Isles of Scilly helicopter service expands fleet
Penzance Helicopters runs up to 11 daily flights between the islands and Penzance, taking up to 10 people per crossing.
The company said the addition of another helicopter would increase its fleet to three aircraft and allow up to 17 crossings per day.
David Page, Penzance Heliport base manager, said passenger numbers had increased by 30% since helicopter operators Starspeed took over running the service in 2022.
"The addition of a third aircraft will make a significant investment in the resilience, reliability and extra flights to the islands which is obviously what we need," Mr Page told BBC Radio Cornwall.
He added: "Initially we'll lease it [the aircraft] for a long-term period with the aim, eventually, to purchase it like we've done with the other two.
"The two we're running at the moment ranged between about £15m and £20m."
Mr Page said the business had connected with the community and held classes for schools and invited the local Women's Institute group for a tour.
"It's an ambition of mine to really connect with our neighbours and the community and we have worked hard as a team to do that over the past three years," he said.
Penzance Helicopters expect to receive their new aircraft in August and have it in operation for summer 2026.
More news stories for Cornwall
Listen to the latest news for Cornwall
Follow BBC Cornwall on X, Facebook and Instagram. Send your story ideas to spotlight@bbc.co.uk.
Two-million pound heliport approved
Penzance-Scilly helicopters axed
Penzance Helicopters
Starspeed
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29-07-2025
- Yahoo
Tasty discuss board appointment and funding with David Page
UK's casual dining restaurant operator Tasty has confirmed advanced discussions with PizzaExpress former CEO David Page and Fulham Shore former finance director Nicholas Wong regarding potential board appointments, and also strategic funding opportunities, which may include an equity placing. The company is considering various funding options to invest in future strategic opportunities. This follows reports from Sky News that Page is looking to raise nearly £10m ($13.4m) from institutional investors. If successful, this move could lead to changes in Tasty's leadership structure. According to sources, the potential equity raise could result in Page becoming Tasty executive chairman. The company, which is the owner of the Wildwood and dim t dining brands, is also expected to undergo a rebranding to Bow Street Group on the London Stock Exchange, the news channel added. The deal would involve Tasty acquiring Page as well as his associates' cash shell. Nicholas Wong, given his prior experience working with Page at previous establishments, is set to assume the role of finance chief at Bow Street Group, if the proposal becomes successful. The current and proposed members of the board are expected to contribute over £1m to the share placing. Page's plans also include a review of Tasty's current restaurant portfolio. The fundraising efforts are being managed by investment banking firms Allenby Capital and Cavendish. Tasty plans to make further announcements as developments unfold. In 2023, Japan's Toridoll Holdings acquired Page's previous venture, Fulham Shore, which included the Franco Manca pizza chain, in a deal valued at £93m. Toridoll made the offer to acquire Fulham Shore, in April 2023. "Tasty discuss board appointment and funding with David Page" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Yahoo
Restaurant tycoon Page opens new chapter with Tasty deal
One of Britain's most prolific restaurant industry entrepreneurs is in talks to raise millions of pounds in a deal that would see him take the helm at Tasty, the London-listed leisure group. Sky News has learnt that David Page, who previously ran chains including PizzaExpress and Gourmet Burger Kitchen, is seeking close to £10m of new funding from institutional investors. If successfully implemented, the deal would see Mr Page installed as executive chairman of Tasty, which would be renamed Bow Street Group on the London Stock Exchange. Money latest: Tasty, which owns the dim t and Wildwood casual dining brands, would acquire a cash shell owned by Mr Page and associates as part of the deal. It would then seek to acquire a number of brands, for which it would act as an incubator. Nick Wong, who worked with Mr Page at two of his previous ventures, would become Bow Street Group's finance chief if the plan is successful. Tasty launched a restructuring plan last year which saw more than a third of its 54 sites jettisoned. Recent trading at the company is said to have improved, although it continues to face the headwinds of inflationary cost pressures and the impact of tax increases which trade body UK Hospitality recently warned would result in a jobs bloodbath across the industry. As part of Mr Page's fundraising plans, existing and proposed board members would commit more than £1m to a share placing, according to restaurant sector insiders. The entrepreneur's career in the industry has spanned more than three decades, with the 1993 flotation of PizzaExpress a milestone. He then floated Clapham House Group, which included The Real Greek concept, in London a decade later, before selling it. Mr Page's subsequent venture, Fulham Shore, and its Franco Manca pizza chain were sold to Toridoll Holdings of Japan in 2023 for £93m. Sources said his plans included a review of Tasty's existing sites The fundraising is being coordinated by Cavendish and Allenby Capital, the investment banks. A spokesman for Mr Page declined to comment, while Mr Plant did not respond to a call seeking comment.
Yahoo
21-07-2025
- Yahoo
You Have $1,000 to Invest. Should You Buy GOOG or GOOGL?
Key Points Alphabet offers investors exposure to powerful tech megatrends like artificial intelligence (AI), cybersecurity, and autonomous transportation -- all under one roof. Alphabet trades under two ticker symbols, but they both represent the same underlying business. Unless voting rights are important to you, either ticker is a great way to invest in this "Magnificent Seven" stock. 10 stocks we like better than Alphabet › The "Magnificent Seven" is a popular tag for the most dominant, high-performing tech companies on the planet. Alphabet (NASDAQ: GOOGL), (NASDAQ: GOOG), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla have delivered market-crushing returns over the past decade, in large part because their businesses are on the forefront of the most disruptive technology macrotrends in modern history. While all seven companies are juggernauts in their own right, one Magnificent Seven stock stands out due to its dominant core business, exposure to multiple megatrends, and attractive valuation relative to its cohorts. That stock is Alphabet. An unconventional company There's something else that makes Alphabet different. Unlike the other members of the Magnificent Seven, Alphabet trades under two tickers: GOOG and GOOGL. Why would Alphabet do that? A little history will provide some helpful context. Larry Page and Sergey Brin founded Google (Alphabet's predecessor) in 1998. When Google filed its IPO paperwork in 2004, Page declared in a letter to prospective shareholders: "Google is not a conventional company. We do not intend to become one." In that same letter, Page fretted that becoming a public company could undermine the independence and creative spirit that had been critical to Google's success. He also made it clear that the company would not "shy away from high-risk, high-reward projects" just to hit some arbitrary quarterly financial target. To ensure that Page, Brin, and the rest of the executive team would retain "control over the company's decisions and fate," Google implemented a dual-class stock structure. It's all about insider control Common stock represents partial ownership in a company, and it usually comes with the right to vote on issues such as executive compensation, board members, and mergers and acquisitions. When Google debuted as a publicly traded company in August 2004, it used the dual class structure to concentrate 99% of the voting power in the hands of its founders, executives, and board members. Here's how: Each share of Class A common stock (available to regular investors) came with one vote. Each share of Class B common stock (held by founders and insiders) came with 10 votes. At the time, Page acknowledged that this was an unconventional move for a tech company, although it wasn't uncommon for other types of businesses. Perhaps the most well-known example is Berkshire Hathaway. However, in the years since Google's 2004 IPO, a number of tech companies have adopted dual class structures to maintain insider control, including Meta Platforms, Palantir, and Roblox. . This is where it gets a little confusing In April 2014, Google added another layer of complexity to its share structure by way of a 2-for-1 stock split. On April 2, 2014, Google's shareholders received one share of newly issued Class C stock for every share of Class A stock that they already owned. Starting on April 3, 2014, two classes of Google stock were available to the public: Class A shares (GOOGL): One vote per share Class C shares (GOOG): No voting power The important thing to note is the Class C shares don't come with voting rights. That was the whole point of the 2014 stock split. By issuing nonvoting Class C shares, Google could fund acquisitions and offer stock-based compensation and incentives without diluting executives' voting power. To recap, this is the share structure that exists today: Class A shares (GOOGL): One vote per share Class B shares (held by insiders): 10 votes per share Class C shares (GOOG): No voting power Should you buy GOOG or GOOGL? Today, Google the search engine is just one piece of Alphabet, the umbrella company formed in 2015. What makes Alphabet such a compelling investment is that it's not just a search-engine provider. Owning Alphabet is a bit like owning an ETF with exposure to some of the biggest themes in tech -- from cloud computing and AI to autonomous vehicles, cybersecurity, and streaming. And as I alluded to earlier, Alphabet trades at a discount to its Magnificent Seven cohorts based on its forward price-to-earnings (P/E) ratio: But there's still one question left to answer: Is GOOG or GOOGL the better investment? Because GOOGL comes with voting rights, you'd think it would trade at a premium to its Class C sibling, GOOG. But interestingly enough, GOOG has outperformed GOOGL since April 3, 2014, ever-so-slightly: As of July 16, GOOG was priced at $183.77, just a hair above GOOGL at $182.97. So based on the recent price action, you could look at it this way: GOOGL gives you the same exposure to Alphabet's basket of businesses, but at a slightly lower price, with the added benefit of voting power. In reality, most regular investors can't purchase enough shares to have any meaningful impact on the company's strategic direction through their votes. And because both tickers represent the same underlying security, there likely will never be any wide variation in price between the two. So unless you care deeply about voting rights, either ticker is a great way to invest in this Magnificent Seven standout. Should you buy stock in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Josh Cable has positions in Alphabet, Amazon, Berkshire Hathaway, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, Palantir Technologies, Roblox, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. You Have $1,000 to Invest. Should You Buy GOOG or GOOGL? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data