A major scheme to invest £250 million in the redevelopment of Coventry Airport is expected to create 10,000 new jobs, including some for graduates.
Sir Peter Rigby, who bought the airport in April 2010, said the money would go towards two development projects to improve the airport's infrastructure and to build a technology office park.
Sir Peter said a joint venture company will be formed with a major developer to complete the project.
He said passenger flights would also be re-established as part of the proposed development.
He added: "Our plans to improve the airport's infrastructure and facilities will benefit the entire West Midlands because we want Coventry Airport to act as an economic catalyst for job creation and income generation.
"As soon as is practicable, we aim to re-establish passenger airlines which will reduce travel time for business and leisure travellers and, crucially at this time, our proposals will lead to the creation of up to 10,000 jobs directly and indirectly.
"We would have the immediate capacity to serve one million passengers a year by re-starting airline operations."
Welcoming the development plan, chief executive of Coventry City Council said it would provide "a much needed boost" for the region.
Sir Peter Rigby, who bought the airport in April 2010, said the money would go towards two development projects to improve the airport's infrastructure and to build a technology office park.
Sir Peter said a joint venture company will be formed with a major developer to complete the project.
He said passenger flights would also be re-established as part of the proposed development.
He added: "Our plans to improve the airport's infrastructure and facilities will benefit the entire West Midlands because we want Coventry Airport to act as an economic catalyst for job creation and income generation.
"As soon as is practicable, we aim to re-establish passenger airlines which will reduce travel time for business and leisure travellers and, crucially at this time, our proposals will lead to the creation of up to 10,000 jobs directly and indirectly.
"We would have the immediate capacity to serve one million passengers a year by re-starting airline operations."
Welcoming the development plan, chief executive of Coventry City Council said it would provide "a much needed boost" for the region.
Source: Graduate-jobs.com, Wednesday 27th April 2011
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