 The new hangar is due for completion in mid-October this year |
A �3.5m expansion scheme is being carried out at a Devon airport, creating nearly 100 jobs. A �2.5m new aircraft maintenance hangar is being built at Exeter Airport.
There will also be �920,000 worth of improvements to the infrastructure, funded by the South West Regional Development Agency.
The new hangar will enable low cost airline Flybe to expand its aircraft maintenance operations, creating 96 new full-time jobs in the next five years.
Job creation
The South West RDA's funding, which was instrumental in securing the private sector investment, will help improve aircraft parking and provide a new taxiway, access road, associated drainage and other services.
The hangar, which is due for completion in mid-October, will be officially launched on Thursday by Transport Minister David Jamieson.
Mr Jamieson said: "The announcement represents a significant vote of confidence in the South West's air links, as well as providing a major boost for highly skilled engineering jobs in the Exeter area.
"This new investment by the private sector, along with funding from the South West RDA, builds a firm basis for the expansion of maintenance work at Exeter which could, in turn, create even more jobs in the future."
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