Aircraft scrapping firm starts up in Prestwick

SEOUL: A Scottish company is to start up at Glasgow Prestwick airport, scrapping and recycling aircraft, British Broadcasting Corporation reported on Wednesday.

Caledonian Aviation plans to start by the end of this year and will create about 20 to 30 new jobs in engineering, sales and administration.

The company said it had already attracted $6m (£3.7m) from American investors.

It plans to work on one aircraft per month initially, stepping up to six within three years.

Caledonian said by then it could have about 200 staff.

Company director Struan Johnston said it had chosen to locate at Prestwick after a hangar became available when BA decided not to renew a lease.

He said: “Prestwick’s in a fairly unique position in that it’s the last landfall before you get to the United States, and the European aviation market is not as well served as the United States for aircraft recycling – that’s where we see the potential at Prestwick.”

On Tuesday, the Scottish government announced it was negotiating to buy the airport.

The Ayrshire facility, which was put up for sale last March by New Zealand-based owners Infratil, has been running annual losses of £2m.

Ryanair is now the only scheduled passenger airline using Prestwick.

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