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Hovertravel

A flying start

We meet Neil Chapman, Managing Director of Hovertravel, to find out how he is investing in his fleet.

Hovertravel is the world’s longest running commercial hovercraft service providing critical infrastructure between the Isle of Wight and the UK mainland. Established in 1965, Hovertravel is the fastest way to cross the Solent.

Used by 1 million passengers a year, the hovercraft service supports tourism and the local economy.

Recognising Hovertravel’s ambition to invest in the future and embrace new technologies, Barclays provided asset finance to help bring two new ‘first in class’ crafts into its fleet.

Barclays has offered much more than anybody else has done in the past. We’re very proud of our relationship.

Neil Chapman

Managing Director, Hovertravel

This unique transaction required a deep understanding of the business, establishing a strong partnership between Barclays and Hovertravel.

By drawing on knowledge from similar sectors and our expertise in Accessibility, Barclays took a holistic view of the business suggesting further enhancements to improve the customer experience.

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Industry expertise

Manufacturing, Transport and Logistics

For over a decade, Barclays has provided dedicated expertise across the whole value chain for these key UK industries.

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Insight

History of Innovation

From the Cunard Lines to Hovertravel, Barclays has a long history of supporting clients on the high seas.

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Get in touch

To discuss your business requirements and how Barclays can support you, contact us today.