The London Heliport in Battersea has been acquired by the owners of Oxford airport.
The purchase from the former boss of collapsed luxury hotel group von Essen Hotels Andrew Davis was made for an undisclosed sum by Reuben Brothers’ investment vehicle Aldersgate Investments.
The heliport has an exemption to the no-fly zone during the London Olympics, meaning a large number of dignitaries and other VIPs will be able to use it as an easy access route to the 2012 games, a spokesman said.
Oxford airport was acquired by the Reuben brothers in 2007 and has seen substantial investment since. Oxford airport to London Heliport can be flown in just over 20 minutes.
“The London Heliport, located on the River Thames and with easy access to London’s West End and the City, represents a unique opportunity to acquire the only Civil Aviation Authority licensed heliport in London,” a statement said.
“One of the Heliport’s most significant customers is the PremiAir Aviation group of companies, which are also held by Mr Davis. PremiAir and the London Heliport will continue to work together on a number of initiatives.”
The heliport has a newly developed terminal and VIP lounge.