Michael Bernard Del-Mar

Regional Airports Ltd. was founded in 1990 by Andrew Walters to acquire and regenerate smaller airports. The private company is based in Hook, UK, and has subsidiaries in the United Kingdom. The British company successfully redeveloped the airport and obtained planning consent for a new railway station and CAA agreement in principle for a runway extension. In 2008, the business and assets were sold to Stobart Group Limited. The company's board includes Andrew Walters, a former military helicopter pilot and entrepreneur in the aviation industry, Jock Lowe, a distinguished former senior Concorde pilot and director of flight operations for British Airways, and Michael Del Mar, who has a wide experience of advising both public and private companies on listings, fund raising, and acquisitions. The company acquired the business and assets of Biggin Hill Airport in May 1994, which was in a rundown and loss-making condition.