Reuben Brothers acquire the London Heliport

The Reuben Brothers have announced
the acquisition from Andrew Davis of the London Heliport in Battersea. The
acquisition, made by Reuben Brothers investment vehicle Aldersgate Investments
Limited, extends the group’s existing aviation interests, including the ownership
of London Oxford Airport
which was acquired in 2007. Following substantial investment, London Oxford
Airport was voted the ‘Best British
Business Aviation
Airport’ in
2009.  

One of the Heliport’s most
significant customers is the PremiAir Aviation group of companies, which are
also held by Davis.
 PremiAir and the London Heliport will continue to work together on a
number of initiatives.

The London Heliport has been
in continuous operation since 1959, providing essential service to the business
community and emergency services, such as the Air Ambulance (HEMS) and Police
Air Support units. The Heliport has an established client base and a newly
developed terminal and VIP lounge offering luxurious facilities to passengers.
It also benefits from an exemption to the no-fly zone during the Olympics,
meaning a large number of dignitaries and other VIPs will be able to use the
London Heliport as an easy access route to the 2012 Games.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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