 slot allocation during the Olympics, which opens in just over a week’s time.
“Cambridge Airport has the capability to handle the largest of privately operated jets, even up to B747 size if configured with fewer seats in VIP layout. We are keen to encourage larger, wide cabin aircraft to come here and this bold new strategy will help make us more competitive with the likes of Luton, Stansted and Gatwick.
“We want business jet owners and operators to consider Cambridge when determining their travel itineraries. Putting our prices in line with these bigger and frequently congested airports was an important part of our strategy for growth. It is our response to what our customers have been telling us,” adds Harper – a value for money offering with transparent landing fee pricing and a more user friendly approach. “Together with our FBO partner ExecuJet we are confident that once customers experience what Cambridge has to offer they will be keen to return.”
In addition, Cambridge Airport is actively marketing its aircraft parking and hangarage opportunities. ExecuJet is already supporting a foreign registered MD-87 in VIP layout at its Cambridge base and is in active discussion for more managed aircraft to add to the family within the next few months. ExecuJet is managing 50 staff at Cambridge Airport, its new UK home since January this year.
As well as serving London, Cambridge Airport is also well positioned to make a significant contribution to the eastern region’s expanding economy. Cambridge is now in top spot in the UK for research and development. Cambridge is the 9th most visited city in the UK by international travellers and the UK’s 10th most important city in terms of business trip volumes, according to latest official visitor statistics. The city recorded a 31% increase in business trip spend during 2011, up by £9 million to a total £38 million, according to Visit England
