Joint statement from Gloucester City Council and Cheltenham Borough Council

Cheltenham Borough Council and Gloucester City Council, the joint shareholders of Gloucestershire Airport, are pleased to confirm that a preferred bidder has been selected for the purchase of the airport.

The company has committed to maintaining Gloucestershire Airport as a thriving centre for aviation and supporting the many businesses based across the 350-acre site.

Councillor Rowena Hay, leader of Cheltenham Borough Council, said: “This is excellent news for Gloucestershire and an important step towards securing the airport’s long-term future. The selection of a preferred bidder committed to maintaining an operational airport, provides a strong basis for protecting this important regional asset.”

Andy Hearne, director of place, assets and regeneration at Gloucester City Council, said: “The airport is home to many businesses and plays an important role in the area’s economy. We are pleased to have reached this significant stage in the process and to see a commitment to supporting the businesses based at the site and its continued operation as an airport.”

The process will now move into a period of due diligence. During this stage, all parties are subject to legal and commercial confidentiality requirements, which means that no further details about the preferred bidder or the proposed transaction can be released at this time.

Joint statement from Gloucester City Council and Cheltenham Borough Council

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