Skip to content
Tuesday 21 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,585.91
+0.58%
DAX
25,011.35
+0.66%
CAC 40
8,363.14
+0.28%
STOXX 50
6,285.63
+0.94%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Sunday 14 April 2019 2:46 pm  |  Updated:  Monday 03 June 2019 1:18 am

Biggin Hill boss says Britain must become more competitive as Brexit causes private jet slump

London's business aviation market is down 5.5 per cent on last year as uncertainty around Brexit continues to bite, a boss at one of London's busiest private jet airports has said.

Robert Walters, business development director at London Biggin Hill Airport, said "the number one message" he was receiving from customers was that they needed to fly in and out of the capital less due to Britain's ongoing indecision as to when and how it is going to leave the EU.

He said the near six per cent reduction in the lucrative market was "obviously a challenge and a sign that all is not well in the global economy".

"People who want to do business don't want to come to London because of the uncertainty," he said. "The reputation of the UK as a good place to do business is being immeasurably harmed by this. Customers have said that if the UK leaves, they won't be coming back. Any many have not."

Read more: Private jet hub Biggin Hill to slash airport charges from April

In an interview with City A.M:, Walters said the UK was becoming "too expensive" to do business and that the cost of building infrastructure in the UK was becoming a "hard sell" because of stamp duty and high business rates.

He said the UK needed to make itself "more competitive" at a time of Brexit and offer more incentives such as relief on stamp duty and business rates.

“It is crucial that the UK is still in a competitive position compared to the rest of the world after Brexit," he said. "The business community is ready to stand behind the government and find new ways to ensure the uninterrupted flow of international investment into London and the UK, provided we are given the tools we need to attract global trade.

“So far, London Biggin Hill Airport has been successful in attracting more than 70 aerospace companies to take up residence on site. Particularly during this uncertain time, it is important for these kinds of companies to have confidence in their future in the UK. In order to continue attracting sizeable investment, businesses like London Biggin Hill need to be on a level playing field with Europe and beyond. Ensuring business rates and other charges remain competitive is a key part of that.”

Biggin Hill is the third largest private jet airport in the UK, after Luton and Farnborough.

Last month it actually enjoyed an nine per cent increase in activity on March the previous year due it picking up traffic from other London airports, whose capacity thresholds are bursting.

Elsewhere, the airport has attracted manufacturing giants Bombardier and Textron Aviation to its premises. Bombardier moved on to the site in 2017, while Textron Aviation joined last year.

Read more: Brexit will create a 'migraine' for private aviation, says industry CEO

Walters warned that while Bombardier are "very keen to remain in the UK and at Biggin Hill, they are mindful of the political challenges and the competitive atmosphere in Europe".

One of the biggest barriers to growth in the industry is the lack of skilled labour, which Biggin Hill says it is tackling with a new technology college which is due to open in September 2020. The airport aims to create 2,300 jobs by 2030, and has already created 300.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

  • Brexit

Trending Articles

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

  • Romesh Ranganathan makes it hard to defend the BBC

  • Exclusive: Rugby World Champions Cup set to be mothballed

  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

  • Rachel Reeves’ sister takes top legal role in Burnham’s Cabinet overhaul

More from City PM

  • Tate & Lyle becomes latest market stalwart to quit London

    Retail
    Canada skyline featuring iconic skyscrapers and modern architecture against a clear blue sky
  • Jet2 handed £400m boost from Iran war jet fuel spike

    Transport & Infrastructure
    Jet2 is listed on the London Stock Exchange's AIM.
  • World Cup demand pushes price of private jet charters up 30 per cent

    Sport Business
    GettyImages 1407027682 showcasing a significant moment in current affairs, capturing a key event with impactful visual sto...
  • Ryanair profit tumbles as jet fuel prices soar

    Transport & Infrastructure
    Michael OLeary, Ryanair CEO, addressing media at a press conference, discussing airline updates and future plans
  • Hopes rise for decision on Heathrow’s third runway plan

    Transport & Infrastructure
    Heathrow boss Thomas Woldbye is expected to lay the groundwork for what is the largest private investment programme in Heathrow's history.
  • SpaceX IPO could get wave of Brits back into equity markets, Peel Hunt boss says

    Markets
    SpaceX Falcon 9 rocket launching into a clear sky during May 2026 mission, showcasing advanced aerospace technology
  • Moneybox boosts London’s Pisces market in ‘milestone’ £45m sale 

    Markets
    Modern city bus driving through urban streets, showcasing public transportation advancements in 2023
  • Tale of two cities: London leaps ahead in global finance but domestic growth stalls

    Economics
    Getty Images number 2154617464 depicts a relevant scene for the articles unidentified content, suitable for business context.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook