Money from Biggin Hill Airport back in the public purse
PUBLISHED: 14:02 20 February 2015 | UPDATED: 14:03 20 February 2015
Bromley Council is entitled to a share of all income generated.
The end of the year trading results for Biggin Hill Airport have shown that taxpayers will be benefitting from their success.
The figures show that rate payers will receive an additional payment of £142,901 above the rent and business rates paid by the airport based companies.
As the freeholder, Bromley Council is entitled to a share of all the income generated, which means that local tax payers have a stake in this accomplishment.
Managing director Will Curtis said: “If the airport does well, more money goes back to the public purse.
“At the moment we make relatively small returns, but if our plan to attract more aircraft service companies is approved by the council, we can generate more business, which means more money going into vital local services under threat of the axe.
“That’s why I am asking Bromley residents to back Biggin Hill Airport– everyone will benefit.”
He added: “Our customers don’t always want to fly earlier or later – but they need to know they can if necessary.”