Leeds Bradford Airport’s plans for expansion have been boosted after securing £160m in support.

The airport and its owner, InfraBridge, have been supported by NatWest with a £160m financing package to advance the airport’s ambitious terminal expansion and upgrade project - LBA: REGEN.

Leeds Bradford Airport (LBA) is investing £100m into a vital regeneration of its terminal facilities to dramatically improve and enhance passenger experience.

With the terminal extension (phase 1) due to handover this summer, the refurbishment of the existing terminal (phase 2) of LBA: REGEN is expected to complete in winter 2026.

Led by NatWest’s Debt Advisory team, the package includes the refinancing of existing facilities and an upsized capital expenditure facility, enabling LBA to continue delivering its long-term growth strategy while undergoing a transformational regeneration of its terminal.

LBA, a key regional hub serving Yorkshire and the Humber, connects more than 4.3 million passengers annually to more than 80 destinations across 24 European countries.

The terminal expansion and upgrade project will increase the airport’s passenger capacity to around 6.8m by 2030.

Alex Tong, chief financial officer at Leeds Bradford Airport, said: “This refinancing transaction is a significant milestone for Leeds Bradford Airport, providing us with the financial stability and resources to continue our growth trajectory and enhance our infrastructure.

“We are grateful to NatWest for their support and expertise in structuring this transaction, which will undoubtedly benefit our business for years to come.”

The airport is owned by global infrastructure manager InfraBridge.

Graeme Ferguson, head of airports at InfraBridge, added: “This milestone reflects the momentum at Leeds Bradford Airport and the confidence in its future potential. We’re pleased to partner with NatWest to help advance the next phase of the airport’s development—creating opportunity for growth, investment, and greater connectivity for the region.”