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Farnborough Aerodrome

Defence written question – answered on 21st January 2008.

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Photo of Gerald Howarth Gerald Howarth Shadow Minister (Defence)

To ask the Secretary of State for Defence how much TAG paid for the acquisition of the freehold interest in the Farnborough aerodrome.

Photo of Derek Twigg Derek Twigg Parliamentary Under-Secretary (Ministry of Defence) (Veterans)

TAG Farnborough Airport Freehold Limited paid the Ministry of Defence £1 million to acquire the freehold interest of Farnborough airport. A premium of £2 million was also paid to the Ministry of Defence when the 99-year lease was granted to TAG Farnborough Airport Limited in February 2003.

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