Britten-Norman, a UK utility aircraft manufacturer, has successfully completed its second funding round, securing significant capital from Northern Ireland-based Beechlands Enterprises. This investment will accelerate production of the iconic Islander aircraft and transform the company’s aftermarket business.
The firm will expand its UK manufacturing operations, aiming to produce up to eight aircraft annually in phase one. The focus will be on the unleaded piston version of the Islander, with around 20% of deliveries being turboprops.
As part of its manufacturing focus, Britten-Norman will invest in advanced tools and machinery, enhancing component production capabilities. These upgrades are expected to reduce lead times, increase output and improve overall cost efficiency.
In connection with the investment, Patrick Cowan, former Deputy Chief Engineer at Belfast-based aeroplane manufacturer Short Brothers, will join the Britten-Norman board.
Alison Rankin Frost, Director of Beechlands, said: “We’re delighted to invest in Britten-Norman. Great people, great product and, now we have provided more capital, great prospects.”
William Hynett, Britten-Norman’s CEO, commented: “This welcome investment from Beechlands will enable Britten-Norman to complete its aircraft manufacturing repatriation programme, with the first aircraft destined for the Falkland Islands. We will also be focusing on our important international aftermarket operations, ensuring our long-term position as the manufacturer of choice for reliable, high-intensity, low-cost, short-field, sub-regional air transportation.”
